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Grants, Rebates, and Financing Options for Energy Efficiency

Jan 18

Written by:
1/18/2012 12:23 PM  RssIcon

Do you want to upgrade your HVAC systems and implement Events2HVAC? Are you stuck because you don’t think your facility can afford it?

Though it is true that Events2HVAC pays for itself in most facilities in just 6 months to one year, finding the initial capital to make the investment can be difficult in this tight economy. So let’s take a look at some “outside the box” ways that you might be able to fund this energy- and labor-saving integration.

President Obama is pushing energy efficiency right now. Just last month, the White House released “We Can’t Wait,” announcing $4 billion in combined federal and private sector building upgrades for energy efficiency over the next two years. Your facility might qualify for assistance through this program – or through other federal grants, loans, or tax incentives.

In addition, many state and local governments have programs designed to help facilities fund energy-saving improvements to buildings. In Colorado, for example, the state offers a loan program and property and sales tax incentives for energy-efficiency improvements. While the city of Boulder offers a rebate program for many types of upgrades including HVAC and lighting controls.

Many utility companies offer energy-efficiency rebate programs, and some also offer loan programs or “on bill financing.” On-bill financing (OBF) is a way to pay for energy efficiency upgrades over time with the money you actually save on your utilities bill. It is not very widespread in the U.S. yet, but some utilities such as Pacific Gas and Electric Company do offer it and it is spreading.

One excellent resource for looking up all of these federal, state, local and utility programs is the Database of State Incentives for Renewables & Efficiency (DSIRE), a collaborative project developed and maintained by the North Carolina Solar Center and the Interstate Renewable Energy Council. The site is funded by the U.S. Department of Energy.

On the DSIRE website, click on your state and you will see a list of all state, local and utility programs, along with links to related rules, regulations and policies. At the top of any state page, you can click on “See Federal Incentives” to view federal grant, loan, and tax incentive programs for energy-efficiency projects.

Another good online resource is the U.S. Environmental Protection Agency’s Green Building Funding Opportunities website. And some states have their own search pages for funding these types of projects too. For example, at Recharge Colorado you can enter specific information to search for incentives and rebates in Colorado that are applicable to your specific needs.

So, if you want to save energy and eliminate redundant data entry, get a quote for Events2HVAC today. You can find a way to pay for it. There are resources out there to help with the upfront costs, and your facility will continue to experience significant savings for years to come. Send an email to sales@streamsidesolutions.com or call (888) 320-4277 to talk to a Streamside representative and get your Events2HVAC quote today.

About Us

Founded in 1998, Streamside Solutions provides software products, solutions and services for the building automation industry.


Phone: (888) 320-4277

        

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