Government incentives, tax breaks, utility credits, rebates and incentives can disappear quickly and be elusive.EnviroProfit ensures that your business stays current on all benefits available in your ongoing purchasing, operations and capital projects.
Applying for Utility Rebates is one of the easiest decisions you can make when installing energy-efficient equipment. Utility rebate programs differ, but in general they offer an excellent way to reap the rewards for making energy-efficient upgrades to the equipment in your facility. Whether you are purchasing all new equipment for your business, making upgrades to your current facility, or replacing equipment that’s reached the end of its useful life, your utility is offering to help save you money on your utility bills and help you become a sustainable operator. The net effect of the utility rebates is clearly reflected in the financial impact it has on your bottom line as we detail in our NPV, IRR, Payback, and ROI calculations. The incentives are clearly present to your bottom line with some utilities offering up to 40% on both product and labor costs for qualified projects.
The process for applying for rebates from your local utility is rather straightforward. The steps are simple yet involve a managed process due to specific terms and conditions specified by your utility operator. These steps typically involve the application process, utility inspections (pre and post), tech specs, and the purchasing of approved products. These phases, in combination with our audit of the energy saving alternatives at your facility, will provide you with the financial incentives and the assurances that validates the measures undertaken in an objective manner. We will work with you and your specific utility to help provide you with the energy audits, metered analysis, and benchmark analysis required to guaranty that this process will remain a sustainable and repeatable process for your business for years to come.
Incentives are available for the following energy-efficient equipment:
- T5 and T8 florescent fixtures
- Induction technology based fixtures
- High-performance, hardwired compact fluorescent fixtures
- Daylight controls
- Automatic dimming/occupancy sensors
- LED lighting
- Natural gas furnaces and unit heaters
- Natural gas boilers
- Natural gas radiant heaters
- Boiler reset controls
- Rooftop or split-system air conditioning equipment
- Energy management systems
- Premium motors
- Variable speed drives
- CO2 controls
- Occupancy-based HVAC controls
- Programmable thermostats
- Differential enthalpy economizer controls
- Ammonia refrigeration systems
- Mechanical sub-coolers
- Evaporator controls
- Oversized condensers
- High-speed cooler/freezer doors
- Electronically commutated motors (ECMs)
Energy-Efficient Water Heating
- Natural gas indirect water heaters
- Natural gas on-demand tankless water heaters
Energy-Efficient Process-Related Equipment
- Premium motors
- Variable speed drives
- Infrared heaters and gas-fired ovens
- Commercial kitchen cooking equipment, including exhaust hoods, ranges and ovens
- Air compressors and related system components
- Process chillers
- Material handling equipment (conveyor belt systems and screw-feed devices)
There are many programs and incentives today designed to help you make environmentally sensible decisions. One of the areas with the most hidden EnviroProfits currently is Energy Efficient Lighting.
According to the Energy Cost Savings Council, energy-efficient lighting projects generate an average 45% return on investment, paying for themselves in just 2.2 years. Energy efficient lighting is generally considered the easiest, most profitable investment in energy-saving building systems. The U.S. Department of Energy estimates that lighting generally accounts for 40% of your electric bill, followed by motors/HVAC, which accounts for another 40%.
Through the use of tax credits, utility rebates, and alternative financing sources, we guide you through all the available options and alternatives to provide you, or your Company, with a customized program that works for you.
- Commercial Buildings Tax Deduction
- Utility Rebates (UI/CL&P)
- Financing Options
Fully exploring the different options available for your company can make all the difference in determining your cost savings. We will explain the options and alternatives available to you and show you the financial impact they can have on your bottom line.