Incentives and Rebates
Virginia residents and businesses can offset energy-efficiency upgrade costs with federal, state, and provider incentives. To learn more about available incentives and rebates, visit www.energy.virginia.gov/connect/
Federal incentives may allow you to reduce federal income tax payments. Be sure to use up-to-date IRS forms for tax credits. An overview of federal energy tax credits for consumers for the 2023–2032 tax years is available from the U.S. Department of Energy.
The following information is drawn from third-party websites and has not been independently verified.
Appalachian Power – Business Energy Solutions
Appalachian Power offers cash incentives for energy efficiency improvements that, in addition to reliable electric service at a reasonable cost, can make your place of business comfortable, productive and safe. You can help your bottom-line while being an environmental leader with our energy saving tips and programs. Businesses can receive up to $100,000 each for lighting and non-lighting projects, for a total of $200,000.
Qualifications:
Most non-residential customers with facilities located within Appalachian Power’s Virginia service territory are eligible for the program. Projects or equipment modifications must not have received rebates from another Appalachian Power program.
How To Enroll:
To apply for this program, apply online. For questions or to learn more, call 1-833-402-2221 or email TakeChargeSavings@trccompanies.com.
Enrollment Period:
Ongoing.
Appalachian Power – Bring Your Own Thermostat (BYOT) Program
The BYOT program allows Appalachian Power to make brief changes to your central air-conditioner setting by a few degrees on a limited number of peak demand periods, which typically occur on the hottest days of summer. This helps reduce demand and stress on the electric grid while increasing service reliability. Enrolling provides your household the unique opportunity to earn money and promote energy efficiency and reliability for all Appalachian Power customers.
Qualifications:
To be eligible for this program you must be a residential Appalachian Power customer in Virginia, you need an approved smart thermostat that controls your working central air conditioning unit, and you must have a Wi-Fi network compatible with your smart thermostat.You will receive a one-time $50 e-gift card simply for enrolling, as well as another e-gift card for up to $25 at the end of each summer season ($5 per month for each month enrolled from May-September).
How To Enroll:
Choose your thermostat or shop for thermostats to get started on the enrollment application. Consult the program website for more information.
Enrollment Period:
Ongoing.