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Kentucky

Kentucky

Incentives/Policies for Renewables & Efficiency

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Mountain Association for Community Economic Development - HowSmartKY On-Bill Financing Energy Efficiency Program   

Last DSIRE Review: 01/30/2013
Program Overview:
State: Kentucky
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Clothes Washers, Dishwasher, Refrigerators, Dehumidifiers, Ceiling Fan, Water Heaters, Lighting, Chillers , Furnaces , Boilers, Heat pumps, Central Air conditioners, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Siding, Roofs, Custom/Others pending approval, Unspecified Technologies, Room Air Conditioners, Cool Roof
Applicable Sectors: Commercial, Residential, Nonprofit, Multi-Family Residential
Amount:Custom
Terms:Repayment can be made via electric bills; costs are partially secured by savings on electricity bills
Web Site: http://maced.org/howsmart-overview.htm
Summary:

Four rural utility cooperatives in Eastern Kentucky (Big Sandy RECC, Fleming-Mason RECC, Grayson RECC, and Jackson Energy) work with MACED to provide energy retrofits as part of utility service under the KY Energy Retrofit Rider. The program, How$martKY, addresses a barrier that households and small businesses face when making an up-front investment in energy efficiency improvements such as insulation, air-sealing and HVAC upgrades.

After completing an energy assessment of the property and estimating the potential savings, the utility will oversee contractor installation of energy efficiency upgrades and provide assurance that the improvements have been correctly installed.

After installation, How$martKY will allow customers to make installment payments as part of their monthly utility bills, gradually paying for the efficiency upgrades by using part of the energy savings generated by the retrofit. Customers are expected to see savings on utility bills. Charges remain with the property and not the customer, to accommodate all classes of utility customers.


 
Contact:
  Jeff Fugate
Mountain Association for Community Economic Development (MACED)
433 Chestnut Street
Berea, KY 40403
Phone: (859) 986-2373
Fax: (859) 986-1299
E-Mail: jfugate@maced.org
Web Site: http://maced.org/index.htm
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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.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.