Maximizing your project potential: unveiling exciting incentive updates for 2024


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.

MeasurePrimary Fuel2023 Incentive2024 Incentive
Industrial Custom and Calculated ProjectsElectric$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 ProjectsGas$3 per therm saved, up to 80% of project cost$5 per therm saved, up to 90% of project cost
Industrial Prescriptive RebatesElectric, GasMany 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.