Think all the rebates the federal government issued in 2009 and 2010 are gone? Well maybe, estimated 25,926 rebate reservations were made on March 1, 2010, the opening day of the Economic Stimulus Trade-in & Save Appliance Program in the State of Minnesota. Another estimated 9,400 people were put on a waiting list March 2, 2010.
By the end of April 2010 more than $3 million in rebates were issued to Minnesota residents for replacing their old appliances with new Energy Star models.
Is it too late to save? No. Although the big push for the Economic Stimulus on bigger ticket items like stoves, refrigerators and freezers has passed most people by, there are still several rebates that people can take advantage of.
CFL bulbs. The Minnesota Municipal Power Agency opened rebates to residents of municipalities for CFL light bulbs. CFL stands for Compact Fluorescent Light bulbs. A rebate of $2 per bulb or the purchase price whichever is less and the purchase price not to exceed purchase price (maximum rebate of $100 per customer per year).
To qualify you can go to your local municipalities website and search for the rebate on the words CFL Bulb rebate and find the pdf form to fill out, attach all your receipts, UPC codes and send it in to the address listed on the form. Not only will you receive up to $100 in rebate money for the year, but also you will use 75% less energy than incandescent bulbs and the CFL light bulb will last ten times longer.
Depending upon what company you receive your power from there are several different types of rebates listed by Utility Company. Rebates consist of Energy Star certified appliances, window replacement, heating and cooling systems, solar systems, etc. This site lists most utility companies in Minnesota and each offers different rebates.
One of the common rebates is a campaign called Come Home To Comfort campaign is another local municipal rebate program to help you save on your heating and cooling bill. The rule of thumb is to turn it down in the cooler months and up in the warmer months. For example, so if you keep your temperature at 70 degrees rather than 72 degrees, you could save about 4 percent on your heating usage. There is a similar relationship for cooling your home. If you keep your home at 78 degrees rather than 76 degrees, you can save about 4 percent on your cooling costs, which could equate to $200 a year in savings. What if you aren’t home all the time. Well they thought of that. There is a programmable thermostat rebate program. Buy a programmable thermostat and receive $10 or more by filling out the utility company rebate form, a copy of your receipt and the UPC code off the packaging. Read the instructions carefully on the rebate form as each requires something a little different.
A bigger investment for a residence would be a solar hot water heater. The Solar Hot Water Residential Rebate program was put into place with the American Recovery and Reinvestment Act of 2009. It provides up to, but not to exceed 25% of the overall project cost. For a single family home that is up to a $2000 rebate. For a multi family residence up to a $4000 rebate. There are some strict appliances you must adhere to, including a $500 down payment commitment, making sure all your paperwork is order before you order your supplies, but the paperwork and hassle would be worth it as the overall savings would offset the time and trouble.
Not exactly a rebate, but yet a rebate at tax time is the tax credit incentive of up to 25% of your replacement bill for windows. Replacing windows is one of the smartest moves a person can make for an aging home. To meet the requirements you have to fill out the proper tax form at tax time and submit copies of your receipts with the tax form. The Energy Star website will list the appropriate tax forms for the tax year you are filing for. The requirements the windows need to meet are listed on the website under window At the same time you are replacing your windows, check into replacing your doors. There is a tax credit available for replacement.with a storm door. The requirements for replacing storm doors are listed also on the Energy Star website.
Yes with a little more work, you can save a lot more money for your Eco-efficiency efforts, and in these times of economic stress, every little bit helps.