IPL Flood Cash Rewards Increase
Alliant Energy increases energy-efficiency cash rewards to help flood-affected customers in Iowa
Flood-affected homeowners and business owners in Iowa may qualify for additional cash rewards on energy-efficient building materials and appliance purchases.
Equipment rewards for affected customers will increase by 50 percent through December 31, 2009.
Frequently Asked Questions:
Which customers qualify for the newly increased rewards?
IPL customers in Iowa that were affected by floods may qualify for the newly increased energy-efficiency cash rewards. The increased rewards may only be used to replace or rebuild flood-affected property. Rewards are available to all customer classes, including residential, small business, commercial/industrial and agricultural (ag).
How big is the reward increase?
For flood-affected customers in Iowa, IPL has increased the cash rewards by 50 percent on all building materials, measures and appliances, except compact fluorescent light bulbs. For example, the refrigerator cash reward for non-affected customers will remain at its original level of $50. The refrigerator reward for flood-affected customers will rise to $75 – which is a 50 percent increase.
How long will the increase last?
The increased energy-efficiency cash rewards for flood-affected customers became effective June 8, 2008 and will extend until December 31, 2009.
What measures qualify for the newly increased rewards?
Increased rewards are limited to equipment eligible for rewards at the time of the flooding event. Additionally, compact fluorescent light bulbs (CFLs) and insulation/sealing are excluded. All customer categories (residential, small business, commercial/industrial and ag) in Iowa IPL that were affected by floods may qualify.
Residential, nonresidential and agricultural prescriptive rewards:
New reward amount
- 50 percent increase over current reward level
- Example: water heater current reward = $50, new reward = $75
Eligibility
- Standard eligibility rules apply (primary requirement is IPL must provide fuel for equipment)
- Increased rewards apply to flood victims only.
Custom rebates and Performance Contracting programs
New reward ceiling
- Custom rebates increase cap by 50 percent from $500,000 to $750,000
- Performance Contracting increase risk premium cap by 50% form $375,000 to $562,500
Eligibility
- Increased rewards apply to flood victims only. Account Manager will determine victim status.
Commercial and industrial customers impacted by the flooding and making energy-efficient improvements should contact their account manager for assistance. In addition to cash rewards for business customers affected by the recent flooding, custom rebates may also be an option. Custom rebates are available for energy-saving projects that do not qualify for the standard equipment rewards.
For complete details on rewards available for energy saving products call 1-866-ALLIANT (1-866-255-4268) or visit the website at alliantenergy.com/rewards.
Why is IPL increasing energy-efficiency cash rewards for flood-affected customers?
IPL is committed to helping customers and communities rebuild. With historic flooding across much of the state, many customers have difficult and important spending decisions to make on energy, housing, transportation and other areas of their daily lives. IPL wants customers to make energy-efficient choices by selecting high-efficiency heating and cooling equipment, appliances and insulation that are best for them in the long term.
The rewards from IPL can help customers impacted by flooding buy a more efficient appliance or heating and cooling unit for about the same price as a less efficient one – saving money in lower operating costs for years to come.
How will IPL confirm that I am a flood-affected customer?
Flood-affected customers must provide one of the following when submitting a completed reward claim form to be eligible for the increased rewards:
- FEMA application or decision letter,
- letter explaining flood situation and signed by customer, or
- a flood-affected customer can work with their dealer who will qualify and identify customer as such on the rebate claim form.
Are there any rewards on building materials?
Building materials are NOT eligible for rebates.
Have new types of rewards been added, or is this simply an increase in the reward amount on current types of rewards?
These increased rewards apply to existing measures only.
The heating fuel type for most of Cedar Rapids is gas – does that mean most customers in Cedar Rapids will not be eligible for many of the rewards?
Customers are eligible only if IPL provides the primary fuel for the equipment. For instance, residential electric customers are eligible for rewards on the following pieces of equipment: refrigerators, freezers, clothes washers, light fixtures, ceiling fans, central air conditioning, room air conditioners, windows (if their home is air conditioned) and electric water heaters.
Electric only customers are not eligible for IPL rewards on natural gas furnaces, insulation or gas water heaters. In rare instances a customer may use an electric heat source for their home, in this case they are eligible for an insulation rewards.
Additional information:
9/26/08 news release – Alliant Energy extends deadline for increased rebates for flood-affected customers
2008 Increased Rewards for Flood-Affected Customers flier [PDF]