Tag Archives: rebates

What Comes Up, Doesn’t Always Come Down

Each month, Worldwide Energy Vice President and COO Gaylen Davenport will publish his thoughts on the latest energy-efficient news, products, and trends.

This is a departure from our typical technology post, but it’s still a vital part of any energy efficient project. I’m talking about utility rates.

On average, utility rates typically rise 6-8 percent annually. At a time of record high fuel prices, historic environmental challenges, and industrial structural change, the nation’s demand for reliable electric power continues to grow, and utility companies must keep up. Without increasing rates, the energy demand could impact the quality of service, impair the ability of the utility industry to meet growing demands, and undermine the financial health of the utility industry.

In other words, utility rates will always be rising based on a variety of factors. Most utility companies in Kansas City, including Kansas City Power & Light and Amereen Missouri for example, are using the increased rates to, in part, pay for energy programs and plants.

In Janaury of this year, Missouri state regulators approved a rate increase that will affect 600,000 customers. The parent company to KCP&L was granted a $64 million increase among the utility’s three service areas.

About half of the customers in the KCP&L territory will see a 9.1 percent increase, while customers in the Great Plains territory will see a 5.2 percent increase. Businesses in the former St. Joseph Light & Power service area will see an average increase of 12.9 percent.

Since 2005, KCP&L’s prices are up about 50 percent in Missouri and Kansas. The utility was also approved for a 6.7 percent increase for customers in Kansas. And the rates will continue to climb, especially for large facilities and warehouses.

Businesses should be inclined to reduce their energy use, especially if they are looking to cut costs. On average, lighting accounts for more than 10 percent of your utility bill. Lighting retrofits and utility rebates are the best way to lower your utility costs. We also offer other energy efficient solutions that can help lower your costs including insulation, window tinting, and zoo fans.

-Gaylen

Senate Committee Looks at Tax Incentives

The Senate Finance Subcommittee on Energy, Natural Resources, and Infrastructure has been busy.

The 13 subcommittee members are examining how incentives for energy efficiency can fit into tax reform. The current tax code already includes energy efficiency incentives, but “the hearing examined how those incentives could be adjusted to work better in a reformed tax code.”

Other bills introduced during the hearing included establishing or modifying incentives for efficiency in commercial buildings, homes, and industries.

Source: CSpan.org

KCMO Businesses Saves More with New Energy Program

The EnergyWorks KC program provides technical and monetary assistance for energy efficient upgrades, including lighting retrofits.

Thanks to the U.S. Department of Energy, commercial buildings in Kansas City, Missouri have a unique opportunity to save even more on lighting retrofits.

The EnergyWorks program provides technical assistance to cities, counties, nonprofit, public, and private sector entities to improve the energy efficiency and operating costs of existing commercial and public buildings. The program also provides a low-interest loan fund to help finance improvements for nonprofit facilities.

Businesses that implement energy efficient upgrades, including lighting retrofits, can receive $3,000 to $6,000 towards improvements. But act quickly, the program is funded only until May 2013, but may be extended.

To find out more about the EnergyWorks KC program and whether you qualify, contact our office at (913) 310-0705 to speak with a certified energy consultant, and to schedule an audit.

Time is Running Out on Incentives

KCP&L rebates can pay for nearly half of your lighting upgrade investments.

The KCP&L rebates aren’t going to last forever. In fact, they may not be available next year. Rebates for the state of Kansas are no longer available, but the ones for Missouri customers are.

If you have considered updating your lighting system in the past, now is the time to do it. And if the rebates are not enough incentive, commonly used T12 lights have been phased out by the Department of Energy, and are no longer available for manufacture or import into the United States.

Because of this, current inventories are depleting, and prices are getting higher. Updating your system now can pay for nearly half of your investment.

Rebates Drive Lighting Retrofits

Rebates and tax incentives helped this Kansas City warehouse update their lighting to save on costs and monthly utilities.

Light emitting diodes (LEDs) are more prevalent in lighting retrofits, especially as many companies are looking to their utilities to provide rebates. The rebates offer a large energy savings that takes reduces upfront costs.

“Utilities across the country show limited prescriptive rebate support for LED lighting,” found a report by Groom Energy and GTM research. And the number keeps growing.

In fact, four years ago, there was about $3.1 billion in total U.S. rebate dollars. And the numbers are expected to more than double in coming years, from $7.4 billion to $12.4 billion available in 2020.

