Discovering Exceptional Value with Rebate Management SolutionsJune 27, 2013
Presenters: Chris Wiederspahn, Senior Business Solutions Engineer, Kyle Barton, Senior Energy Rebate Analyst, and Adam Maier, Senior Program Manager for Ecova
Agenda
What are rebates and utility programs?
Trends in energy efficiency rebates
Eligible technologies
Energy Rebate Management Process
Challenges
Ecova Solutions
Summary
Q&A
Energy efficiency?
According to the DOE 40% of the energy consumed in commercial buildings is from lighting
LEDs save 50% of the energy and last 25% longer
$20 billion would be saved with improved energy efficiencies
What is a rebate?
An incentive (or 'Rebate') is financial assistance provided to customers to help offset the incremental costs of installing an energy efficiency measure
Mandated by:
– Government regulations
– Shareholders
Why:
- Load forecasting
- Costly infrastructure
investments
- Public relations
Typical rebate programs
Prescriptive / Standard– What is it?
• Equipment upgrades and retrofits• Shell improvements
Custom– What is it?
• New and emerging technologies• Measurement & verification coordination
New Construction– Based on how much more efficient the technologies are above local
building codes
Utility Measure Rebate
Utility #1 Standard Lighting $15-$140 per fixture
Utility #2 Custom Lighting $0.05/kWh + $50/kW saved
Utility #3 T5/T8 Lamp & Ballast $10 - $100 per bulb
Utility #4 Lamp Only Upgrades $0.025/watt saved
T12 lighting rebates/incentives are being phased out. Funding may be limited and bonuses could be available
Each utility program is unique
More opportunity than ever
A few typical eligible technologies
Building Envelope Whole building
approach Windows Roofs Insulation
HVAC Heat pumps A/C units High-efficiency gas Variable frequency drives Controls
Lighting Flourescent LED Automatic sensors Parking lots Industrial & Office
Kitchen Equipment Refrigeration Holding cabinets Fryers Combo Ovens Griddles Steamers Ice machines
What should I expect?
Challenges pursuing incentives
Requirements vary based on measure-type and program
Can be overwhelming for multi-site operators
Program implementation vary by state and utility
Application requirements
Offerings change frequently
– New technologies roll out
– Funding availability limited
Overcoming the Challenges
• Where are my facilities? • What does my capital budget look like? • What projects are feasible?
Build a Rebate / Incentive Strategy
• Pre approval processes• Timing of inspections• Rebate paperwork deadlines
Does timeliness matter for my initiatives?
• Who pays the utility bills? • Is the facility leased or owned?
What other factors are there?
Customizable solutions
Incentive Opportunity Research– Coupled with budget cycle
– Developed a grouped approach
– Project prioritization based on return
Project Incentive Analysis & Processing– Strategic and Tactical approaches
– Budgeted capital improvement projects
– Retrofits and new construction
– Planned and unplanned replacements
– Centralized tracking and reporting
How Can Ecova Help You?
Big Box
Managing the rebate program for a major DIY big box retailer performing a T5 lighting retrofit at 1500 stores. Estimated rebates for the 1st 500 locations in 2013 is approx. $5MM
Ecova Successes
Small Box
Assisting a clothing retailer with 1000+ locations across the country in pursuing LED rebates. YTD we’ve obtained ~130k with a YE projection of ~$240k
Grocery/C-Store
Expanding our relationship with a leading national c-store (7000+ locations) based on success with rebates in 2012. We worked with 3 of their regions (out of 10+) and obtained $1MM in rebates during 2012
Summary
Identification and fulfillment of energy rebates through a centralized service
Take the time-intensive administrative tasks off your plate and report back on savings
Why Ecova?
Upcoming Ecova Webinars
INSIDE ENERGY & SUSTAINABILITY 5 Tips to Alleviate the Pains of Budget Planning & Management
– July 18th
Big Data Energy Trends Educational Webinar – July 25th
Telecom Strategic Sourcing Secrets - September 25th
DIAL IN THE SAVINGS SERIES
Questions, comments, suggestions? [email protected]
Q&A
Thank you!
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