MidAmerican Energy raising rebates for Iowa, Illinois customers

DES MOINES, Iowa- MidAmerican Energy Company is raising rebates for select, high-efficiency equipment by 50%, for residential and small business customers in Iowa and Illinois.

The increased residential customer rebates apply to high-efficiency air conditioners, high-efficiency heat pumps and smart thermostats. A residential customer purchasing a high-efficiency air conditioner now qualifies for up to a $750 rebate, which is up from $500. A residential customer who purchases a smart thermostat qualifies for a $115 rebate, which is up from the previous $75 amount. The purchases must be made before the end of 2020.

MidAmerican is increasing rebates for small business customers for lighting; heating, ventilation and cooling; commercial refrigeration and compressed air measures.

“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. “These increased incentives will help our customers save money by lowering their monthly energy bills.”

(Photo from Lennox Corporation Facebook)