Alpine Bank pledges support for energy rebate program
Local energy efficiency rebate program Cen$ible Energy has received a four-year financial commitment from Alpine Bank in Steamboat Springs to help the residential and small business energy retrofit efforts continue through 2019.
The bank’s Environmental Loyalty Debit Card program will contribute up to $35,000 to Cen$ible Energy across four years to help meet the strong energy efficiency rebate demands by members of Yampa Valley Electric Association.
“This fits really well with our environmental mission at Alpine Bank,” Alpine Bank Steamboat President Adonna Allen said in a news release. “The Environmental Loyalty program has been in existence since 2005, and our environmental debit card is a popular choice locally.”
When a customer uses that card during the normal course of business, Alpine Bank donates 10 cents per transaction into our environmental loyalty fund.
Through the debit card program, Alpine Bank Steamboat has donated almost $34,000 to environmental nonprofit organizations in Routt County such Yampatika, Yampa Valley Sustainability Council and Community Agricultural Alliance.
Cen$ible Energy provides rebates to YVEA members for LED lights, EnergyStar appliances, programmable thermostats, half the cost of residential energy audits and air sealing after an audit. After the program kicked off in April 2015, YVEA customers received 284 rebates totaling $22,000 last year. Already in 2016, customers have received 257 rebates for $20,800.
In addition to assisting with lower utility bills, the program serves as economic stimulus to area vendors providing energy efficiency products and services. In 2015, more than $71,000 was spent at local vendors. Already in 2016, $68,200 has been spent with local vendors.
Yampa Valley Sustainability Council administers the Cen$ible Energy program through processing of rebates, education and outreach. The YVSC Energy Program receives generous support from the Jeff & Alissa Merage Foundation of Steamboat. Some financial support for Cen$ible Energy comes from Routt County.
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