Energy Consumption Tax Credit
Frankfort, KY – Although energy costs are expected to be lower this winter, high unemployment and the recession will likely mean more households struggling to pay to heat their homes. The state government is offering a tax credit up to 15-hundred dollars to make energy-efficient improvements. Kentucky Public Service Commission Andrew Melnykovich recommends weatherization.
"Replacing worn weather stripping, adding insulation those sorts of things are definitely good steps to take toward reducing energy consumption."
For households that may struggle with their utility bills this winter, the P-S-C also advises budget-billing. While it doesn't decrease energy costs, there are no fluctuations from one bill to the next. In addition, several community action agencies in Kentucky have begun taking applications for federal help under the low-income home energy assistance program.