Grids are constrained, and the utility companies are responding by adjusting rates and rebates
At Enabled Energy, we watch closely to see how the utility companies across that nation are reacting to the demand on their electrical grid. As a result, these companies often adjust their rates and rebate/incentive programs.
Where are your data centers?
The dark green states have the highest commercial electricity rates.
We recently asked our contacts at several of the largest utility companies across the country to summarize what is changing with their rebate/incentive programs in 2019.
On the West Coast, our contact at PG&E noted that “not much has changed for this year”. They continue to provide a custom incentive program for new load and retrofit programs. By working directly with PG&E’s team and providing solid engineering and a good business case, substantial incentives are being approved. PG&E is also rolling out an on-bill financing program to help fund energy projects.
In the Midwest, Xcel Energy is currently modifying their program this year to focus on reducing their peak loads. As of July 1st, there will no longer by prescriptive rebates for EC Fan Retrofits. However, rebates will still be available for data center studies. In addition, custom implementation rebates will actually be up to $500/PCkW (Coincident Peak) and $100/other kW for preapproved projects. Similar to PG&E, Enabled Energy is working closely with the Xcel team to provide the required engineering and business cases for their clients to receive the above rebates.
What does all of this mean?
Rates and rebates have changed again, and they will change again in the future too. If you’re looking at ways to start or support an energy management program, consider looking at the potential utility-based incentives from your local utility. Keep checking in with us and we’ll help you engineer and administer your project to take advantage of the maximum rebates and incentives possible. Depending on the program, they can typically fund 10-50% of the project’s first cost.
For more specific information about programs available in your Data Center, please contact us at 303.761.9890.