In most states there are incentive programs in place for consumers looking to upgrade their existing, inefficient, Metal Halide, High Pressure Sodium and Fluorescent lighting. In 2003, the New Jersey Board of Public Utilities established the Office of Clean Energy to administer NJ’s Clean Energy Program (NJCEP). The establishment of the NJCEP contributes to a stronger economy, less pollution, lower costs, and reduced demand for electricity. NJCEP offers financial incentives, programs, and services for residential, commercial, and municipal customers. Click here to learn more about incentives available in New Jersey.
There are programs at the Local, State and Federal levels that encourage energy efficiency with incentives. If your facility plans to do an energy efficient project, do your homework and see what program best suits your needs. For example, say you have a 1 million sqft distribution center located Monroe Township NJ. This facility has 2,500 metal halides(1000w). If you were to retrofit them to a 6 lamp T5HO Hibay fixture(360w), your incentive would be $200 per fixture. So then take 2,500 fixtures times the NJ Clean energy incentive of $200, that comes to $500,000 cash that you can use for your lighting retrofit project. Imagine getting paid to add value to your business, by decreasing your operating cost, you increase your bottom line and this puts a smile on every CFO’s face. This is definitely something that can not be overlooked. Now this is just one example in one state and we understand it may be hard to figure out which incentivie is right for you. So visit the “Database of State Incentives for Renewables & Efficiency.”(DSIRE) to find more information.
State Incentives for Energy Efficient Lighting Retrofits and Upgrades
These days most states are offering rebates and incentives for energy efficient upgrades including lighting retrofits. As growing energy demand increase and more business are being put on the grid. We are seeing now, more than ever the importance reducing our energy consumption. Since lighting accounts for a large portion of our energy needs, many states have required that utilities give their customers rebate incentives for energy efficient improvements. Energy efficient upgrades are offered by most utility companies and can often reduce the final cost of the installation by 30% or more. Now the rebate incentive application process can be daunting at first glance. Thats why Albright has a team of professionals who are experts in dealing with the “Clean Energy” programs and understanding the various rebate being offered. Therefore, we guarantee we will do our best to secure the highest possible rebate amounts for our customers.
In most cases what we can do is deduct the state rebate from the total purchase price. So then you don’t have to wait the for the incentive check in the mail. This will help lower your overall cost and you will recieve your return on investment sooner. Since we know what we are doing when it comes to state and local incentives we will wait for the check and you can do your lighting retrofit. Whether it is utility rebates or any other aspect of our services for lighting retrofits, you can count on the expertise and professionalism of Albright to guide you every step of the way. So give us a call today or fill out our request form to see how you can finance your energy efficient upgrade.