Powerful New Features Support XL Users
Pittsburgh, PA, February 7, 2017– Encentiv Energy today announced major updates to its Encentivizer XL tool with exciting new features. Encentivizer XL now features more powerful rebate estimate intelligence with the addition of lumens and efficacy. An increasing number of utility programs are starting to require lumens in order to calculate an incentive and/or requiring projects to comply with minimum lighting levels. Encentivizer XL becomes an even more powerful tool with these new additions and allows users to comply with all program changes right at their fingertips. These features will more accurately determine the rebate amount. The updates are being rolled out to current users and new users will have this functionality out-of-the-box.
“We are seeing more utilities moving in the direction of using lumens and efficacy as rebate estimators. Without Encentivizer XL users must spend a lot of time doing individual program research to calculate incentives in this manner.” said Mike Cham, CTO.
Encentiv Energy is a proven leader in driving new technology solutions to the market and is changing the landscape of how utility programs, end user customers, trade allies, vendors, and manufacturers participate in rebate, incentive, and financing programs to maximize revenue, increase sales, and improve outreach participation. They consistently identify programs to connect available dollars to our customers’ new construction and renovation/retrofit projects.
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In January 2017 our system recorded over 450 program changes that include new rebate amounts, new submission guidelines and new product qualification standards. For example, several programs are changing how they treat linear replacement lamps with more and more of them either not rebating them or are rebating by UL Type (i.e. UL Types – A, A/B, B, C). One utility in Colorado removed them from their prescriptive incentives and a major utility program in the midwest now has different incentives depending on the UL Type.
The question we get most often is “how does Encentiv keep the program data current?” The answer is that we have built multiple automated tools with sophisticated analytics to monitor and report on any program changes. One of the most valuable features of the Encentivizer™ Platform is the up-to-date utility rebate program data – accessible in real-time for our subscribers. Supporting these tools is a team of analysts who understand the complexities of rebate programs and how they operate. Everything runs pretty smoothly throughout the year until December and January, when hundreds of programs begin the transition to new rules, new rebates and fresh dollars.
Another very interesting trend is measuring rebate amounts based on the lighting efficacy – the efficiency of the lumen output compared to the wattage of the fixture. To calculate these rebate amounts the customer (or their contractor) will need to provide more data about the operating environment, hours of operation as well as more details on the new fixtures. Encentiv has already modified the Encentivizer calculations to account for these inputs in the programs that are using this approach.
Encentiv is also seeing many programs start to differentiate between the DLC (Design Lights Consortium) Standard criteria versus the DLC Premium. In some programs, DLC Premium lighting products qualify for higher rebates than DLC Standard products, or ONLY DLC Standard OR DLC Premium will qualify for rebates. See the DLC website for more information regarding the requirements for products to qualify for DLC Premium.
Other changes we are tracking include the shift towards putting more and more products on mid-stream programs (getting the rebate directly from a local distributor) and push for trade allies to use online applications versus editable PDF forms. Look for more details on these trends in future newsletters.Sign Up for the Monthly Newsletter
by Steve Moritz, President & CEO