Nov. 15, 2010: Although the heating season is almost in full swing, there’s still time to make energy efficiency improvements to your home that could qualify for Federal Tax Credits that are set to expire at the end of 2010 and for Avista (NYSE: AVA) energy efficiency rebates.
Home energy audits are a good way to identify efficiency improvements that could impact your home’s energy use, saving money in the long run. Residents of Spokane County can sign up for a professional in-home energy audit offered by Avista in partnership with the Cities of Spokane and Spokane Valley, and Spokane County.
Funding for the program comes from federal funds each government entity received through the Washington Department of Commerce’s Energy Efficiency and Conservation Block Grant program. Avista is matching the funds as part of its ongoing energy efficiency initiative. Together, these funds will help offset a large portion of the cost for a professional home energy audit for qualifying residents of Spokane County.
Under the program, certified auditors will conduct a physical inspection of a home and its major appliances. The auditors will also perform a series of diagnostic tests to uncover ways homeowners can save energy. Windows, doors, insulation, furnace, ducts and vents will be checked as part of the comprehensive audit. Depending on the actions homeowners take, the benefits could include lower energy use, more comfortable living space, improved health and safety, and reduced greenhouse gas emissions.
The cost of the home energy audit depends upon a home’s location in Spokane County due to the various funding sources that have made this program possible. Residents can expect to pay between $99 and $325, an amount that’s 20 to 75 percent less than the typical comprehensive audit.
To help with the cost of making energy efficiency improvements to your home, Avista offers a number of rebates and incentives for customers that can be paired with federal tax credits. The tax credits are more restrictive that Avista rebates, so make sure to check on whether your planned project qualifies. Information on the Federal Tax Credit, set to expire at the end of 2010, is available at www.energystar.gov.
For information on Avista’s in-home energy audit, range of available energy efficiency rebates, plus low-cost, no-cost tips for managing energy use, visit www.everylittlebit.com.
Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is our operating division that provides electric service to 357,000 customers and natural gas to 316,000 customers. Our service territory covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.5 million. Avista's primary, non-regulated subsidiary is Advantage IQ. Our stock is traded under the ticker symbol "AVA." For more information about Avista, please visit www.avistacorp.com.
Avista Corp. and the Avista Corp. logo are trademarks of Avista Corporation.
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