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SAVING ENERGY AND IMPROVING COMFORT THROUGH ENERGY EFFICIENCY HOME IMPROVEMENTS www.KYHomePerformance.org JANUARY 28 TH, 2011.

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Presentation on theme: "SAVING ENERGY AND IMPROVING COMFORT THROUGH ENERGY EFFICIENCY HOME IMPROVEMENTS www.KYHomePerformance.org JANUARY 28 TH, 2011."— Presentation transcript:

1 SAVING ENERGY AND IMPROVING COMFORT THROUGH ENERGY EFFICIENCY HOME IMPROVEMENTS JANUARY 28 TH, 2011

2 Kentucky Homes and Energy  Kentucky’s 1,747,512 occupied-housing units make up the residential sector of the state’s energy consumption.  The residential sector represents 17% of Kentucky’s 2006 energy end-use consumption and the Btu amount ranks 25 th in the nation (344.6 trillion Btu).  Total energy consumption per capita is among the highest in the nation (ranked 6 th in 2006).  1,122,143 (59%) of homes were built before  The Kentucky average residential electricity price of electricity has steadily climbed since 2000, increasing 25% from 2000 to  Carbon legislation on the horizon.

3 KY Home Performance

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6 +36.78% (136 Trillion BTU)

7 What is KY Home Performance  $6.1 million in funding  Estimated leverage $17.5 million  1-4 leverage ratio for subsidy  Will provide rebates or below-market rate loans  Can be used with utility or manufacturer rebates  State and federal tax credits may apply  Other rebates and subsidy may apply

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9 Financial Incentives  80% of training and certification costs for BPI Training up to $1,000 for first 100 applicants  80% of equipment costs up to $2,000, for first 50 applicants.  Note: Terms and conditions apply.  See MyKYHomePerformance.org for details.  $150 Rebate for Home Energy Evaluation  Free Quality Assurance Inspection of home energy improvements by Independent Third Party.  Rebates up to $2, match required. - OR -  6.99% loan up to $20,000 max for up to10 years. ContractorsHomeowners

10 Utility Partners  Atmos Energy  Blue Grass Energy  Delta Natural Gas Company, Inc.  Duke Energy  Columbia Gas  East Kentucky Power Cooperative  LG&E and KU  Meade County Rural Electric  Jackson Purchase Energy Corporation  Kenergy Corporation  Tennessee Valley Authority  Utility partners to be added – Cooperatives and Municipals

11 Program Results To Date 58 Contractors/Firms Signed up to Date Serving 120 KY Counties Training to Contractors Best Practices = 117 Contractors KHP 101 = 121 Contractors Software Training = 55 Contractors Rebate and Loan Training = 40 Contractors Equipment Rebates - 35 paid, 15 pending BPI Training Rebates Processed - 51 paid Rebates Processed for Completed Jobs - 3 paid, 31 pending Loans 1 Processed, 1 in Process, 10 pending

12 Program Results To Date Pipeline Numbers  Leads - 91  Evaluations Submitted - 51  Evaluations Approved - 42  Jobs Submitted - 6  Jobs Approved - 3  Leads Converted - 37 Calls to the Customer Service Line  Contractors - 87 Calls  Consumers Calls Website Visits  Sept – 3,278  Oct - 1,976  Nov -12, 608  Dec - 300,531  Jan - 450, 259 (to date in the month)

13 What Happens Next  Market and Work with Utilities  Continue Training to Contractors  Quality Assurance  Market to Consumers  Track Program Results  Long Term Program Sustainability

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