Utility Rebates

The American Council for an Energy-Efficient Economy is committed to advancing energy efficiency policies, programs, technologies, investments and behaviors.

Energy policies, programs and regulations that provide utility rebates and incentive to pursue energy efficiency have yielded significant benefits to all consumers. Utilities can cut costs by reducing the need for new equipment to keep up with a growing energy demand. Ratepayers are treated to lower monthly payments as a result of the lower energy costs caused by reduced demand. In the end, everyone benefits from energy efficiency programs and policies.

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Energy Efficiency Policies & Programs

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Energy Efficiency Evolution

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PJM Interconnection Energy Efficiency Resources

Energy Efficient Rebate Payments for Up to 4 Years

3657ef_e70c99701b2940519b62e7feb148cdeaBeyond each of our local electric utilities, large regional cooperatives manage the transmission of electricity across the country. They are responsible for the safety and reliability of our nation’s electric grid. PJM Interconnection represents the largest of these cooperatives, spreading across all or parts of thirteen states.
(OH, PA, VA, WV, DE, MD, NJ, Washington DC / Parts of: IN, IL, MI, KY, NC).

PJM offers incentives to any customer who installs energy efficiency equipment that permanently reduces the use of electricity during peak times. Compensation varies by project and you can also earn money by submitting past projects.

PJM’s Program is Different than Utility Rebates

PJM’s Energy Efficiency Program is different than Utility Rebates. Several states in the PJM region have implemented energy efficiency rebate programs in response to state legislative requirements or state commission policies. These programs are proven models that help influence people to make their buildings more energy efficient. State commissions use the measured impact of energy efficiency projects to judge the effectiveness of programs, to justify the recovery of program costs through customer rates, and to evaluate the performance of utilities.

PJM’s rules are designed to ensure reliability for the power grid and include provisions for competing generation, demand response and energy efficiency resources. Also, the focus of measurement and verification standards for capacity market participation differs from the focus that applies to the rebate programs implemented by the local utilities. The focus for utility rebate programs is the total kilowatt-hour reduction achieved annually. The focus for PJM’s energy efficiency resources participating in the capacity market is measured by the kilowatt reduction.

Interested in learning more about how PJM can help offset project costs?

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Federal Tax Credits

Your Commercial Energy Efficient Project May Bring a Big Tax Break

icon_calc2The 179D commercial buildings energy efficiency tax deduction provides benefits to businesses, architects, engineers and contractors who build, renovate or design a building that meets the minimum requirements set by 2001 ASHRAE Standards.

Get More Information on 179D

 

PACE

Payment Plans that Cover Your Full Cost

PACE (Property Assessed Clean Energy) recognizes that although valuable to our economy & environment, energy efficient systems are not easy to pay for. That’s why PACE Financing provides an answer to energy efficiency, renewable energy and water conservation upgrades to homes, commercial buildings, industrial properties, nonprofits and agricultural.

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Encentivizer

The Encentivizer can support outreach, application processing, and program management for Commercial PACE Programs nationwide. PACE Program administrators and funders can provide real-time estimates of applicant and project eligibility for participation in the PACE Program. With the Encentivizer you can also help process applications, which could include application of underwriting criteria and energy savings criteria, and it includes data on every PACE program in North America.

Learn more about Encentivizer

Other Financing Solutions

Realize Total Energy Cost Savings and Meet Sustainability Goals

For businesses, implementing energy efficiency measures can prove quite challenging. Innovative financing programs are available to address the financial complications of funding your energy efficiency upgrades.  On-bill financing programs incorporate the cost into the electricity rate over the length of the commodity contract.  Other programs run through the Investor Confidence Project are designed to ensure that the monthly energy savings are greater than the monthly payments.

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icon_analytics Investor Confidence Project

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Still have questions? Give us a call or send us an email – we’re happy to help.

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