Save with Your Utility Company
Managers of retail and commercial property – here’s your chance to save big with your utility company with this help from TCP.
As a leader in the utility rebate industry, TCP understands all the details and will manage the majority of the process for you. We partner with utilities in every state to encourage adoption of energy-efficient light.
TCP offers a wide array of LED and CFL ENERGY STAR rated products that are available for lighting rebates today.
How Rebates Work
Lighting rebates offer a win-win solution for businesses, consumers and utilities to help offset costs of new buildings and keep money in your pocket. However, utility rebates can be very complex because every type of rebate has its own incentives, goals and procedures.
If you’re looking to simplify the process, contact TCP’s utility rebate support department. We’re here to support you.
Program Implementation – Dan White
Commercial/Retail Rebates – Colleen Reidy
Utility Rebate Terminology
Retailer Mark-Down. Utility rebates are applied to the normal price of a retailer’s product. This entitles the customer to an instant rebate on select items.
Buy Down. Utility rebates are applied to the cost of approved items to a retailer or commercial partner.
Prescriptive Rebates. Prescriptive rebates provide a specific predetermined dollar amount for each fixture replaced.
Custom Rebates. Custom rebates are based on the total energy savings for a specific project and are intended to provide rebates for approved fixtures not covered by a prescriptive program. Incentives vary by location and customer type.
Market Lift Promotions. Market lift promotions provide utilities a platform to capture the power of their retailer partners eliminate the need for buy-downs and yet still allow a utility sponsor to claim credit for bulb sales. This program design sets sales targets for the retailer’s efficient lighting sales and rewards them for achieving them.
Coupon Promotions. The instant coupon operates similar to a markdown but has a controlled number of units that can be purchased within a specific time frame, due to the limitation of coupons being printed.