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Utility Rebate Programs

Category: Financial/Accounting Strategies

Local utilities incentivize energy saving improvements to reduce base loads. Many rebate programs encourage HVAC efficiency improvements such as insulation upgrades, heat pump upgrades and rooftop recommissioning.

Benefits

  • Campuses can save on energy efficiency by paying a reduced initial capital
  • Energy savings will be reflected immediately after a project is completed
  • Illustrates the advantage in energy efficiency projects beyond utility subsidies

Challenges

  • One-time installation per project requires extra capacity
  • Not all rebates are for large scale application

Impacts

  • GHG Impact

    Miniscule

  • Economic Impact

    Small Net Cost

  • Feasibility

    Very Achievable

    Taking advantage of government energy rebate programs is a great way to cut emissions and save money. 

  • Timeline

    < 1 year

    This solution is extremely variable. Utilities set up most of the rebates that can be applied for, rarely is there a one size fits all example. 

  • Maintenance

    Moderate

    Requires increased maintenance effort to identify buildings and utility rebate programs that are best suited for campus. 

  • Publicity

    Under the radar

    Energy Efficiency incentives have been around for decades. This is low hanging fruit of sustainable solutions. 

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