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(a) The energy efficient rebate to an eligible homeowner for a newly constructed, eligible dwelling unit is the following amount according to the following rating assigned by a certificated energy rater in accordance with the Energy Rated Homes of Alaska program described in 15 AAC 155.510 - 15 AAC 155.560:
(1) $2,000 for a "five-star plus" energy rating; or
(2) $1,800 for a "five-star" energy rating.
(b) The rebate to an eligible homeowner for an existing eligible dwelling unit is equal to the lesser of:
(1) 50% of the energy efficiency improvement cost; or
(2) the following amounts:
(A) $2,000 for a five-step improvement;
(B) $1,750 for a four-step improvement;
(C) $1,500 for a three-step improvement;
(D) $1,250 for a two-step improvement; and
(E) $800 for a one-step improvement.
(c) For purposes of 15 AAC 155.330(b) , the number of steps that an improvement equals is the same as the number of energy efficiency rating increases resulting from the improvement.
(d) For eligible energy rating rebates, the rebate is an amount established by the Corporation for the type of energy rating done on an eligible dwelling unit on behalf of an eligible homeowner.
History: Eff. 5/7/93, Register 130
Authority: AS 18.56.088
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Last modified 7/05/2006