Implementing Sector: | Utility |
Category: | Financial Incentive |
State: | Kansas |
Incentive Type: | Loan Program |
Web Site: | https://www.mwenergy.com/environmental/energy-efficiency/howsmart |
Administrator: | Midwest Energy |
Utilities: | Midwest Energy Inc |
Eligible Efficiency Technologies: | Lighting, Heat pumps, Air conditioners, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Custom/Others pending approval, Other EE |
Maximum Loan: | not specified |
Loan Term: | Contact utility |
Midwest Energy offers its residential and small commercial electricity and natural gas customers in good standing a way to finance energy efficiency improvements on eligible properties. Under the How$mart on-bill financing program, the utility will pay the initial cost of making energy efficiency improvements, then recoup the cost of these improvements through a surcharge on the customer's bill. The surcharge is estimated to be less than the energy savings associated with the improvements. It allows customers to make efficiency improvements with no up-front costs.
In order to participate in the program, customers must first have an energy audit performed by a Midwest Energy specialist. The audit will identify cost-effective improvements which the customer may then have completed by a participating contractor. The audit will be free of charge if the customer participates in the program. Customers who elect not to participate may be charged for the audit.
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