Capital Clicks

MidAmerican Energy doubles some rebates

By: - July 2, 2020 3:31 pm

Smart thermostats are part of some energy efficiency programs. (Photo courtesy of U.S. Department of Energy)

MidAmerican Energy Co. will increase rebates for certain appliances and other equipment by 50%, the utility announced this week.

The extra cash will be offered to residential and small business customers in Iowa and Illinois through the end of the year. The program covers high-efficiency air conditioners, which now will qualify for a $750 rebate, up from $500. Smart thermostats will qualify for a $115 rebate, up from $75.

For small-business customers in Iowa and Illinois, rebates will rise for lighting, heating and cooling, ventilation, and commercial refrigeration, for example.

“We understand that people experiencing financial fallout from the pandemic may be holding off on needed home equipment purchases that will help them save energy now and money in the long run,” Tina Yoder, MidAmerican Energy director of energy efficiency, said in a statement. “These increased incentives will help our customers save money by lowering their monthly energy bills.”

MidAmerican will remain within its state-approved spending caps for the programs.

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