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A savings program A savings program designed to assist low designed to assist low to moderate income to moderate income
families save toward an families save toward an energy efficiency goal.energy efficiency goal.
A goal set by the consumer A goal set by the consumer which will help them to which will help them to
save on their energy save on their energy consumption and energy consumption and energy
costs.costs.
Why is the Fuel Why is the Fuel Fund getting Fund getting involved with involved with
something of this something of this nature?nature?
To identify and enroll To identify and enroll vulnerable consumers in vulnerable consumers in
services that will enhance services that will enhance their ability to manage and their ability to manage and reduce their energy costs.reduce their energy costs.
Households that meet Households that meet the HEAP or Orange the HEAP or Orange
County Fuel Fund County Fuel Fund monthly income monthly income
guidelines.guidelines.
The program will allow low The program will allow low to middle income to middle income
consumers to save toward consumers to save toward a energy efficiency goal a energy efficiency goal
with matching incentives.with matching incentives.
Example 1:Example 1:1. Initial deposit = $50.001. Initial deposit = $50.002. Workshop initiatives = $50.002. Workshop initiatives = $50.00 (attend 3 = $150.00) (attend 3 = $150.00)3. Agreed deposit amount- 3. Agreed deposit amount- $5.00 x 78 weeks (18 month $5.00 x 78 weeks (18 month time frame) = $390.00 time frame) = $390.004. 1 to 1 match = $390.004. 1 to 1 match = $390.00 (up to the first $500.00) (up to the first $500.00)
Final amount in accountFinal amount in account$50.00$50.00
$150.00$150.00$390.00$390.00$390.00$390.00
$980.00$980.00 ((plus interest earned)plus interest earned)
Example 2:Example 2:1. Initial deposit = $50.001. Initial deposit = $50.002. Workshop initiatives = $50.002. Workshop initiatives = $50.00 (attend 3 = $150.00) (attend 3 = $150.00)3. Agreed deposit amount- 3. Agreed deposit amount- $10.00 x 78 weeks (18 month $10.00 x 78 weeks (18 month time frame) = $780.00 time frame) = $780.004. 1 to 1 match = $500.004. 1 to 1 match = $500.00 (up to the first $500.00) (up to the first $500.00)5. $.50 to $1 match = $140.00(after the 5. $.50 to $1 match = $140.00(after the first $500, ½ of $280.00 first $500, ½ of $280.00
Final Amount in ESAFinal Amount in ESA$50.00$50.00
$150.00$150.00$780.00$780.00$640.00$640.00
$1620.00 !!!$1620.00 !!!(plus any interest earned)(plus any interest earned)
Buy an Energy Star applianceBuy an Energy Star appliance
Pay toward winter heating Pay toward winter heating costscosts
Get an energy audit done in Get an energy audit done in your homeyour home
A new window air conditionerA new window air conditioner
Meet the income guidelinesMeet the income guidelines
ApplyApply
Agree to one to one counselingAgree to one to one counseling
Abide by the terms of the ESPAbide by the terms of the ESP
Attend 3 workshops (for which you will Attend 3 workshops (for which you will receive incentives for attendingreceive incentives for attending
Where can I find out Where can I find out more information more information and / or apply for and / or apply for
this program?this program?
Pat Fayo Pat Fayo
Energy Program ManagerEnergy Program Manager
(845) 457-4774(845) 457-4774
[email protected]@uwoc.org