Current Rebates and Incentives Available
A few important notes about funding:
Many of these programs require pre-approval before any work is started or you could lose your opportunity for funding.
There are many changes currently occuring for energy efficiency funding. Connecticut has increased many opportunity, while the Federal Government is reducing. Contact us for the best opportunities for your business.
Connecticut State Incentives
Small Business Energy Advantage
This is a combined rebate and loan program for small business and industrial customers for making energy efficient improvements. Business customers with an average 12 month peak demand between 10 kW and 200 kW and industrial customers with loads below 50kW. The incentives are available for energy efficient lighting or controls, refrigeration controls, compressed air systems, VFD (Variable Frequency Drives), Programmable T-Stats, and Energy Management Systems. The loan maximums are $100,000.
Energy Conscious Blueprint
Incentives are issued based on the percentage by which a building exceeds the energy efficiency code. The incentive works with all new construction and major renovations to install energy efficient lighting, HVAC equipment, VFD, refrigeration, and gas boilers.
Energy Opportunities Efficiency Program
This program allows for incentives for creating energy efficiency throughout your business including, lighting, lighting controls, compressed air systems, motors, HVAC, VFD, etc. We will work with a Utility representative and will help you plan what energy efficient measures should be taken. New construction is not eligible.
Operations and Maintenance Program
For analysis and installation of modifications to EMS systems, pumps, fans, HVAC and compressed air systems which meet the program requirements.
Retro Commissioning Program
Optimizes operation of facility. The incentives can be used for resetting chiller discharge temperature, pump and fan speeds, demand ventilation, supply fan static pressure, humidity set points, boiler optimization, and to confirm operations for the EMS equipment.
Sales and Use Tax Exemption for Energy Efficient Products
This is a sales and use take exemption for solar hot water heating systems, solar space heating systems, and solar electric systems.
PRIME - Process Reengineering
Take a systematic approach to evaluating and identifying inefficiencies and waste in your current operation.
Commerical Multi Family Properties
Opportunities to improve the energy efficiency of multi family commercial dwellings.
Cogeneration and Solar
Cogeneration and solar grants are also available. The details are currently being established by the new DEEP.
Federal Incentives
Business Energy Investment Tax Credit
This is a corporate tax credit for solar, fuel cells, small wind turbines, Geothermal systems, microturbines, and combined heat and power. This credit may not work combined with other incentives available.
Energy Efficient Commercial Buildings Tax Deduction
This tax deduction offers a tax deduction of $1.80 per square foot for new or existing buildings who install heating, cooling, ventilation, or hot water systems that reduce the buildings total energy and power cost by 50% or more. A $.60 deduction is available in which the HVAC systems contribute to overall building savings of 50% if additional systems were installed.
Go to http://controlledair.blogspot.com/ or call us. We can help you find even more savings.
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