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Commercial & Industrial Custom Rebates

Custom Rebates: Custom rebates are available to Laclede commercial and industrial customers for the installation of any natural gas related energy efficiency improvement that does not qualify for a Standard rebate. All Custom rebate projects must receive a rebate commitment from the program prior to the commencement of the project. Custom projects are analyzed and pre-approved using program benefit/cost criteria determined by incremental energy-savings, project cost and payback. Projects must achieve a minimum two year payback to receive a rebate. Rebate amounts are individually determined by project and are calculated as the lesser of:
  • A buy-down to a two year payback
  • $6.63 per MCF saved during the first year
The following are examples of how each of these criteria could determine the custom rebate:

Custom rebate project with lower energy savings
Incremental project cost $130,000
MCF savings 3,400
Customer annual bill savings $22,400
Payback 5.8
   
Rebate at 2 year payback $85,200
Rebate at $6.63 per MCF $22,542
Laclede Rebate $22,542


Custom rebate project with higher energy savings
Incremental project cost $55,000
MCF savings 3,800
Customer annual bill savings $22,400
Payback 2.46
   
Rebate at 2 year payback $10,200
Rebate at $6.63 per MCF $25,194
Laclede Rebate $10,200


Ready to Apply? It’s Easy! Review the program Terms and Conditions and then use our simple online application system to electronically submit your application or download, complete and submit a Custom rebate paper application.

Online Custom Rebate Application
Paper Custom Rebate Application

Have a Question? Call one of our rebate coordinators at (800) 426-5784, (302) 504-3084 or email us at Laclede-MGE@appliedenergygroup.com


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