Did you know that many utility companies offer rebates as an incentive to commercial customers for upgrading to more energy efficient lighting? According to Navigant Research, there is over $280 million available in Utility Rebate Funding for commercial LED Lighting in 2018. With a little help from our utility relations team and your Philips Lighting sales professional, you could receive a significant rebate for using energy-efficient lamps or luminaires from Philips Lighting on your next project. Utility rebates in general aren’t that difficult to navigate, but there are different types of rebates available for a variety of products which can get tricky. To get started, review the information on this website and contact your local Philips sales professional to learn more about opportunities in your territory.
Rebates offer huge benefits to your business. By implementing lighting measures that reduce the energy used in a given space, you will save money on your electric bill. Utility companies “reward” those who install energy saving equipment by offering rebates – so essentially, you are being paid to save!
These rebates help lower the initial project cost of the energy-saving measures, which in turn shortens the payback period and makes the overall investment more attractive to property owners. Just as important than the financial implications of these rebate programs to a business owner is the benefit to our environment by utilizing energy efficient lighting.
Utilities set annual energy savings goals which they then strive to meet. Offering incentives to commercial customers is an energy-saving alternative to the greater capital expense of expanding power plant capacity. It is often cheaper for utility companies to pay for rebates than to build a new power plant and deal with increased infrastructure maintenance.
There are over 3,000 utility companies across the US and many of them offer lighting rebate programs. Rebates are available for a variety of lighting products including lamps, luminaires
Philips Lighting offers an extensive portfolio of lighting products, most of which qualify for multiple utility rebates at any given time. Easily search our Luminaires e-Catalog and use the “Energy Certification” filter option to learn more about our DLC and Energy Star qualified solutions available for your lighting project.
DLC and Energy Star designations for our lamps are indicated on the individual spec sheets and/or product bulletins which can be found in our professional lamps product catalog.
For detailed information on opportunities in your area, visit the Database of State Incentives for Renewables & Efficiency at www.dsireusa.org. You may also use the “contact us” form on this site to request a call from our utility relations team to learn more about opportunities in your service territory.
Rebates and incentives can help reduce the initial investment made in lighting projects by improving the payback time considerably. Philips Lighting is eager to help you identify rebate opportunities for your next project. Contact your local sales representative, our rebate team at UtilityRelations@Signify.com, or fill out the form below to start the conversation today.
