How to Take Advantage of Energy Incentives

Energy rebates and incentives are out there. People who apply themselves to finding and applying for them can save a lot of money but it often seems like the only way to stumble across them is by meeting someone who already knows where to look. That's because they come from a wide variety of disparate places like utility companies, municipalities, states, federal government, and private NGOs.
Energy incentives can also come in a lot of different forms, including: grants, loans, tax credits, rebates, and several others.
That can make it hard to figure out exactly how each of the incentives works and how to arrange your business to take advantage of them.
The USDOE, in conjunction with the North Carolina Solar Center, runs the website DSIRE. It's a fairly comprehensive list of federal, state, and large-city energy incentives. On the homepage, you can choose a state and see a list of incentives available for businesses in that state. Many of them won't apply to a property management business, but some will.
DSIRE gives you the information about 250 local initiatives and there are thousands across the country. Don't make the mistake of using it and then deciding that you've done your job. Call the local government and ask for energy initiatives, sustainability initiatives, green tax credits, and so on. Also, ask your local general contractors. The guys who do decently-sized business projects often have personal experience with energy incentives and can give you the low-down if you buy them lunch.
Don't underestimate the potential business impact of this decision. It might take a significant investment to get this information organized, but if you could save %-8% off of your total bottom line would it be worth your time?
  • August 03 2014 - US
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Answers (1)

Often these incentives cost LOTS of money making the payoff years in the future if at all.
  • August 03 2014
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