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The energy savings you want. And the rebates you need.
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Retrofit
Prescriptive -Choose from a predefined incentive list based on a fixed-cost per unit installed in the following categories:
Custom -Custom Incentives include energy-efficiency measures not included on the Prescriptive list. Common projects include: building envelope improvements, energy recovery ventilators and economizers, day lighting controls and variable speed chillers.
Incentives for custom energy-efficiency projects are based on the electrical energy savings that result from the energy-efficiency installation and are calculated based upon the annual kWh savings. The incentive is a one-time payment based on $0.08/kWh to be saved in a one-year period. The required payback period to qualify for a custom measure incentive must be between one year and less than seven years. The total incentive can cover up to 75 percent of the incremental measure cost.
Technical Assistance -Customers can receive up to 50 percent of the cost of an energy or feasibility study for a facility every three years. Incentives are provided for contracted consulting work such as feasibility studies, energy audits, and retro-commissioning services. Customers with 500,000-2,000,000 kWh annual consumption can receive up to 50 percent of the cost of an energy or feasibility study for retrofit projects up to a maximum of $10,000. Customers with over 2,000,000 kWh annual consumption can receive up to a maximum of $20,000.
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New Construction
Prescriptive -A predefined incentive based on a fixed-cost per unit installed in the following categories:
Custom -Custom Incentives include energy-efficiency measures not included on the Prescriptive list. Common projects include: building envelope improvements, energy recovery ventilators and economizers, day lighting controls and variable speed chillers.
Incentives for custom energy-efficiency projects are based on the electrical energy savings that result from the energy-efficiency installation and are calculated based upon the annual kWh savings. The incentive is a one-time payment based on $0.08/kWh to be saved in a one-year period. The required payback period to qualify for a custom measure incentive must be between one year and less than seven years. The total incentive can cover up to 75 percent of the incremental measure cost.
Custom Whole-Building -Incentives are available for projects utilizing a whole-building energy model simulation demonstrating electric energy savings of at least 10 percent beyond applicable building code.
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Incentive pays $.09 per kWh to be saved during first year for new buildings demonstrating at least 10 percent energy-efficiency improvement as compared to minimum building code.
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Incentive pays $.14 per kWh to be saved during first year for new buildings demonstrating more than 20 percent energy-efficiency improvement as compared to minimum building code.
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Requires a whole-building energy performance model simulation.
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Customers who use the whole-building approach do not qualify for other prescriptive or custom incentives.
Technical Assistance
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Design Incentive – for building designs that have a projected first-year electrical savings of at least 15 percent beyond the applicable building code.For facility design services, Progress Energy will pay $.05 per kWh of projected first year savings up to a maximum of $50,000.
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Building Energy Modeling Incentive - A building energy modeling incentive will be offered, up to a maximum of $20,000, not to exceed the total cost of the modeling service.
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A customer may select an incentive for either a building energy modeling service or facility design, but not both.
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Program Requirements
To qualify for the Energy Efficiency for Business Program:
- The area of improvement must be on an approved rate schedule as listed in the Policies and Procedure Manual.
- Projects must involve an energy efficiency improvement that results in a sustained reduction in electrical energy usage (kWh).
- Complete requirements and details for each incentive program must be met as outlined in the Policies and Procedures Manual.
Energy Efficiency for Business Program Process
- Once a project is identified, a pre-approval incentive application should be submitted to Progress Energy and when approved, proceed with installation.
- Pre-approval is required for some lighting prescriptive measures, and all custom projects and technical assistance and is strongly encouraged for all projects to reserve funding. Submission of a pre-approval application is not a guarantee of program acceptance.
- When the project is completed, submit all required documentation, including a paid invoice, with the final incentive application for the incentive rebate within 60 days of project completion. Note: for projects completed in 2009, final applications must be received no later than February 28, 2010.
- Payment will take approximately eight to ten weeks from time of final application approval.
- For complete details about the program and application process, see the Policies and Procedures Manual.
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