- 4 - People's undertook the following programs to comply with FEECA: (1) SINGLE FAMILY RESIDENTIAL HOME BUILDER PROGRAM.--Under this program, which was designed to increase the number of gas customers in the new residential construction market, People's paid builders to install gas appliances in new residential developments. For the respective taxable years in issue, expenditures for this program were $165,077, $155,636, $198,027, $232,213, $829,481, $1,915,006, and $2,824,892. (2) RESIDENTIAL CONSERVATION SERVICE PROGRAM.-- Under this program, which was designed to help existing residential customers reduce energy consumption, People's paid contractors to perform energy efficiency audits and recommend energy saving steps. Expenditures for this program were $20,131 in 1988 and $4,974 in 1989. (3) REPLACEMENT OF OIL HEATING PROGRAM.--Under this program, which was targeted at customers mainly interested in converting oil heat to gas heat, People's paid for part of the cost of installing gas appliances. For the respective taxable years in issue, expenditures for this program were $179,788, $102,230, $81,036, $92,772, $72,360, $64,756, and $51,810. (4) APPLIANCE ENERGY SAVINGS PAYBACK PROGRAM.-- Under this program, which was designed to encourage gas customers to replace existing gas appliances with new, more energy-efficient appliances, People's generally subsidized the purchase of new, more energy-efficient models. For the respective taxable years in issue, expenditures for this program were $171,339, $152,505, $219,728, $160,032, $151,424, $387,110, and $386,070. (5) COGENERATION PROMOTION AND FEASIBILITY AUDIT PROGRAM.--Under this program, which was designed to encourage industrial, commercial, and institutional users to generate electricity on-site using natural gas fired generators, People's provided free feasibility audits to customers considering installing cogeneration facilities. Expenditures for this program totaled $118 in 1989 and $12,500 in 1992.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Next
Last modified: May 25, 2011