| |
WAVERLY LIGHT AND POWER ANNOUNCES NEW SOLAR REBATE OPPORTUNITIES
Solar Water Heating System Rebates Save Residents Energy and Money
WAVERLY, Iowa (June 22, 2009) – The sun may soon translate into savings for residents in the Waverly Light and Power service area. Beginning July 1, Waverly Light and Power, a municipally owned utility which serves customers in and around Waverly, will offer Solar Water Heating System rebates to residents. Households that install these systems may be eligible for rebates ranging from $1,400 - $2,200, depending on the size of the system.
“These new rebate opportunities align with our commitment to renewable energy sources and energy efficiency,” said Diane Johnson, General Manager at Waverly Light and Power. “We are focused on promoting and using cleaner energy sources. These rebates encourage residents to do the same – and save money in the process.”
The cost of installation depends on the size and complexity of the system, as well as the number of occupants in the home. “The rebates, in conjunction with available federal tax incentives, make it an ideal time for residents to consider installing solar water heating systems,” said Gene Drape, Chairman of the Board of Trustees at Waverly Light and Power. “An average system installation costs between $7,000 and $13,000. Figure in a Waverly Light and Power rebate, federal tax incentives, and the long-term savings on your utility bill, and it’s a worthwhile investment.”
Residents must go through a pre-application process to obtain a rebate. Once the pre-application process is approved, and the system passes inspections, rebate amounts are based on the square footage of the solar panel system.
Residents must also obtain a building permit prior to installing a solar water heating system. Homeowners may choose any licensed, bonded contractor in Bremer County to perform the installation, which will be subject to an inspection by a county inspector. A separate inspection by Waverly Light and Power is also required as a safeguard in order for homeowners to qualify for the rebate. Rebates will be issued on a first come, first serve basis, and there is a limit of one rebate per address.
For more information about Waverly Light and Power and solar water heating system rebates, please visit our harnessing the sun section.
About Waverly Light and Power
Established in 1904, Waverly Light and Power is a municipally owned electric utility that now serves more than 4,600 customers in and around Waverly. In 1993, Waverly Light and Power became the first public power system in the Midwest to own and operate wind generation, positioning the utility as a national leader in renewable energy. Managed by a trusteeship, Waverly Light and Power is committed to energy efficiency, and is the recipient of numerous state and national awards, including the Reliable Public Power Award, the Iowa Energy Leadership Award, and multiple Energy Innovator Awards.
|
|
