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 $370 million available in utility rebate funding for commercial and industrial LED lighting and controls in 2019. With a little help from our utility relations team and your Signify (formerly Philips Lighting) sales professional, you could receive a significant rebate for using energy-efficient lamps or luminaires from Signify 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 Signify 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 as 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 more economical for utility companies to offer 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
Click here to find TLED and HID replacement lamp rebates in your area.
Signify 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 Certifications” search option at the top of the page to filter products based on DLC or Energy Star qualification.
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 rebate opportunities for your next project, contact us at UtilityRelations@signify.com.
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Signify is constantly offering new, innovative, energy-efficient lighting products for new construction and retrofit lighting projects. Click on each of the images to learn more about these solutions for your next commercial or industrial project.
Rebates and incentives can help reduce the initial investment made in lighting projects by improving the payback time considerably. Signify 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.
