Kentucky Incentives/Policies for Energy Efficiency |
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Last DSIRE Review: 07/03/2012
Program Overview:
| State: |
Kentucky |
| Incentive Type: |
Utility Rebate Program |
| Eligible Efficiency Technologies: |
Water Heaters, Heat pumps, Heat Pump Water Heaters |
| Eligible Renewable/Other Technologies: |
Geothermal Heat Pumps |
| Applicable Sectors: |
Residential |
| Amount: | Heat Pumps (Existing Homes): $50 - $200
Heat Pumps (New Construction): $200 - $400
Electric Water Heater (Existing Homes): $50
Electric Water Heater (New Construction): $50 - $100 |
| Equipment Requirements: | Heat Pumps: 13 SEER minimum
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| Web Site: |
http://www.precc.com/precc/res_existing_home.htm
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Summary:
Pennyrile RECC offers residential customers in new and existing homes cash incentives to encourage energy efficiency. For customers in existing homes, Pennyrile RECC will pay a $100 incentive if a new electric heat pump that is at least 13.0 SEER is installed in a home by a participating 'Quality Contractor'. An eligible heat pump that is not installed by a participating contractor can receive a $50 cash rebate. If a participating contractor installs an advanced heat pump or a geothermal system, the customer is eligible for a $200 rebate. Customers may also receive a $50 incentive for installing an electric water heater in existing homes. In addition to this rebate program, Pennyrile RECC offers a loan program for customers to install energy efficient heat pumps.
For customers building new homes, Pennyrile RECC offers an advanced water heater incentive of $100. Customers who install an electric air source heat pump in new homes are eligible for a $200 rebate, and customers who install a geothermal or advanced dual compressor heat pump in new homes can receive $400 per unit.
In addition, the Pennyrile New Home Program encourages customers to build homes that meet energy efficiency standards by providing cash incentives. For more information on the incentive amounts and requirements of the program, contact Pennyrile RECC or visit the Tennessee Valley Authority (TVA) energyright web site.
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Contact:
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Customer Service - Pennyrile RECC
Pennyrile Rural Electric Cooperative Corporation
2000 Harrison Street
P.O. Box 2900
Hopkinsville, KY 42241-2900
Phone: (270) 886-2555
Phone 2: (800) 297-4710
Fax: (270) 885-6469
Web Site: http://www.precc.com
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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