Energy Efficiency Incentives: A Simple Road Map

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Navigating Electric Utility Provider Energy Efficiency Incentive Programs A Simple Road Map

description

a simple presentation walking you through the processes and pitfalls of securing cash electric utility provider incentives and rebates for installing energy conservation measures in your commercial building or government/educational facility.

Transcript of Energy Efficiency Incentives: A Simple Road Map

Page 1: Energy Efficiency Incentives: A Simple Road Map

Navigating Electric Utility Provider Energy Efficiency

Incentive ProgramsA Simple Road Map

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Searching for additional funding

for an energy efficiency project?

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Utility Incentive Programs

MAY be the answer to

your funding problems

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In 2008, there was approximately $3.1 billion in total U.S. dollars for energy efficiency programs.

The figures are expected to more than double in coming years, with $7.4 billion to $12.4 billion available by 2020.http://www.greentechmedia.com/articles/read/A-Boom-in-Utility-Rebates-Drives-LED-Lighting

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Where to start?

Sounds good, right?

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There are 1136 Energy

Efficiency Incentive Programs available

nationwide in 2014

http://www.dsireusa.org/summarytables/finee.cfm

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Research the programs

available in your area

Programs constantly change and have numerous energy efficiency

measures available for projects in all shapes and sizes

http://www.dsireusa.org

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Where do the funds come

from for these

incentive programs?

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Electric utility companies CHARGE A FEE on power bills to

fund Energy Efficiency Programs. In Texas, its called Energy Efficiency

Cost Recovery Factor

In other words, YOU ARE PAYING FOR SOMEONE

ELSE to implement energy efficiency measures if you don’t take advantage of the incentive programs.

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Do ALL utilities have incentive programs for

EVERY measure you want to install?

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What Energy Efficiency Measures Qualify?

Qualifying Energy Conservation Measures (ECM) depend on:

- the area of the country

- new technologies

- utility savings goals

- success of prior programs

- fuel sources

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How much of the total project

material costs do incentives

pay?

Sorry to be so evasive but.... …the answer truly depends on the program goals, the installed

measures, and the project scope. Some programs pay for everything up to100%, others pay nominal costs (between 20%-30%). Researching

your options is the key.

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What energy conservation measures generally qualify?*

* not all equipment will qualify. Check with your local utility provider for incentive program fine print details

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HVAC

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Replacing old chillers can

yield tremendous

energy efficiency

results and BIG CASH

incentives

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Onsite Renewable

Energy

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Lighting

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More measures

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Even More measures

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We have the project course

plotted

Can We Start Yet?

a few words of caution first....

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AVOID the PITFALLS

Watch your step throughout

Tiny mistakes may create

LARGE problems

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FIVECommon Pitfalls

1) Non-Approved Products

2) Calculation Errors

3) Starting BEFORE Receiving WRITTEN Approval

4) Reading the Fine Print

5) No Funds Available

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1) Common Required Certifications for Products

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2) Calculation errors happen

often....

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3)False starts will usually get you

disqualified

It’s best not to start removing old equipment UNTIL you have WRITTEN

confirmation of reservation of funds from the program

administrator.

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4) NOT Reading the

fine print of your supply

contract

Make sure your company is the one receiving the incentive check. Some

suppliers have been known to hide the details of where the incentive money goes.

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...And most importantly!

#5

Is there FUNDING still available in the

program?

Resources are ALWAYS limited!

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Pre-Inspection complete Confirmation received

Funds reserved Workers Ready

NOW we are ready to GO!

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Put your installation

team to work

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Navigate the project to

completion

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Stay on Target

Almost there!

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DOTDOT the i’s &

CROSSCROSS the T’s

Submit your completion documents

then.... Wait for the final

inspection (if required).

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Last Step.....APPROV

AL RECEIVE

D

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It’s OVER ,except for......

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.....the waiting

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Finally!

Reward for all of your hard work. The BIG check!

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Please let us know if you have any

questions or need a guide for your

journey