State Rep. Joe Dorman files legislation providing tax incentives for use of KVAR Power Saving Device.
The KVAR reduces heat generation and amperage, resulting in reduced consumption of electricity, and costs around $600.
Dorman says it can save up to 50 percent on power bills.
“We need to look at investments that will cut down utility bills and save money for homeowners in the long run,” says Dorman. “I want Oklahoma to take the lead in energy efficiency and conservation programs.”
There are currently no tax incentives available for this device.