She has no choice but turn over her rebates so she can pay off that loan. So when her rebate checks arrive, Linda is locked in. Instead, they had her sign on the dotted line of a loan agreement. Linda's company told her it didn't need her to pay any money up front. Next, we found contractors making up their own rules to get their hands on your rebate money. So they pocket the difference and turn a huge profit. You don't know how much the job really costs. All MF properties with five or more units can get incentives for saving gas through energy-efficiency upgrades, including: Insulation. They jack up their prices to $.70 a square foot, which happens to be the exact amount of your rebate. Rocky Mountain Power - Residential Energy Efficiency Rebate Program. So here's what some contractors are up to. There are many tax incentives and rebates. We called around and discovered pretty fast, insulation can cost a lot less than $.70 a square foot. But when giant utility companies are willing to pay the $.70, it's hard to resist. The city of Aurora is offering several renewable energy and energy efficiency and conservation incentives for Aurora businesses and homeowners. Contractors know they can install insulation for less than $.70 a square foot. So what's really happening? The utilities offer $.70 a square foot for new attic insulation. The zero dollar price tag is not the result of generous contractors, but the generous utility companies. Customers are supposed to collect bids, pay to have the insulation installed, mail in the rebate forms and wait for the reimbursement checks to arrive.Īccording to the salesman, "The way we've structured this makes it an easy deal for the homeowner where it ends up netting out at zero for you." The program has been set up to run a certain way. After all, a part of every utility bill pays for them. The Questar Gas and Rocky Mountain Power rebate programs are meant to benefit the customers of both companies. The problem? We discovered those rebates are ending up in the wrong hands. It doesn't matter where you live or how much you earn, you could qualify for better attic insulation, for free, thanks to the utility company rebates. The money comes from a couple of rebate funds set up by Questar Gas and Rocky Mountain Power. Produced by Kelly JustCan you make your house more energy efficient and get paid to do it? It's no joke. Some electricity providers offer rebates on energy-efficiency upgrades, including LED lighting, heat pumps, solar water heaters, insulation, new windows and. Reading or replaying the story in its archived form does not constitute a republication of the story. Information in the story may be outdated or superseded by additional information. This archived news story is available only for your personal, non-commercial use.
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