Retrofit: 60% of project cost
Lighting: 50% of savings
Incentives may not be available to reduce the project simple payback below one year
$0.15/kWh annual energy savings + $50/kW average monthly demand savings
Pacific Power's Energy FinAnswer program provides cash incentives to help its commercial and industrial customers improve their heating, cooling, refrigeration, compressed air, lighting, pumping or industrial processes. New construction and retrofit projects for all industrial facilities can participate as well as all new commercial projects and commercial retrofits in facilities larger than 20,000 square feet.
Pacific Power will be involved from the beginning of construction, starting by reviewing the facility plans and identifying possible efficiency opportunities. Next, Pacific Power will prepare an energy analysis report consisting of specific recommendations and refined estimates of what each will cost and how much they'll save. It will also include an incentive offer and any commissioning requirements. Pacific Power pays for this study.
After the incentive agreement is finalized, purchase orders can be signed and construction can begin. Documentation of the final costs of the energy efficiency measures with labor and material itemized must be delivered to the utility before the incentive payment is made. For more information visit the program website, where brochures, forms, and case studies can be accessed.
New Construction: Efficiency improvement should exceed energy code requirements or industry standards by 10%.