Get ready to supercharge your projects in 2024! Energy Trust’s updated Production Efficiency incentives can boost your customers’ savings in the new year. See details below.
Starting January 1, 2024, industrial custom and calculated incentives will increase to $0.45 per kWh saved, up to 90% of project costs, for projects that save electricity. Custom and calculated incentives will increase to $5 per therm saved, up to 90% of project costs, for projects that save natural gas. Many industrial prescriptive rebates for both electric and natural gas will also increase, making it easier for customers to move forward with energy-saving projects in 2024.
| Measure | Primary Fuel | 2023 Incentive | 2024 Incentive |
|---|---|---|---|
| Industrial Custom and Calculated Projects | Electric | $0.30 per kWh saved, up to 70% of project cost | $0.45 per kWh saved, up to 90% of project cost |
| Industrial Custom and Calculated Projects | Gas | $3 per therm saved, up to 80% of project cost | $5 per therm saved, up to 90% of project cost |
| Industrial Prescriptive Rebates | Electric, Gas | Many of our rebates have increased for 2024, please visit our forms website to view each category or contact our program at 1.866.202.0576. |
Connect with Energy Trust’s Production Efficiency team at 1.866.202.0576 or production@energytrust.org to learn more.