Millions Still Available To Reimburse REPs at Oncor, CenterPoint-TDU For Providing Smart Energy Devices To Low-Income Customers

Millions of dollars are still available for Texas retail electric providers to be reimbursed for providing no-cost programmable communicating thermostats and in-home displays to eligible low-income customers.

Under the program launched in January, for providing an eligible low-income customer with an eligible programmable communicating thermostat (PCT) or in-home display (IHD) at no cost to the customer, a TDU reimburses the REP for the cost of a device up to a cap of $250, with an additional 25% for administrative costs, for a total reimbursement cap of $300 per device. For PCTs only, an additional $125 is reimbursed to cover the cost of installation.

Oncor reported that it had $7.5 million remaining in the reimbursement fund as of the end of September (versus $8.5 million as of the end of May), having paid about $2.3 million to REPs through September

REPs have been reimbursed for providing 3,614 PCTs and 3,314 IHDs at Oncor through September 30.

CenterPoint Energy Houston Electric, LLC reported that it had $4.1 million remaining in the reimbursement fund as of September 30 (versus $5.8 million as of April 30), having paid about $2.7 million to REPs. REPs have been reimbursed for providing 3,522 PCTs and 1,862 IHDs at CenterPoint.