Utility Rebates for Energy-Efficient Homes

Did you know that most local energy companies provide energy rebates for homeowners? In an effort to encourage the population to use more energy-efficient appliances and lighting, utility companies all over the United States fund various rebate programs for upgrades, new appliance purchases, and construction projects. The rebates help to offset the initial cost of energy-efficient appliances. Also available are low-interest loads for residential customers. Some utilities have programs in place that will even help pay for improvements that reduce overall connective load on kilowatt usage. And then some utility companies have energy assistance programs that provide monies to help pay for window treatments, insulation and lining, and air conditioning. There are many rebates available from your local utility company to help make your home more energy-efficient.

Yet, as with all rebates, if you don't follow the fine print of the rebate, you might be waiting in vain for the check to show up in your mailbox. Here are some things that you should know about energy rebates offered by utility companies:

• Of all of the rebate options available, it is likely that you will only be permitted to use one. So, it makes sense to choose the one rebate that will be the most lucrative for your situation. Research your options, the requirements for each, and then choose the one from which you will gain the most benefit.
• If you hire contract labor for your home improvement project, make sure that you are the one who will receive the rebate or incentive, instead of the contractor. In some instances, a third party is permitted to apply for the incentive credit or rebate. As part of your negotiation with your contractor, address the topic of utility rebates and incentives.
• Realize that most utility companies will send checks to the person whose name appears on the utility bill. Perhaps you're expanding your property, requiring another electrical meter. Since the contractor applies for the meter in his name, any rebate check will be addressed to him. You may need to supply an affidavit to the utility company, signed by you and the contractor, stipulating who will get any rebate or incentive check.

File for your rebates as soon as possible. Check expiration dates, closing dates, filing requirements, and ask for a website address to check the progress of your rebate. When you contact your utility company to ask about rebates and incentive programs, get the name of the person who gives you the information. That way, if you cannot check your rebate status online, you will have a name to ask for when you call for a status.