Admin

Colorado Energy Rebates for New Qualified Appliances

By
Real Estate Agent with Roots Real Estate

Colorado Energy Rebates - Now you can save money and energy

Solar PanelI just recieved an email from the Colorado Governor's Energy Office (GEO) with new information regarding Colorado Energy Rebates for purchases of new ENERGY STAR appliances. The program allows Colorado residents to get money back on the purchase of appliances, solar panels, insulation, and home efficiency improvements.

Many common appliance and energy upgrades will qualify for the rebates. If you're in the market for any of these systems, I would recommend waiting till April 19th to make these purchases since these rebates will not be retroactive.

More detailed information will be provided on the GEO website by March 31.

 

 

Answers to a few quick questions about the rebates.

How much money is available?

Approximately $22 million will be made available in the form of nearly 75,000 rebates.

There are only 16,000 rebates available for ENERGY STAR appliances, ranging from $50 to $100.

There are a lot of energy rebates floating around right now, so be sure to check with local retailers as well and ask about any specials they may be offering.

When wil the Colorado Energy Rebates be available?

Colorado residents can begin claiming rebates on April 19 by visiting the Recharge Colorado website. High interest is expected and Energy Rebates will be given on a first-come, first-serve basis.

What items are available for rebates?

I've copied the following from the email I recieved this afternoon:

Energy Star LogoHome appliance rebates

ALL APPLIANCES MUST BE ENERGY STAR RATED. ADDITIONAL REQUIREMENTS EXIST above just Energy Star labeling in some cases

Not all products and services will qualify for a rebate. The GEO strongly encourages consumers to review the rebate materials carefully when considering purchases.

For an appliance that is deemed eligible, the following rebate level will be paid:

Clothes washers $75

Dishwashers $50

*Refrigerators $100 with proof the previous refrigerator was recycled. Proof consists of a receipt from a recycling facility or a receipt from a retailer engaged in an existing recycling agreement with the GEO. A list of retailers will be available in coming weeks.

*Refrigerators $50 with no proof of recycling.

**Furnaces - gas condensing $500

Hot water heater - gas condensing/high performance $200 (minimum efficiency rating available in coming weeks)

Hot water heater - gas tankless $300

Gas boilers - $400

*Refrigerators must be at least 12 cubic feet in size to qualify.

**Furnaces must also be rated at an Annual Fuel Utilization Efficiency (AFUE) greater or equal to 92 percent

Residential energy efficiency rebates

Insulation and air sealing - 20% of cost up to $400 (will not exceed $600 if combined with an existing local utility rebate taken by the consumer)

Duct sealing - 20% of cost up to $75 (will not exceed $125 if combined with an existing local utility rebate)

Whole-house energy audit - tiered rebate of $25 to $100 depending on cost of audit

Whole-house energy monitor - $50 (will not exceed $100 if combined with an existing local utility rebate)

Renewable energy rebates

Note: Rebates are based on system size, calculated per watt. So no hard dollar figure is provided here.

*Solar photovoltaic - 20 to 30%. In some cases, rebates combined with local incentives will result in a 50 % reduction in costs.

Solar domestic hot water - 30% of the cost

Solar thermal and/or hot water (commercial only - no pools, spas or snowmelt) - approx. 30 % of the cost of the system

Small wind (residential) up to 10 kW - approx. 30% of the cost of the system

Small wind (commercial) - approx. 15 to 20% of the cost of the system

For more information visit Colorado Energy Office.

 

Posted by

Benchmark Realty

Benchmark Realty is a full-service real estate brokerage serving Northern Colorado. Visit our website, to learn more about why we are the smartest way to sell real estate in Northern Colorado.

Web Statistics

Comments(2)

Show All Comments Sort:
Charles Stallions Real Estate Services
Charles Stallions Real Estate Services Inc - Gulf Breeze, FL
Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

and we are how many trillions in debt. I wonder if this waste could help all the people losing their homes. Will all that work on the bridges they move under.

Mar 16, 2010 04:09 PM
Kenny Layton
Roots Real Estate - Fort Collins, CO
Fort Collins Real Estate Agent

Joyce,

I share your frustrations about the debt. At the same time, this is a tiny incentive compared to an $8,000 tax credit that I don't hear too many agents bemoaning right now.

Mar 17, 2010 05:09 AM