Xcel will cover part of the cost of the assessment in addition to the equipment and installation rebates. Also, Xcel Energy can connect businesses to third-party lending institutions for financing purposes.
Recommissioning: 75% of cost, up to $25,000
Whole Building/Customer Efficiency Rebates: $400/kW+$0.04/kWh
The Xcel Energy Rebate covers project installations in the following savings categories:
Colorado electric business customers can earn rebates of $3 to $75 per lamp or fixture when upgrading from T12 fluorescent systems to LEDs. Under Xcel Energy’s lighting rebate program, there are seven ways a business can lower lighting costs and earn valuable rebates:
These lighting rebates can cut costs and monthly energy bills, shortening payback periods for LED lighting installation significantly.
Xcel Energy offers a $400/kW saved fixed rebates for purchasing qualifying energy-efficient cooling equipment, such as chillers, direct evaporative pre-coolers, and electronically commutated motors. Cooling equipment that is not eligible for a prescriptive rebate may still qualify for a customer rebate.
A Colorado business natural gas customer can earn 50% bonus rebates on qualifying gas heating efficiency upgrades. The limit on the gas rebates has increased from 60% to 75% of total equipment and labor costs, adding more savings.
Xcel Energy offers a solar rewards program for companies who have installed solar. This program purchases RECs (Renewable Energy Credits) from the business at a price of around $0.0425 per kW for solar projects between 25.01 kW and 500 kW. This program purchases each kWh produced from the array for the next 20 years.
Contact EnergyLink to speak with our solar energy specialists for more details on Xcel's energy rebates