Custom Rebates: The C/I Rebate program will provide custom rebates to commercial and industrial customers for the installation of any natural gas related energy efficiency improvement that does not qualify for a prescriptive rebate.  All custom rebates will be individually determined and analyzed to ensure that they pass the Societal Benefit/Cost Test.  Any measure that is pre-qualified (evaluated prior to being installed), must produce a Societal Benefit/Cost test result of 1.0 or higher.

 

Rebates are calculated as the lesser of the following:

• No rebate for measures with less than a two year payback
• 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 marginal energy savings
Incremental project cost	$130,000
MCF savings	3,400
Customer annual bill savings	$22,400
Payback	5.80
rebate at 2 year payback	$85,200
rebate at $6.63 per MCF	$22,542

 

 

Custom rebate project with high 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

 

You can apply on-line by clicking here, or download the following forms:
 

Application Form