Retail companies spend nearly $20 billion on energy each year. Through improvements in energy performance, retailers can reduce costs, increase customer satisfaction, and enhance corporate profitability, all while reducing the carbon footprint of retail stores. A 10% decrease in energy costs has an equivalent impact on operating income as a 1.26% increase in sales for the average retail store.
Customer service and satisfaction is the number one priority in the retail sector, and retailers can be hesitant to engage in activities that can be perceived as reducing comfort, convenience, or the brand experience. However, through improvements in energy-efficiency, retailers can increase customer comfort and display social responsibility to consumers—adding value to the brand and enhancing customer satisfaction and loyalty. Retailers can reap these benefits while reducing operating expenses.1
The benefits of energy-efficient upgrades are numerous
- Reduce energy and water costs
- Increase employee comfort
- Enhance light and air quality
- Reduce maintenance and extend equipment life
- Contribute to a more sustainable future
Earn cash incentives
Retailers can take advantage of Pepco’s standard incentives for installing new, energy-efficient equipment. Cash incentives are also 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:
We also offer enhanced incentives to small 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 the Quick Energy Check-Up provided by the program has been completed. Many of the eligible Small Business Program incentives cover up to 80% of the program-estimated installed cost.
Additional incentive opportunities
- Operations & Maintenance Training incentive
- Technical support and cash incentives are offered to owners and design teams for new construction, major renovation, and building addition projects.
Retailers 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 retail store. Pepco supported the project with advice early in the process and cash incentives after the system was installed, helping the customer save money, improve comfort and boost productivity.
| ||Lighting / Sensors||VFD |
(1) 7.5 hp
|Annual Energy Savings (kWh)||145,750||10,058||22,855||178,663|
|Annual Energy Cost Savings2||$21,863||$1,509||$3,428||$26,799|
|Existing Bldgs Incentive||$10,909||$1,900||$2,744||$15,553|
Average price of electricity = $0.15/kWh
Payback = (Project cost - incentive)/ energy savings
Get started today!
Identify energy-efficiency opportunities in your facility and analyze their energy impact and cost-effectiveness. Incentives are available to assist with ASHRAE Level 2 Energy Audit as well.
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.