This is the second in a series of three posts about incentives that I think are confusing. You can find the first post here.
Comprehensive Energy Savings Incentive
What does this incentivize?
At its core, the Comprehensive Energy Savings incentive gives you a bonus for completing more than one efficiency project at a time in your building.
What doesn’t this incentivize?
It doesn’t offer a bonus for doing just any three, four, or five projects at once. The projects must be selected from a list that has been curated by ComEd.
Anything else I should know?
Typically you have to complete efficiency projects by the end of the program year in which you applied (program years end on May 31st each year). This incentive, however, gives you two years to complete projects. You don’t get the bonus incentive until after all the measures are implemented.
So why is this incentive complicated?
Two reasons: Tiers and Options. Like the EMS upgrade incentive, the more “Options” you implement, the more money you receive. ComEd has a nice infographic explaining the tiers.
The other part of this incentive that I think is even more confusing are the Options.
There are five different categories of Options: Lighting, HVAC, Refrigeration, Compressed Air, and Other Energy Efficient Equipment. Different categories have different amounts of measures you must implement to receive credit for an Option. Here are five reasons I think the Options are confusing:
What’s the bottom line?
Put simply, this measure is challenging to navigate, but it’s not impossible. If your building is a good candidate for implementing three to five measures on the Comprehensive Energy Savings Worksheet, you could get a pretty tidy sum in bonus incentives money—up to 30% more than you would have gotten if you implemented the measures individually.
Who would this incentive be if it were a figure skater?
Karen Chen. It leverages a bonus to earn maximum points.
Where does the worksheet for this incentive live?
Coming up next time — Packaged Rooftop Unit Advanced Controls Retrofit!
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