Adopting sustainable measures and improving energy efficiency has been a growing trend amongst businesses of all industries. Not only does it help reduce costs and energy usage, but it helps position them as socially and environmentally conscious. One of the key ways to improve energy efficiency is by upgrading the equipment and infrastructure within commercial and industrial facilities. This can come at a high upfront cost, but with financial incentives, businesses can maximize their savings and increase their return on investment. In this blog, we will guide you through the various ways you can find programs that will grant you financial rebates for energy projects!
DSIRE Database
One of the most comprehensive tools for discovering commercial rebates is the DSIRE database (Database of State Incentives for Renewables & Efficiency). This database provides details on energy efficiency programs across the country from local and utility levels all the way to federal. This database even includes prospective legislation being put into action in each state.
When using DSIRE, you can filter what you are searching for by location, sector and technology. Searches include HVAC, lighting and other renewable energy technology, like solar panels. This database will guide you to the programs that fit your needs. It is a valuable resource for businesses and property owners looking to find new ways to cut costs.
Contact Local Utility Companies
Many utility providers offer commercial rebates to promote energy efficiency. These programs are often designed to reduce the strain on the grid while encouraging businesses to invest in energy-saving equipment and technologies. By contacting your local utility company, you can learn about the specific rebates available in your area.
Local utility providers promote many different ways for their customers to save money on their utilities and cut down on energy usage. Whether it be discounted rates during off-peak hours, or rebates on new equipment. Utility companies are constantly offering financial incentives to retrofit buildings technology, such as HVAC, water heaters, LED lighting and more. Reducing upfront costs will make it easier for businesses to reach their energy savings goals.
For example, ConEdison is offering a range of rebates through its Commercial and Industrial Program, which offers rebates on commercial property needs. Furthermore, they are offering bonus incentives of up to 30% for projects that incorporate heating electrification and building envelope improvements.
Businesses can even find rebates tailored to their industry, for example grocery stores or restaurants can find discounts on kitchen appliances and other refrigeration equipment. Rhode Island Energy has numerous programs for food service businesses such as the Serve Up Savings program and Energy Smart Grocer program. Plus, instant rebates for cold equipment storage and ultra-low temperature freezers. Those freezers are valuable to the healthcare industry for vaccine storage.
Many organizations lack the time and manpower needed to find, apply, and manage a successful commercial rebate recovery program. But not to worry, that is where Incentive Rebate360 comes into the picture. Learn more about our Rebate Recover Process and then schedule a call with one of our commercial rebate specialists.
State or City Programs
Cities and states offer their own individual programs to assist businesses and property owners in their sustainability strategies. These programs can vary by project, building type, and sector which help make energy upgrades or retrofits more affordable.
Colorado invested in their businesses with the Heritage Energy Approach. It offered historic buildings grants to upgrade their energy-efficiency measures without diminishing their unique qualities. Grants like these help modernize older buildings while preserving their historic heritage. Communities can take advantage of these rebates to improve and future-proof their neighborhoods.
Small businesses in Pennsylvania have the opportunity to apply for the Department of Environmental Protection’s Small Business Advantage Grant. This grant offers up to 80% of project costs for energy efficiency improvements and up to $12,000 in funding for projects in Environmental Justice Areas.
Connect with Rebate Management Experts: Incentive Rebate360
Navigating financial rebates can require a lot of time and resources. From finding the rebate to managing the requirements and deadlines, then ensuring payout can be a complex process. Rebate management experts like Incentive Rebate360 can streamline the process and help secure the best rebates for your projects. With our deep understanding of financial incentives, we can utilize utility, state and federal rebates to your advantage for the maximum amount of savings.
Through our partnership with other companies, like Action Services Group, Incentive Rebate360 can help you save money, conserve energy and make the project process more efficient.
Commercial Rebate Management with Incentive Rebate360
Using financial rebates in your energy efficiency projects can make a huge impact on your bottom line. Resources like the DSIRE database, and local utilities and governments, provide ways to save and you can maximize these savings by leveraging Incentive Rebate360 for assistance.
Whether its smaller projects like retrofitting to LEDs or large-scale projects like HVAC or renewable technology, financial incentives provide the means for a business to improve their ROI and position themselves and a sustainable company.
Reach out to Incentive Reabte360 today to find out the ways you can save. Contact us at by calling 480-653-8180, emailing [email protected], or scheduling a call that fits your needs by clicking the button below!
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