Public Service of New Hampshire (PSNH), the state's largest electric utility, offers incentives on a competitive basis to commercial and industrial customers that achieve measurable energy savings through the installation of energy efficiency measures. Under the Energy Rewards Request for Proposal Program, PSNH accepts proposals for electrical energy efficiency projects to be implemented at the facilities of eligible customers with a minimum demand of 350 kilowatts (kW). PSNH commercial and industrial customers, energy service companies, and other third party service providers representing commercial and industrial customers are eligible to participate. The minimum project energy savings for this program is 100,000 kWh per year (may be aggregated across multiple sites), and the minimum total project cost is $200,000.
Each proposal must identify the incentive amount required from PSNH to go through with the project. Proposals are evaluated based upon a comparison of energy savings and other price and non-price variables. (Non-price variables include factors such as whether the project includes items other than lighting, and whether the environmental impacts reduce on-site emissions or waste stream.) Eligible measures include replacing standard fluorescent lighting with high-efficiency fluorescent lighting, installing variable-speed drives on motors, installing lighting controls to reduce lighting operating hours, and replacing low-efficiency air conditioning equipment with high-efficiency equipment. Measures that are not eligible include new construction projects, any power-producing project such as combined heat and power (CHP), fuel switching (from electric energy), and repairs or maintenance projects.
Proposals are accepted in two tracks. The "Project Track" seeks proposals that can be developed in a short period of time and yet still have sufficient detail to estimate energy savings, project costs and other parameters accurately. The "Study Track" seeks proposals for projects that appear to have sufficient energy savings, but need additional study due to complexity, engineering study costs or other reasons.