Utility Incentive
UTILITY REBATES AND INCENTIVE PROGRAMS
Reducing energy costs through energy efficiency and demand response programs is good for both Federal facilities and utilities. Utilities benefit from reducing energy consumption demand at peak times because there is less need to add additional capacity through costly construction projects. Also, as more utilities are faced with competition, responding to customer requests with energy service programs increases their chances of retaining large accounts.
Sample Incentive Programs
In Texas, several utilities offer energy efficiency incentive programs, demand response options, and more. For example:
- Austin Energy offers a Commercial Rebate Program that covers air conditioning, lighting, roofs, chillers, and much more.
- CenterPoint Energy’s program for commercial and industrial customers pays incentives for demand and energy savings from efficiency projects based on the savings in peak demand.
- Other utility programs offer solar hot water and photovoltaic rebates, residential energy efficiency rebates, and more.
National Grid, in partnership with other utilities and statewide programs offer rebates in New York, Massachusetts, Rhode Island, New Hampshire and other areas. These include:
- The Cool Choice program provides rebates for highefficiency HVAC equipment.
- The Large Business Program offers rebates for energyefficient lighting, HVAC equipment and more. The program also offers technical assistance to help identify, implement, and evaluate opportunities. Competitive financing for efficiency projects is also available.
- The Small Business Program pays 80 percent of the installation cost for small business energy saving improvement projects.
The New York State Energy Research and Development Authority (NYSERDA) funds energy efficiency and load management programs. These programs include:
- Tier 3 of the Enhanced Commercial/Industrial Performance Program is a standard performance contracting program offering incentives to energy service companies that install cost-effective efficiency measures.
- Tier 1 of the same program provides incentives to offset up to $10,000 of the incremental cost of energyefficient electrical equipment in small renovations and equipment replacement projects.
- The New York Independent System Operator (NYISO) program offers three demand response programs, including the Emergency Demand Response Program to voluntarily reduce consumption and/or operate on-site generation during periods of electricity reserve shortage in New York.
Utilities may also help arrange third party financing for the capital costs of a project. In this scenario, the customer pays off the loan to the financial institution from the energy and cost savings that are produced by the project. The net cost to the Federal agency remains minimal and the agency saves time and resources by using the comprehensive services provided by the utility
DIRECTORY OF ENERGY EFFICIENCY PROGRAMS
Please find more at DIRECTORY OF ENERGY EFFICIENCY PROGRAMS BGE Custom Incentive Application