NYSEG RESIDENTIAL NATURAL GAS EQUIPMENT REBATES TO BE SUSPENDED MARCH 31
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Unprecedented Participation Led NYSEG to Achieve Program Target Months Ahead of Schedule
Rochester, NY, February 23, 2010 – NYSEG’s Residential Natural Gas Equipment Rebate program will meet its targeted savings goal 21 months early due to unprecedented customer participation. As a result, the rebate program will be suspended on March 31, pending the Public Service Commission’s (PSC) review of NYSEG’s request for additional funds to extend the program. The company will accept completed rebate applications postmarked by March 31, 2010.
“Based on savings targets and funding levels provided by the state, we anticipated offering rebates for more than two years,” said Mark Lynch, president of NYSEG and RG&E. “Thanks to the tremendous efforts of over 300 local contractors and unprecedented customer response, we exhausted our rebate funding in seven months and met the state mandated energy savings targets.”
The rebate program, targeting natural gas furnaces, water boilers and heaters, and related control equipment, began in July in accordance with an April 9, 2009 PSC order approving Energy Efficiency Portfolio Standard efficiency programs for natural gas utilities across the state.
Since the program’s inception in July, residential customers have saved 53,399 dekatherms of natural gas by installing more energy efficient natural gas equipment and related control equipment.
For additional information regarding rebate programs, customers should visit nyseg.com or call the NYSEG rebate hotline at 1.800.995.9525.