This is an excerpt from EERE Network News, a weekly electronic newsletter.

July 14, 2004

Californians Burn Through Energy Efficiency Rebate Funds

California homeowners are quick to take advantage of energy-saving rebate offers, as the state's major utilities are discovering this year. Pacific Gas and Electric Company (PG&E) has already stopped accepting applications for this year's residential energy efficiency rebates. The utility offered rebates for 30 types of energy efficiency products this year, and has already received 60,000 rebate applications. PG&E expects to deplete its $10.25 million in funds by the time it works through its current backlog of several thousand rebate applications. See the PG&E press release.

The state's two other large utilities are not far behind. San Diego Gas and Electric (SDG&E) has closed its rebates for appliances and water heaters and will close most other rebates for single-family residences on August 13th. It has also closed a number of its rebates for multifamily residences. Southern California Edison (SCE) was down to 5 percent of its funding for multifamily residences back in late May, and as of July 12th, had 38 percent of its funding for single-family residences. See the SDG&E and SCE residential rebate Web sites.