Alaska Housing Finance Home Energy Rebate Program recognized as one of nation’s best
October 22, 2010
From Alaska Housing Finance Corporation: – The American Council for an Energy-Efficient Economy (ACEEE) recently announced that AHFC’s Home Energy Rebate Program is one of the exceptional state-led energy-efficiency programs in the United States. ACEEE recognized a total of just 18 top programs from 14 states. AHFC’s Home Energy Rebate Program received one of 10 honorable mentions awarded.
Alaska’s Home Energy Rebate Program helps homeowners reduce energy costs by providing rebates toward the cost of energy-efficiency improvements. Energy ratings are required before and after improvements. Homeowners pay all costs upfront, and the rebate is paid out based on increased energy efficiency and eligible receipts. The maximum rebate is $10,000. Homeowners have 18 months to complete the program.
Dan Fauske, AHFC CEO/Executive, said, “Our calculations show people reduce energy use by about 30 percent and save nearly $1,600 a year on average. We are thrilled to be recognized for successfully rolling out this program in an extremely short timeframe. Although we had some bumps along the road, the response from those completing the program has been overwhelmingly positive.” Read more