Home Upgrade Program Updates Webinar
|
Thursday, July 21, 2016
8:00AM to 9:00AM
In this webinar, account managers will:
- Provide an overview of the changes to the Home Upgrade program.
- Answer questions about the changes and introduce the energy savings calculator.
- Collect Participating Contractor feedback on how to support contractors during this transition.
Please note that questions will be taken through the chat box. A list of these answered questions will be released in an email following the webinar.
|
The Energy Network Home Upgrade
Program Updates:
Effective August 1, 2016
|
To ensure consistent program implementation region-wide, The Energy Network is announcing updated project requirements for
The Energy Network's Energy Upgrade California® Home Upgrade program.
Effective August 1, 2016, the following changes will apply to new Home Upgrade project reservations with The Energy Network:
- Minimum 10% energy savings OR measure rebate value of $2,000 or greater:
- Projects with 10% or greater energy savings qualify. No audit is required. An energy savings calculator will be provided by the program.
- Or,
- Projects can qualify without the energy savings calculation by including measures with a combined rebate value of $2,000 or greater. This is in alignment with the SCE/SoCalGas program 200-point minimum.
- Final rebate must not exceed 50% of project cost:
- The $3,000 maximum is still in place.
- For example, if the project cost is $5,000, the maximum final rebate is $2,500, even if the sum of measure rebates is $2,700.
All other program requirements including the three-measure minimum remain the same.
Summary of Program Changes as of August 1, 2016
|
Existing Requirements
|
Updated Requirements
|
Minimum energy savings OR measure rebate value
|
N/A
|
Minimum of 1
0% energy savings, or minimum of $2,000 rebate value for all measures
|
Maximum final rebate
|
Maximum of $3,000
|
Maximum final rebate of 50% of project cost, up to $3,000 cap
|
Timeline |
Projects received before 8/1/16 and completed before 12/31/16 |
Projects received after 8/1/16 or completed after 12/31/16
|
Projects reserved prior to August 1 must submit all post-retrofit data before December 31, 2016 to be exempt from the updated project requirements.
|
Updated Home Upgrade Brochure
|
- The home must have a minimum of 10% energy savings or measure rebate value of $2,000 or greater.
- Rebate and incentive amount can be a maximum of 50% of the total project cost, up to a $3,000 cap.
If you would like a new set of brochures to be mailed to your business, please email your name, business, and shipping address to Kate at
krathbun@theenergynetwork.com
.
|
Frequently Asked Questions:
- What if I reserve my incentive before August 1, 2016 but do not submit my post-retrofit application ahead of the December 31, 2016 deadline?
- The new program requirements described above will apply.
- What if I reserve my incentive on August 1, 2016?
- The new program requirements described above will apply.
- How do I learn more?
- Contact your Account Manager. We are also hosting a Program Updates Webinar where we plan to gather your feedback on how we can best support you during this program change.
- What if my project includes measures with a rebate value of $2,400, but the project cost is only $3,600?
- This project meets the minimum measure rebate value requirement of $2,000, so no energy calculation is required. However, the customer's final rebate will be $1,800, as the maximum final rebate must be no greater than 50% of the $3,600 project cost.
- Will the incentives and requirements go back to the old structure on January 1, 2017?
- The new program requirements will continue to apply in 2017.
- How will I calculate the energy savings for a Home Upgrade project?
- The energy savings calculator will be provided to Participating Contractors later this month, in alignment with the SCE/SoCalGas program. If your project includes a measure rebate value of $2,000 or greater, the requirement is satisfied without using the calculator.
|
|