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Lincoln Electrical System’s Sustainable Vitality Program is returning in 2021 with $1.25 million in incentive funds.
Established in 2009, LES’ Sustainable Vitality Program, or SEP, affords these incentives to encourage LES clients to make the most of energy-efficient gear, serving to to handle electrical energy demand for the complete service territory.
“Collaborating with clients to handle demand and power is an environmentally accountable and cost-effective enterprise,” mentioned Marc Shkolnick, LES supervisor of power companies. “Prospects taking part in our Sustainable Vitality Program assist scale back the necessity for LES to buy dearer energy throughout peak summer time months and delay the expense of constructing new energy era. That is good for everybody locally.”
Over this system’s 12 years, LES clients have accessed practically $27 million in SEP incentives and spent $185 million on energy-efficient gear and/or companies.
This yr’s SEP incentives embrace:
Residential and business warmth pump water heater incentive of $500 to encourage clients to think about switching from standard electrical tank storage to a system that makes use of the ambient warmth of indoor air to warmth water effectively. A federal tax credit score of $300 for qualifying gear can be out there.
Excessive-efficiency warmth pumps and air conditioners with incentives starting from $200 to $1,500 for qualifying gear. A federal tax credit score of $300 for qualifying gear can be out there.
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