By Anca Gagiuc, Associate Editor
Xcel Energy and CenterPoint Energy have joined forces and are rolling out a program designed with multifamily owners and tenants in mind. The two large electric and natural gas utilities intend to help their customers save money by streamlining and simplifying the process, thus creating a one-stop approach to energy savings.
The program—which opened on October 1—resulted from a decision by Minnesota’s Public Utilities Commission earlier this year. “Minnesota is a leader on energy issues because we are able to create smart policy that works for consumers and utilities alike,” said Ben Passer, a policy associate at Fresh Energy. “We advocated for this program because it will help save people money by reducing their energy bills, but also because it will make the process of finding that savings much simpler overall.”
The program’s energy saving measures have not been changed—new CFL light bulbs are still being installed, along with low flow shower heads and insulating water heaters—but the process was simplified. Building owners and tenants will have a single point of contact and more flexible financing options.
“This program will help make things much easier for building owners and tenants,” added Passer. “Any program that can help make housing options more affordable and energy efficient is win-win.”