Rebates & Incentives

Multifamily

Ways to Save

Multifamily

Questions?

Austin Energy,

Customer Energy Solutions,

4815 Mueller Blvd.

Austin, TX 78723-3573

  Customer Energy Solutions

  512-482-5346

  512-972-8350


Save Money & Energy

Saving energy and money go hand-in-hand. We can all contribute to reducing Austin’s energy demand by making simple lifestyle changes and energy-efficient home improvements. When demand decreases, we all save. Austin Energy is committed to helping our customers achieve the greatest savings possible.

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Power Partner℠ Thermostats

Owners and managers of multifamily properties can earn a $150 rebate for each Austin Energy-approved, connected thermostat installed within your community, when done in conjunction with Austin Energy’s HVAC Tune-up offering. Delight your residents with the convenience and functionality of this cutting-edge, community energy-saving amenity.

  • Description
  • Incentive
  • Eligibility
  • How to Apply

Power Partner and Energy Efficiency

Austin Energy will pay property owners or managers a $150 rebate for each qualifying thermostat you install in your multifamily community when your property participates in our HVAC Tune-up offering*.

Benefits to Property Owners and Managers

  • The state-of-the-art, two-way connected thermostats are market tested, and some models do not require batteries, meaning less maintenance for you.
  • As a multifamily manager, some connected thermostats allow you to monitor and control the temperature of multiple vacant units/locations from the thermostat manufacturer’s online portal. You can easily set the thermostat to away/off settings and then reset the thermostat remotely for walk-throughs with potential residents. 
  • Offering the latest smart thermostat technology makes your community more attractive to the growing number of eco-friendly, tech-savvy potential residents. 

Benefits to Tenants

  • Offering smart thermostats allows your residents to remotely access and control their thermostats and heating/cooling systems anytime, anywhere using their smart devices and computers. 
  • These thermostats can optimize residents’ energy use to potentially increase energy efficiency within their units.
  • Austin Energy also offers bill credits to your residents if they enroll in Power Partner.

Residents are not required to sign up for the Power Partner program for you to receive your property’s $150 thermostat rebate.

*For more information on Austin Energy’s HVAC Tune-up offering, please email Multifamily Rebates.

Eligible Connected Thermostats

Vendor Thermostat Models How to Enroll
ecobee ecobee, ecobee 3 lite, ecobee 4, ecobee Smart Si, Ecobee SmartThermostat with voice control Enroll with ecobee (pdf)
Honeywell Home T5+ Smart Thermostat, T6 Pro Smart Thermostat Enroll with Honeywell Home
Nest

Nest Thermostat E

Enroll with Nest

Rebate ranges from $130 to $180 per thermostat, dependent on scope of work requirements. 

Increased rebates are available for properties that pursue bundled projects (three or more measures installed) or meet eligibility for the Multifamily Income Qualified program. 

Download the Multifamily Program Rebate Summary (pdf) for details

Program Requirements

Specific Requirements

  • Your multifamily property must participate in Austin Energy's HVAC Tune-up offering.
  • Thermostats installed must be eligible for Power Partner.
  • Master metered communities that participate in the HVAC Tune-Up offering may qualify for a $150 rebate for each qualifying smart thermostat. However, its residents do not qualify for the Power Partner enrollment incentive.

You must use an Austin Energy-approved, connected thermostat:

Vendor Thermostat Models How to Enroll
ecobee ecobee, ecobee 3 lite, ecobee 4, ecobee Smart Si, Ecobee SmartThermostat with voice control Enroll with ecobee (pdf)
Honeywell Home T5+ Smart Thermostat, T6 Pro Smart Thermostat Enroll with Honeywell Home
Nest

Nest Thermostat E

Enroll with Nest

Comply with ECAD to Qualify for Rebate

If your multifamily property is 10 years or older and located within the Austin city limits, you must be in compliance with the Energy Conservation Audit and Disclosure (ECAD) ordinance before receiving a rebate check. ECAD promotes energy efficiency by identifying potential energy savings for your property.

Properties that have not completed an ECAD audit are eligible to receive a rebate (capped at $2,500) to cover the audit cost. Get ECAD audit rebate details

Getting Started

Provide your contact information. We have streamlined our process to get you started quickly!

Application

  • An Austin Energy representative will contact you to collect information about your multifamily community and determine rebate eligibility.
  • We will provide trained staff to help complete and submit the application.

Interested?

We need to assess your property or multifamily community to determine rebate eligibility.

Get Started

  • Once your application has been accepted, a participating contractor will schedule a site visit to develop and review the scope of work with you.

Installation

  • Austin Energy will issue a Letter of Intent (LOI) and the participating contractor will have 120  days to complete the installation.
  • Austin Energy staff will conduct real time inspections to keep the project on time and ensure a quality project.

Final Inspection

  • An Austin Energy Program Coordinator will schedule a final inspection with the property manager or owner to confirm that all work was performed to expectations.
  • The rebate will be paid to the contractor if authorized by the account holder.

Contact Austin Energy for More Information

Call 512-482-5346 or email Multifamily Rebates if you have any questions about our rebates.

Disclaimer

Funding is limited and available only to Austin Energy customers on a first-come, first-served basis. Offerings are subject to change without notice.

Date last reviewed or modified: 10/02/2024