CPS Energy is urging customers to take advantage of federal grant money for energy saving measures before it’s all gone, and consistent high temperatures kick in.
Funding received from the Better Buildings Neighborhood Program, a Department of Energy initiative, has helped the City of San Antonio and its partner, CPS Energy, promote energy savings and incentives for homeowners. Those who have already participated have realized a savings of 2,202,703 kilowatt hours, and the City of San Antonio has paid nearly $1 million in incentives to customers who achieved a 15% reduction in energy consumption from suggested retrofits.
CPS Energy and the City partnered on the program to make grant money available to homeowners for do-it-yourself and discounted professional energy audits. Homeowners who make improvements can receive up to a $2,000 incentive for reducing energy consumption by 15%. Funding for the program expires on June 30.
Locally, funds from the Better Buildings Program helped CPS Energy pursue goals outlined in its Save for Tomorrow Energy Plan (STEP), which is aimed at reducing 771 megawatts (MW) by 2020.
The following program incentives end on June 30, 2013:
- Online do-it-yourself audit receives a $5 credit on the customer’s utility bill
- Detailed professional audit for $25 ($200 value)
- Professional audit and completion of suggested retrofits leading to 15% energy savings; receive up to a $2,000 cash incentive from the City of San Antonio
Although the incentives offered through the Better Buildings Program will soon be discontinued, customers seeking to improve their energy efficiency can visit cpsenergysavers.com to learn about rebates offered through the end of the year.