SAVING ENERGY AND IMPROVING COMFORT THROUGH ENERGY EFFICIENCY HOME IMPROVEMENTS JANUARY 28 TH, 2011
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.
KY Home Performance
+36.78% (136 Trillion BTU)
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
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
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
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
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)
What Happens Next Market and Work with Utilities Continue Training to Contractors Quality Assurance Market to Consumers Track Program Results Long Term Program Sustainability