Energy Efficiency Opportunities for Businesses
Are you trying to improve energy efficiency in your business? Reducing energy losses through energy efficiency upgrades can help you save money.
Below are some energy solutions for businesses.
First Steps
Business Energy Assessment
Find easy and quick ways to save energy and money for your business with a free Business Energy Assessment from Xcel Energy. This assessment can help identify impactful, immediate energy improvements. Not a small business? Xcel Energy offers a variety of options scaled according to customer size, budget and goals. Learn more on the Business Energy Assessments page.
Next Steps
Lighting Efficiency
Upgrade your lighting equipment and save money with Business Lighting Efficiency rebates from Xcel Energy when you purchase and install advanced lighting controls systems or energy efficient light fixtures and bulbs.
HVAC +R
Receive a rebate from Xcel Energy when you upgrade or replace your HVAC or refrigeration system with a high efficiency system. Choosing a high efficiency system can help reduce your energy use year after year, and you can lower the up-front costs for improvements with Xcel Energy rebates. Incentives are available across many different types of equipment, including heating & cooling equipment, water heaters, heat pumps, food service equipment, refrigeration equipment, motors, drives, fans and pumps. Find out more on the HVAC-R page.
Deeper Energy Savings
Custom Efficiency
Looking for more energy saving opportunities customized to your operations? Xcel Energy offers Custom Efficiency rebates designed for projects and equipment that save energy but do not fit the requirements for standard rebate offerings. Contact Xcel Energy’s Business Solutions Center and speak to an energy advisor to get answers to questions, verify eligibility requirements and receive an application at energyefficiency@xcelenergy.com
Strategic Energy Management
For large businesses using 1 GWh or more per year, take advantage of Xcel Energy’s Strategic Energy Management (SEM) program to help reduce your business’s energy cost and carbon footprint and increase sustainability. SEM is Xcel Energy’s holistic approach to managing energy use for consistent savings and continuous performance improvement, designed specifically for the energy needs of large businesses. To get started, visit the Strategic Energy Management page.
Financing Options
C-PACE
Commercial Property Assessed Clean Energy (C-PACE) allows building owners to finance up to 100 percent of the cost of energy efficiency, renewable energy, and water conservation improvements with no up-front capital. The costs of eligible improvements are realized over 25 years as an additional assessment on your property tax bill. For more information about eligible upgrades and how to get started, visit the C-PACE website.