Snapshot: The Home Energy Rebate Program

A new analysis by Scott Goldsmith and Sohrab Pathan at the Institute of Social and Economic Research and Nathan Wiltse at the Cold Climate Housing Research Center looks at broad effects of the state Home Energy Rebate Program so far. That program rebates homeowners part of what they spend to make their houses more energy-efficient and less expensive to heat. The analysis was done for the Alaska Housing Finance Corporation, which administers the program.

The researchers found, among other things, that the roughly 16,500 Alaska homeowners who have been through the program since 2008 are saving an estimated average of 26% on their heating bills, and that every $1 million in state spending for the program creates 12 Alaska jobs.

Download the full analysis (2.8MB).

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