Inter-County Energy Cooperative offers several energy efficiency and demand-side management programs for residential customers. Incentives are available for heat pumps (including geothermal, air source, and mini-split heat pumps), weatherization (including caulking and improved window and door seals), HVAC duct sealing, and electric thermal storage usage. See the program web site for equipment requirements and application information. Inter-County Energy also offers free audits for residential members.
Inter-County Energy Cooperative offers loans for members that install Electric Thermal Storage units, geothermal and air-to-air heat pump heating and cooling equipment in their homes. Loans are limited to $15,000 a 6 year term. The interest rate is fixed at 3%. Use the contact below for more information.
In August 2007 Kentucky established the ''Incentives for Energy Independence Act'' to promote the development of renewable energy and alternative fuel facilities, energy efficient buildings, alternative fuel vehicles, research and development activities and other energy initiatives. For renewable energy facilities, the bill provides incentives to companies that build or renovate facilities that utilize renewable energy, which may include:
The Greater Cincinnati Energy Alliance provides rebate incentives for homeowners in Hamilton, Boone, Kenton, and Campbell counties. To qualify for rebates, homeowners must receive a [http://www.greatercea.org/residential-energy-efficiency Home Performance with Energy Star energy assessment], which is provided at a discount price through Greater Cincinnati Energy Alliance.
The Greater Cincinnati Energy Alliance provides loans for single family residencies and owner occupied duplexes in Hamilton county in Ohio and Boone, Kenton, and Campbell counties in Kentucky. To qualify for loans, homeowners must receive a [http://www.greatercea.org/residential-energy-efficiency Home Performance with Energy Star energy assessment], which is provided at a discount price through Greater Cincinnati Energy Alliance.
Grayson Rural Electric Cooperative provides rebates to its customers for increasing their energy efficiency. Members who make improvements based on recommendations by the utility's energy advisor can receive $40 for every 1,000 BTUs saved. Rebates are also available for the purchase of energy efficient heat pumps.
Kentucky's forests are managed by the State Energy and Environment Cabinet, Department of Natural Resources, Division of Forestry. In 2010 the Division completed its Statewide Assessment of Forest Resources and Strategy:
The Farmers Rural Electric Cooperative (RECC) Button-Up Program provides free energy audits and rebates for insulation upgrades to its residential customers. Farmers RECC's energy advisor will visit the customer's home, conduct an energy audit, and calculate the heat gain/heat loss for the home. If needed, customers can then receive up to $200 to increase the amount of insulation in eligible homes. Farmers RECC does not install the insulation for the customer, but they can recommend various contractors that can be hired to install the insulation.
Qualified ethanol producers are eligible for an income tax credit of $1 per gallon of corn- or cellulosic-based ethanol that meets ASTM standard D4806. The total credit amount available for all corn and cellulosic ethanol producers is $5 million for each taxable year. Unused ethanol credits from one ethanol-based cap, such as corn, may be applied to another ethanol-based cap, such as cellulosic, in the same taxable year. Unused credits may not be carried forward.
The Kentucky Enterprise Fund (KEF) is a state-sponsored, venture capital-like fund that invests in Kentucky-based seed and early stage technology companies. KEF supports the development of entrepreneurial technology companies in Kentucky, stimulates private investment in these companies, and spurs economic growth.