The current application timeframe for the SaveNow CPS Energy rebates concludes on Jan. 31, 2021. But will this program end once and for all after that date? Here’s what we know — and what you can do about it.
Since the COVID-19 pandemic began, federal funding has been urgently redirected toward getting the economy back up and running. As a result, you might be wondering whether other programs like the CPS Energy rebates will soon be on the chopping block.
Energy conservation funding through SaveNow has been available in San Antonio since 2016, with renewal dates in January every year. But there’s naturally some uncertainty as to whether it will be renewed once again in 2021.
It’s worth noting that the goals for the SaveNow program, which are outlined under the Save for Tomorrow Energy Plan (STEP), are close to being met. The primary goal under STEP is to reduce the growth in San Antonio’s demand for electricity by 771 megawatts by the year 2020. Well, we’re in 2020 now, and according to the most recent figures, that goal has reached 80% completion.
When evaluating that progress alongside the current health crisis and its economic impact, the question of whether CPS Energy rebates will go away in 2021 isn’t all that crazy.
However, the truth is that you never really know what’s up ahead. So, the best thing to do is avoid procrastinating and take advantage of energy rebates now, while they’re still available.
In 2020, homeowners can still receive money for upgrading the efficiency of their air conditioners and other household appliances. Here are a few suggestions for how you can get started.
To qualify for a CPS Energy rebate, you can purchase and install a new central air conditioner, ductless mini split system or central heat pump. The unit must have the following ratings:
CPS Energy will need to receive your completed application within 30 days of installation. Fill out the application form as soon as possible, following the handy checklist at the top of the form. Remember to include:
Send all the necessary documents via mail or email and you’ll be all set!
Through SaveNow, central AC units and central heat pumps may be eligible for a rebate between $90-$130 per ton. If you use window AC, each unit may be eligible for a $15-$25 rebate.
Let us help you upgrade your heating and cooling system and take advantage of CPS Energy rebates while you can. Learn more about AC replacement from Tiger Services today and give us a call.