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The company has put aside $1.5 million for the rebate program, which would allow for up to a $500 rebate per unit if done through an APS-qualified contractor.
The move is part of a larger effort by the Phoenix-based utility to move customers toward more energy efficiency. Officials said homeowners who replace units installed in the late 1970s or early 1980s could reduce the heating and cooling portion of their electric bill by up to 50 percent.
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