Most lighting projects require in depth analysis and energy usage comparison reports in order to calculate a utility rebate. Xcel Energy commercial and industrial customers now have another, INSTANT option when working with a firm like The Retrofit Companies. If you are considering an lighting upgrade or looking for ways to increase your energy efficiency, this new LED Instant Rebate program from Xcel Energy might be a great solution for you. Here are 9 signs that you should consider LED lighting. Keep reading for more details about the LED instant rebate program for businesses.
Who Qualifies for Xcel Energy Instant Rebates?
Commercial and Industrial customers of Xcel Energy in Minnesota and Colorado can qualify for a lighting rebate. So far, pretty simple! If this is you, keep reading.
What are the Program Requirements? (To qualify, you must meet all of the criteria listed.)
- Lamps must be Energy Star-qualified LED screw-in lamps
- LED Retrofit kits must be on the Energy Star qualified products list
- Installation must be interior, one-for-one replacement
- Purchased and rebated lamps must be installed within 30 days of purchase date
- Non-Energy Start lamps or kits can be submitted through custom program (non-instant rebate)
- Exterior lamps can be submitted through custom program (non-instant rebate)
Additionally with this instant rebate, qualified screw-in lamps can replace any existing type of lamp, including incandescent, fluorescent, and halogen. New lamps can be placed in existing buildings or installed in new construction.
What are the benefits of replacing incandescent and halogen lighting with LED using this program?
LED can reduce energy usage by up to 80%, and save up to $135 over each bulb’s life span. LED technology also can last up to 25 times longer than other lighting types, and because it emits almost no heat while operating it can reduce cooling costs. For more facts you can read Xcel’s blog post about Energy Star lighting technology.
How much is the rebate?
The incentive for this Instant Rebate Program currently ranges from $5 to $15 per lamp/kit when LED replacements are installed. This range is for LED screw-in type lamps or qualifying retrofit kits, and your rebate comes directly off the price of the lamps. You don’t have to wait for a check after the project is complete! The current rebate structure is seen below; however, these amounts are subject to change.
How do you get started?
Another simple answer- Call our office at 800-795-1230 or schedule a call with one of our lighting consultants and ask about Xcel Energy’s Instant Rebate!