Federal and Austin Energy Rebates

Purchasing an energy-efficient product will not only help you cut down on your utility bills but can also make you eligible for a federal tax credit of 30% of the cost up to $1,500, which expires on December 31, 2010. If you are interested, here are some resources to help you:

Free Thermostats
Any Austin Energy commercial electric customer or residential with standard-type air conditioners – package units, split systems, or heat pumps, may apply to receive a free programmable thermostat, along with free installation and warranty – valued between $200 and $280. In return, you allow Austin Energy to manage the “cycling” of your air conditioner on 10-15 summer afternoons with others when the demand for electricity is at its highest.

Residential and Commercial Rebates and Incentives
While home owners can look forward to $1575 in rebates for attic insulation, air conditioning, caulking, solar screens, and weatherstripping as well as bonus rebates of up to $650, small-to-midsize and non-profit businesses can also get lucrative rebates of up to $100,000 for Commercial Energy Management, up to $200,000 for Data Center Efficiency Rebate etc.

Installing High Efficiency HVAC Equipment
Customers who set up high efficiency HVAC equipment can now get rebates from Austin Energy and they even do not require an energy audit to qualify. However, funding is limited and it’s only available for Austin Energy customers on a first-come, first-served basis.

Solar Photovoltaic Rebates
You may be encouraged to install solar energy systems with commercial incentives and solar photovoltaic (PV) rebates from Austin Energy. This company also administers solar projects and funding in cooperation with state and national organizations.

Energy efficiency at Your Home Made Easy
Austin Energy electric customers who stay in rental property, duplex, condominium or town home, or own a single-family home are eligible to get low-interest, unsecured loans from Austin Energy that do not require a lien on the property, in order to invest in installation/repair of energy efficient systems. However, manufactured homes and mobile homes are not eligible for this loan.

Solar Photovoltaics Loans
Residential customers with single-family residences can avail loans of up to $20,000 to finance their solar electric system at low rates through Velocity Credit Union. Loans are as long as 10 years with no fee, no lien on loans up to $15,000, no closing costs up to $400, and no prepayment penalty.

Free Home Improvements
Home owners with low-to-moderate incomes can now get free home-energy improvements to reduce energy costs and enhance comfort. Know details of general qualifications and renter qualifications by clicking the above url.

Federal Tax Credits for Consumer Energy Efficiency
Get an overview of the federal tax credits for energy efficiency and know if you are eligible for the same when you buy an energy-efficient product or renewable energy system for your home.

Finding Rebates in Your State
Click on the map or the table to select a state or territory and learn about its appliance rebate program.