Version Date 08/31/08
ENERGY EFFICIENCY PARTNERING (EEP)
Pasadena Water & Power is proud to announce the launch of a newenergy savings incentive program for its non-residential customers:
The Energy Efficiency Partnering (EEP) program.
Under the EEP program, any permanently installed energy-saving retrofit project may qualify for arebate incentive. Projects that are the most cost effective and achieve more energy (kWh) savingsand demand (kW) reduction may receive higher rebates.
Energy Efficiency Partnering Program Overview
*For Energy Efficiency Savings (kWh):
For each kWh that the new project saves in comparison to the existing equipment's kWh usage, youwill receive $0.11 (for a minimum of six months, and up to 36 months).
For Energy Demand Reduction (kW):
If your project also reduces your coincidental summer peak load by 10 kW or more, you will receivean additional $100 for each peak kW that has been reduced (for up to three years)
Bonus Rebate (for a limited time only!)*
Your project may be eligible for a bonus of
up to 25% of your standard rebate amount.
Please seestep 3 under "EEP Rebate Process" below for details.
Apply for the EEP Program
These incentives are effective as of March 7, 2008. All rebates are subject to change without notice.Please contact your Account Manager for further information. Once you have completed steps 1, 2and 3 in the EEP Rebate Process list below, your rebate will be reserved per the terms stated. Allrebates are subject to third party engineering analysis at the department's discretion to determine theexact rebate amount.
It's easy to get started! Just follow the steps in the EEP Rebate Process below!
* The total rebate cannot be higher than 65% of the installation cost with the bonus rebate, and not to exceed50% without the bonus. Projects that qualify for rebates exceeding $100,000 may be paid in installments basedupon funding levels.