Which is why we’ve been talking for awhile now about the importance of energy efficiency. Energy efficiency upgrades can help you save energy, which puts less stress on your own buildings and systems, and therefore requires less from the energy grid. Also they can save you money, opening up room in your budget for other programs.
Many facility and energy managers may be on board with the idea of energy efficiency, but don’t always know where to start. Or they lack the funds to put energy-saving programs in place.
If either of those are the case here are two energy efficiency incentives we think are no-brainers.
- Energy Efficient Commercial Building deduction. This incentive, also dubbed the EPAct Deduction, is a one-time deduction available in the first year for an owned or leased building that achieves a defined level of efficiency. The deduction is applicable for either the design of a new commercial building or the renovation to an existing commercial building. The deduction ranges from $0.60 – $1.80 per square foot for the entire building or a partial deduction based on the efficiency of the interior lighting, mechanical systems and the building envelope. Read this for more information on this incentive.
- Utility Rebate Programs. If you’re a business customer of PPL, the utility provider is offering you rebates on everything from lighting to appliances. Click here to get started or here for a complete listing of eligible products. PECO is offering similar rebates on lighting and equipment and refrigeration and a whole lot more. Check this out for a list of how you can be rewarded for energy efficiency upgrades. Another great resource for finding incentives in your local area is the Database for State Incentives for Renewables & Efficiencies.
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