Description
Loveland Water & Power, in conjunction with the Platte River Power Authority provides businesses incentives for new construction projects and existing building retrofits. The Electric Efficiency Program encourages companies to retrofit eligible facilities with new energy efficient equipment. Eligible facilities may receive incentives for purchasing efficient light fixtures and controls (LightenUp Program), food service equipment, mechanical systems, and building envelope improvements. Most rebates for equipment and efficiency measures are offered on a prescriptive basis. However, custom incentives are the greater of $500 per kilowatt (kW) of summer peak demand reduction or $0.10 per annual kilowatt-hour (kWh) saved. Air conditioner and heat pump models not included under prescriptive measures may still be eligible for custom rebates if the equipment efficiency is demonstrated to be exceptional. Contact Platte River Power Authority for more information.
Loveland Water & Power offers the Building Tune Up Program, which provides up to $50,000 to help commercial and industrial customers identify significant energy saving opportunities in existing facilities and system operations. Participants must be committed to spending $4,000 towards efficiency improvements if a facility is under 50,000 ft2, $4,000 + $0.04/ft2 for facilities between 50,000 and 200,000 ft2, or $12,000 for facilities larger than 200,000 ft2. Facility conditions such as energy costs, building size, and building age will also affect the viability of project proposals.
The Efficiency Express Program is also available to Loveland Water & Power customers. Similar to the Building Tune-Up Program, this program is focused on quickly identifying and pursuing energy saving opportunities in facilities measuring less than 50,000 ft2. The Efficiency Express program will cover a majority of the cost of the upgrades but the customer will be invoiced $0.04 per square foot.
Contact Loveland Water & Power, or visit the Platte River Power Authority website, for more information on these incentive programs.
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