These four new residential programs and one targeted to commercial/industrial use are in addition to low income home weatherization and residential air conditioning load-control summer peak demand reduction programs initiated in May of this year.
Similar to programs offered in West Virginia, one of the residential programs would provide incentives to manufacturers of ENERGY STAR® qualified manufactured homes (MH) sold and installed in AEP’s Virginia territory. Jim Fawcett, manager of energy efficiency and alternative energy initiatives for AEP, said, “All of these programs offer benefits to our customers through a combination of direct rebates and long-term savings on their bills. Appalachian Power and its customers also benefit through the management of demand growth.”
The other residential programs include a walk through assessment with rebates for energy efficient upgrades; $50 to customers for recycled appliances that are picked up; and instant discounts on specific LED lighting at participating retailers, and mail-in rebates on select ENERGY STAR® appliances.
Commercial customers will be entitled to rebates for installing certain energy efficiency upgrades.
Approved by the SCC for three years, the $5.3 million annual cost will be recovered through a Rate Adjustment Clause (RAC) on customer bills beginning in January 2016. The RAC will add less than $.60 to the electric bill of a residential customer using 1000 kilowatt-hours per month. ##
(Photo credit: fotosearch)
