Notice: Funds are now depleted for the HomE Rebate Program.
Co-op energy efficiency rebates return
In 2011 the electric cooperatives of Illinois received $2.5 million from the American Recovery and Reinvestment Act program through the Illinois Department of Commerce and Economic Opportunity’s State Energy Plan. Those funds were, in turn, distributed as rebates to co-op member-owners for energy efficiency projects. This investment paid real dividends and helped prime the pump for nearly ten times that in energy efficiency investments. Better yet, the energy efficiency improvements will multiply the savings for many, many years.
If you didn’t get a chance to participate in the first round of HomE rebates now you have a second chance. HomE Lite rebates are available through June or until funds are depleted.
The HomE energy efficiency rebate program was so successful at saving energy for co-op member-owners that it is being repeated for a second but very limited time.
HomE Lite Incentive Rebates Include:
- Geothermal system – $1,500
- Air-Source Heat Pump (16 SEER or higher) – $1,000
- Insulation and Weatherization – 50 percent of total project cost, up to $1,000
- Heat Pump Water Heater – $250
- Commercial installations – $500 per ton of capacity, up to a maximum of $10,000 for geothermal and air source heat pumps.
- Energy Audit by BPI certified auditor – up to $300
Bill Stalder, Manager of Marketing/Member Services says, “We know a lot of members were unable to participate in the first HomE program for a variety of reasons. All cooperative members are eligible for HomE Lite. These rebates, plus the the federal income tax credits that are available for some of the projects, make this a great time to make your home more energy efficient.”
Rebates begin January 1, 2013 through June 30, 2013 or until funding is depleted. For more information, contact Bill Stalder at Adams Electric at (800) 232-4797.