There is still time to apply for last-minute savings on your commercial upgrades! Utility programs across the country are offering substantial savings on lighting, HVAC, and food service equipment. With deadlines fast approaching, here’s a breakdown of the remaining rebate opportunities and requirements for businesses to take advantage of before the year ends.

Nicor Gas: Rebates Available Through January 2025

Nicor Gas provides a variety of rebates for commercial clients aiming to improve energy efficiency. Eligible businesses have 90 days from the date of installation or until January 31, 2025—whichever comes first—to apply for these rebates. Some of the key incentives include:

• Space & Water Heating: Rebates range from $25 to $7,500, depending on the equipment.
• Steam Traps: Incentives range from $25 to $300.
• Boiler Tune-Ups: Rebates up to $500.
• Commercial Food Service Equipment: $25 to $1,000 per qualifying unit.

These rebates offer a valuable opportunity for businesses, especially in sectors requiring extensive heating and water usage, to save on essential energy upgrades. However, applications must be submitted promptly to meet Nicor’s rebate window.

CenterPoint Energy: December 31 Deadline

CenterPoint Energy has a straightforward rebate policy: all applications must be submitted within the same calendar year as installation, meaning the deadline is December 31, 2024. The utility company offers rebates across a range of equipment, including:

• Boiler Systems and Boiler Components
• Heating Systems
• Water Heaters
• Commercial Food Service Equipment

This broad program allows businesses in various industries, including hospitality, manufacturing, and healthcare, to receive rebates on critical heating and food service upgrades. Businesses planning to install new equipment should act quickly to ensure rebate eligibility by year’s end.

MidAmerican Energy: Range of Rebates on HVAC, Lighting, and More

MidAmerican Energy provides a comprehensive array of rebates covering HVAC systems, lighting, and water heating. Rebates must be applied for before December 31, 2024, and cover the following:

• Heating and Cooling Systems:
  • Air-source heat pumps: $150–$375 per unit
  • Small central air conditioners: $150–$300 per unit
  • Geothermal heat pumps: $900–$1,200 per unit
  • Natural gas furnaces: $1.80 per MBtuh
• Lighting:
  • LED linear replacement lamps: $1.50–$5 per unit
  • Interior and exterior lighting fixtures: $5–$400, depending on the type

These rebates target multiple high-consumption areas, making them ideal for businesses looking to improve overall energy efficiency and reduce operational costs.

Final Tips for Securing Utility Rebates in 2024

Outsourcing to a rebate management company can help you stay on top of application deadlines and expand your savings. Timely applications can lead to substantial financial savings while promoting sustainability through energy-efficient practices. Don’t miss out on these utility rebates—contact Incentive Rebate260 to learn more about the application process.