Ameren Missouri electric has announced 26 programmes, bolstered by $120 million in incentives and rebates designed to help customers reduce energy usage, and cut down their bills.
“The power to control energy use is as easy as the flip of a switch or the turn of a dial,” said Michael Moehn, president of Ameren Missouri.
“Every one of our customers has multiple opportunities to save. This is the broadest, most comprehensive energy savings programme in the state.”
The 26 energy-efficiency programmes will benefit both residential and business customers, and include 15 all-new programmes.
The utility has also announced $50 million allocated for income-eligible customers and social services agencies.
“Reducing customers’ energy costs can help ease financial stress, keep homes more comfortable, and allow social service agencies to devote a larger amount of their resources to the great work they’re doing to improve our community,” said Matt Forck, assistant vice president of community, economic development and energy solutions at Ameren Missouri.
One of the programmes, Peak Time Savings, offers customers a $50 sign-up bonus, and a $25 cheque each summer for participating in the scheme, whilst others encourage the purchase of new energy-efficient equipment.
“Being more efficient with energy use is good for our environment. The total reduction in carbon emissions from targeted energy savings is the equivalent of removing 126,500 cars from the road and will help achieve our goal of reducing carbon emissions by 80 percent by 2050,” Moehn said.
Ameren Missouri expects to invest $226 million over the life of the energy efficiency programmes, which in turn would provide $592 million in benefits for customers.
The income-eligible and social service agency programmes will be available through December 2024.
All other programmes will be available through December 2021.
In addition to new energy efficiency programmes to help customers save, the power company recently announced Smart Energy Plan, which includes a freeze on base electric rates until April 2020 and rate caps to limit the size of any future rate increases.