Home Energy Rebate Program reduced energy use, created jobs, saved Alaskans money
May 18, 2012
The Institute of Social and Economic Research (ISER) and the Cold Climate Housing Research Center (CCHRC) teamed up recently for an analysis of the Alaska Housing Finance Corporation’s (AHFC) Home Energy Rebate Program. There’s lots to read here and some good results. Alaska’s state government has spent an estimated $110 million since 2008 for better insulation, new furnaces, and other retrofits for roughly 16,500 homeowners—10% of all homeowners statewide – under the program.
Download the full report here (.pdf)
“Customers who went through the rebate program started with
higher use—on average using 15% to 20% more gas annually
than other customers. But by 2011, their use had dropped to
about 8% below that of other customers (Figures 11 and 12).”