PSE Encourages Residential Customers to Take Advantage of up to $8,000 in Combined Utility Rebates and Federal Tax Credits to Make Energy Efficient Home Improvements

April 15, 2009

To Help Support Green Jobs, Bolster the Economy and Save Energy and the Environment BELLEVUE, Wash.--(BUSINESS WIRE)--Puget Sound Energy is encouraging residential customers to take advantage of up to $8,000 in combined utility rebates and potential federal tax credits to make energy efficient home improvements this year that will help support green jobs and could pay for themselves by next year with energy savings that will continue for years to come. "If PSE residential customers are considering upgrading windows, doors, insulation or heating equipment, 2009 is the year to do it," said Cal Shirley, vice president of Energy Efficiency Services for PSE. "They'll get PSE rebates right away, may be able to claim a tax credit on next year's return and will enjoy lower annual utility costs for years to come. With all these savings combined, investments that also improve home values could pay for themselves by next April and at the same time support local green jobs, bolster the economy and protect the environment." The recent stimulus bill extends energy efficiency federal tax credits into 2010 and increases the maximum dollar amount allowed to $1,500. In addition, PSE customers can take advantage of PSE rebates and incentives totaling as much as $6,500 for energy efficiency home improvements, including the purchase of ENERGY STAR(R) rated appliances or equipment and converting from electric to natural gas home and water heating.

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