There’s no coincidence that the LED market is growing as well. LEDs are one of the fastest growing light replacements to traditional fluorescent lights and offer a higher energy efficiency. It’s no wonder that the increased utility funds will help push LEDs into the commercial and industrial mainstream.

Source: Green Tech Media

Energy Savings for Small Businesses

Businesses can save big with energy efficient projects like retrofitting outdated lighting.

Small and medium businesses are missing out on big energy savings. With energy costs rising 6-8 percent annually, businesses are quoting “energy costs as their biggest expense behind real estate and labor.”

A report by the Center for an Urban Future found that one big opportunity for small businesses to reduce costs has gone ignored: becoming energy efficient, and that “significant savings – up to thousands of dollars a year for even the smallest firms have been left on the table.”

Several roadblocks for small business owners include lack of financing, lack of customized solutions, and lack of technical expertise. That’s why working with the right partner is key to the success of becoming energy efficient.

At Worldwide Energy, we provide a complete turn-key approach, so we take care of the planning, implementation, and documentation for your business to receive the maximum benefits and incentives for becoming energy efficient.

With local rebates and incentives still available, Kansas City area small businesses are sure to find big savings. Contact us today to schedule a facility review.

Source: Clean Technica

Green Buildings Are Worth the Investment

Investing in a green building, and retrofitting it into becoming more energy efficient, can provide many benefits for businesses.

While the U.S. does not rank very high in the global race for green buildings, it doesn’t mean we aren’t. In fact, Lux Research found that venture capitalists have invested more than $4 billion in the race to build greener buildings, and “they are now looking at new innovative technologies to further develop this space,” according to the research firm.

Since 2000, there were 332 venture investment rounds in technology and materials developers for green buildings. Last year, nearly 50% of the funding were late-stage investments, “signaling the maturation of the first wave of green buildings start-ups.”

The Lux report also found interesting green business trends including how integrated design is the future, and how on-site generation is a growth area.

Investing in a green building, or retrofitting commercial buildings into becoming more energy efficient, is an emerging trend, but can also provide benefits to businesses right now.

With energy-saving rebates and incentives in the Kansas City area, local businesses can see most of their project paid for, and see a shorter return on investment. Schedule a facility review now and see how much we can save you on energy costs.

Source: Market Watch

Where Are All the Green Buildings?

A new study found that the U.S. does not rank on green building policy. Lux Research recently ranked the countries with the best green building markets including Singapore, South Korea, Germany, Australia, and the U.K. The United States did not make the grade, according to the Boston-based firm that compiled the report.

Their findings were based on six national policies that play a key role in inspiring higher rates of green buildings and activity. The governmental polices also included an interest in energy security, and environmental and livability concerns said Aditya Ranade, the lead author of the report.

Interestingly, the U.S. did not rank on the list largely because the green building trend is “driven by state and city-level governmental policies, corporations, and voluntary certifying organizations.”

“For any emerging technology – and especially for green buildings – technology, financing and policy are the three legs of the stool that drive the adoption of these trends,” said Ranade.

In the long run, investing in green buildings provides benefits for consumers and businesses alike. And while the U.S. may not be ahead of other countries, state and local governments and corporations do provide excellent incentives such as rebates that pay for a large portion of any energy-efficient project.

It’s time to take advantage of those incentives now, so schedule a facility review today to see what we can do to help you save on energy costs.

Source: GreenBiz.com

Efficiency Plan Approved by Missouri PSC

Ameren Missouri will invest $147 million in energy efficiency programs for customers and businesses.

The Missouri Public Service Commission approved one of the most aggressive energy efficiency plans in the state.

Under the plan, Ameren, which serves 1.2 million electric and 127,000 natural gas customers in eastern and central Missouri, will invest $147 million over three years. The company will fund several programs that seek to reduce electricity use by 800 million megawatt-hours.

The company will gear those programs toward residential and business customers. More than likely the company will promote rebates and incentives on energy-efficient appliances, HVAC systems, Energy Star homes, and sustainable lighting.

Ameren expects that over the next 20 years, their investment in the programs will result in about $500 million in customer benefits.

Now is a great time for businesses to seek out rebates and incentives, especially when the common T12 technology is obsolete. Rebates and incentives are a great benefit to retrofitting inefficient technology, especially when the return on investment may be just 12-24 months.

Schedule a facility review with us today to see how your business can become energy efficient.

Source: St. Louis Business Journal

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