Energy represents 30% of the typical office building's costs and is a property's single largest operating expense. Investing in energy efficiency to control energy costs is a sound business strategy that can help boost the operational cash-flow for your property.
Tenants will reap the rewards of increased workplace comfort and employee morale, and lower utility bills. Building owners can increase the attractiveness of commercial properties to potential tenants by offering higher efficiency lighting, and heating and cooling systems.1
Pepco provides standard incentives to businesses for installing a wide range of new, energy-efficient equipment.
The benefits of energy-efficient upgrades are numerous
- Reduce utility and water costs
- Increase tenant retention
- Enhance light and air quality
- Reduce maintenance and extend equipment life
- Contribute to a more sustainable future
Earn cash incentives
Office buildings can take advantage of Pepco’s standard incentives for installing new, energy-efficient equipment. Cash incentives are available to customers planning unique equipment and system upgrades and industrial process improvements. If you are planning energy-saving improvements that are not eligible for standard incentives, you may be eligible for custom incentives.
Pepco pays cash incentives for qualifying energy-efficient improvements, such as:
Additional incentive opportunities
- Operations & Maintenance Training
- Technical support and cash incentives are offered to owners and design teams for participating in the Comprehensive Design Support process for new construction, major renovation, and building addition projects.
Enhanced incentives are offered through the Small Business Program. If your building has a monthly demand of 60 kW or less over a twelve month period, you may be eligible for a Quick Energy Check-Up (QEC) and enhanced incentives. The QEC and the installation of low cost measures (up to $250) will be completed at no additional cost by a Small Business Trade Ally of your choice.
Businesses and institutions have access to technical and financial resources to improve lighting, upgrade heating, ventilation and controls systems and build high-performance buildings. Below is an example of a recently completed project at a local office building. Pepco supported the project with advice early in the process and cash incentives after the upgrades were completed, helping the customer save money, improve comfort and boost productivity.
|Project Type||Lighting||VFD||Chiller||All Projects|
|Annual Energy Savings (kWh)||690,000||163,125||450,001||1,303,126|
|Annual Energy Cost Savings2||$103,500||$24,469||$67,500||$195,469|
|Existing Bldgs Incentive||$156,640||$28,000||$3,600||$22,064|
Average price of electricity = $0.15/kWh
Payback = (Project cost - incentive) / energy savings
Get started today
Let Pepco help you identify energy-efficiency opportunities in your facility and analyze their energy impact and cost-effectiveness. Customers with a maximum monthly peak demand greater than 60 kW are eligible for incentives to assist with ASHRAE Level 2 Energy Audit. We also offer enhanced incentives through our Small Business Program to businesses, non-profits, faith-based organizations and institutional customers that have a monthly demand of 60 kW or less over a twelve month period. These enhanced incentives are available to customers once a Quick Energy Check-up provided by a Small Business Trade Ally has been completed. Contact a program representative for details
If you need technical assistance in completing an energy-efficiency project, qualified contractors from our Trade Ally Network are available to assist you. To find a trade ally in your area please visit Find a Trade Ally
Learn more about:
Program Eligibility and Application Process
Eligible measures and incentives for Existing Buildings Projects
Eligible measures and incentives for New Construction Projects/Major Renovation Projects
Source: ENERGY STAR®
Have any questions about the incentives, your eligibility or how to apply? Contact us
and we can help you get started today.