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Home My WebLink AboutITEM V FocusonEnergy_Presentation2023 FOCUS ON ENERGY RESIDENTIAL OFFERINGS Brady Steigauf–Community Liaison Manager •How does energy efficiency relate to sustainability? •How can Focus on Energy advance sustainability in Oshkosh? •Focus on Energy Resources •Focus on Energy Residential Programs & Incentives AGENDA HOW DOES ENERGY EFFICIENCY RELATE TO SUSTAINABILITY? WI ELECTRIC GENERATION SOURCES, 2017 WPS GENERATION MIX Source: WEC Energy Group 2020 Corporate Responsibility Report WPS Goal: Net-carbon zero by 2050 WISCONSIN ENERGY CONSUMPTION BY SECTOR ENERGY USE BY END-USE: US HOMES Main Takeaway: The biggest impact for your energy bills and the planet can be made by reducing heating and cooling energy used for your home and your water heater. HOW CAN FOCUS ON ENERGY SUPPORT YOUR SUSTAINABILITY GOALS? •Wisconsin utilities’ statewide program for energy efficiency and renewable energy •107 partnering utilities •Utility ratepayer funded •Provides financial incentives, education, information, and other resources to encourage participation that leads to increased energy savings and reduced utility bills WHAT IS FOCUS ON ENERGY®? RESOURCES WEBSITE BLOG YOUTUBE CHANNEL •Not as good as a professional, in-person home assessment, but an easy place to start •https://focusonenergy.com/h ome-assessment FREE ONLINE HOME ASSESSMENT TOOL FIND A TRADE ALLY (CONTRACTOR) TOOL RESIDENTIAL PROGRAMS & INCENTIVES RESIDENTIAL – INSULATION & AIR SEALING •Step 1: Consider an Energy Assessment •Cost: ~$300 -$600 •Benefits: Calculated energy savings for your home, contractor quotes, + higher Focus on Energy rebates •Incentive: Federal tax credit up to $150 •Step 2: Insulation & Air Sealing •Cost: ~$2,000 -$4,000 for the average home •Benefits: A more comfortable home, less noise, lower bills, less pollen and dust, humidity control, and fewer ice dams •Incentives: (next slide) INSULATION & AIR SEALING INSULATION & AIR SEALING INCENTIVES Potential Tax Credit! According to Rewiring America, insulation and air sealing may make you eligible for $1,200 in tax credits under 25C with an additional $150 tax credit for your energy audit. Source: Weatherization —Rewiring America HEATING & COOLING EQUIPMENT •Efficient equipment typically consumes 10—30% less fuel, is quieter, and maintains more consistent temperatures in the home. •When should you upgrade? •Your heating and cooling equipment is unreliable, inefficient, or over 15 years old. •You’ve noticed excessive blower noises, or sporadic pops, bangs, or rattles from your furnace. •Your energy bills have gone up. •Your home is cold and uncomfortable. •Things to consider: •Do both your AC and furnace need replacement? •Do you want to stick with natural gas or switch to a cold climate air source heat pump? HEATING AND COOLING HEATING & COOLING INCENTIVES *Also offer incentives for multifamily-only equipment and natural gas boilers. https://focusonenergy.com/residential/heating-and-cooling HEATING & COOLING INCENTIVES HEATING & COOLING INCENTIVES, CONTINUED •Example: Your refrigerator is a heat pump •Heat pumps can also heat/cool your home •There are several types: cold climate (up to -10°F), air source ducted and ductless, and geothermal •By transferring heat rather than producing new heat, they are 2.5 to 4.5 times more efficient than other heating and cooling system options. WHAT IS A HEAT PUMP? •Heat pumps could be a good fit for you if: •You have propane or electric resistance heat. •You don’t have AC but would like it or you need to replace your AC unit. •Both your furnace and AC need replacing at the same time, and you value going electric. •You have solar panels already, so your electric bills are low. WHEN DO HEAT PUMPS WORK WELL? Potential Tax Credit! According to Rewiring America, 25C provides households a 30 percent tax credit for heat pumps and heat pump water heaters, capped at $2,000 per year. 25C also includes a 30 percent tax credit up to $600 for an electrical panel upgrade, when in conjunction with another upgrade covered by 25C (like a heat pump). Source: Weatherization — Rewiring America WATER HEATING •Heating water accounts for 18% of home energy use on average – more than a refrigerator, dishwasher, clothes washer, and dryer combined. •Focus on Energy offers incentives for 3 types of water heaters •ENERGY STAR natural gas storage water heater •ENERGY STAR tankless “on demand” water heater •ENERGY STAR Electric heat pump water heater WATER HEATERS 101 •Natural gas storage tank water heaters •ENERGY STAR® storage models even use 9% less energy compared to standard natural gas storage water heaters. •Natural gas tankless water heaters •It’s important to get the right size, but since these super heat water only as needed they can be up to 34% more efficient. •Electric heat pump water heater •Use less than half the energy of standard electric storage water heater and could save a four-person household $330 per year in energy costs. Larger families may save even more! •Potential Tax Credit! According to Rewiring America, heat pump water heaters are eligible for the same 25C tax credit of 30% capped at $2,000 per year. BENEFITS OF GOING EFFICIENT •Using less of it! There are several products on Focus on Energy’s Online Marketplace to help you save money on water –and the energy used to heat it. OTHER WAYS TO SAVE ON HOT WATER SMART THERMOSTATS •Can save up to 10% on energy bills annually •Allows you to manage temperature remotely •Allows you to program it with time-of-use rates for deeper savings •Some can learn to use energy when the grid is cleaner •Focus on Energy offers $50 off qualifying smart thermostats SMART THERMOSTATS FREE ENERGY SAVING PACKS & ONLINE MARKETPLACE •Limit of one free pack per eligible household per year. https://focusonenergymarketplace.com/free/ FREE ENERGY SAVING PACKS •focusonenergymarketplace.com offers LED lights, smart thermostats, water savers, ENERGY STAR air filters, and advanced power strips ONLINE MARKETPLACE SOLAR REWARDS •Focus on Energy offers financial rebates to offset solar installation costs for your home: •Residential customers can receive up to $500. Potential Tax Credit! According to Rewiring America, 25D provides households an uncapped 30 percent tax credit for rooftop solar. In 2022, an average 6kW rooftop solar installationcosts is $15,300, thus the average tax credit will be around $4,600. RESIDENTIAL RENEWABLE INCENTIVES FEDERAL INFLATION REDUCTION ACT HOME ENERGY REBATES •The SEO was informed in January 2023 that it is eligible to receive the following estimated amounts in formula funding to implement the HER programs: •Section 50121 HOMES: $74,904,830 •All incomes eligible, based on home performance/savings •Section 50122 HEEHRA: $74,470,200 •Income-eligible, point-of-sale rebates •These rebates, once available, will last until September 30, 2031, while funds are available IRA REBATES OVERVIEW HERS REBATES Source: Public Service Commission of Wisconsin; Docket 5-FE-104 REF#462440; March 24, 2023 HOME ENERGY PERFORMANCE-BASED, WHOLE-HOUSE REBATES (HOMES) Source: Public Service Commission of Wisconsin; Docket 5-FE-104 REF#462440; March 24, 2023 HIGH EFFICIENCY ELECTRIC REBATE (HEERA) Source: Public Service Commission of Wisconsin; Docket 5-FE-104 REF#462440; March 24, 2023 CONTACT INFORMATION Brady Steigauf Community Liaison Manager Brady.steigauf@focusonenergy.com/