Watt's Up Lighting Blog

Save Some Green

Commercial

Save money and the environment with energy efficient LED products

Utility rebates can be tricky, but thanks to our dedicated team at TCP, we can help you throughout the entire process. Save some green this Saint Patrick’s day by installing energy-saving products that qualify for rebates.

What are utility rebates?

Utilities offer incentives to people and businesses to offset the higher initial costs of retrofits and new construction projects to meet energy-saving goals. To reduce energy consumption, there are certain requirements on state and federal levels. Instead of building new power plants that will cost billions of dollars, offering incentives for using energy efficient products saves money.

According to the United States Department of Energy (DOE), lighting can account for nearly 40% of a commercial building’s energy usage. By installing energy efficient lighting, you can improve your ROI by coupling utility rebates and energy savings.

How can I save some green?

Rebate programs vary from utility to utility, so be sure to contact your supplier to determine the right program for your situation. There are three general types of rebate programs:

  • Instant Rebate Programs: Approved distributors provide approved products at discounted prices to approved customers at the point of sale.
  • Prescriptive Rebate Programs: A set dollar amount is assigned to energy savings measures. Involves an application process and may involve pre-or-post inspection. Pre-approval may also be required.
  • Custom Rebate Programs: Rebates are based on energy savings for the total retrofit job. Pre-approval is required to verify savings potential. Post inspection required to determine final rebate amount.

Below is a map showing the lighting incentives by state:

How can TCP help?

TCP is a leader in the utility rebate industry and manages the majority of the process for you. Our utility rebate support team is here to support you throughout your lighting journey. We offer a wide array of LED and CFL ENERGY STAR rated products that are available to receive lighting rebates. We even partner with utilities in every state to help drive the adoption of energy-efficient lighting.

Interested in learning more about utility rebates? Contact our rebate solutions support team or visit our utility programs page.

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