Xcel Energy Large Commercial and Industrial Standard Offer Program (SOP) pays incentives to businesses for retrofit and new construction projects that save energy in peak summer demand periods and are located within Xcel's service territory. Payments to Project Sponsors will be based solely on kW and kWh savings. Any entity that installs eligible energy efficient measures at a facility with electric service provided by Xcel and has a minimum peak demand of more than 100 kW is eligible to participate in the program.
Incentives are paid for both energy and demand savings. Project Sponsors are required to meet minimum eligibility criteria and sign a standard agreement with Xcel, which includes an estimate of how many kW and kWh the project will save and the associated incentive payment amount. Project Sponsors receive incentive payments from Xcel Energy for installing energy efficiency measures. Xcel does not perform any energy efficiency services, nor does it install any efficiency measures directly for end-use customers, but instead contracts with the Project Sponsors, as required by state legislation.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Texas |
| Incentive Type: | Rebate Program |
| Web Site: | http://www.xcelenergyefficiency.com/TX/Business/COM/ |
| Administrator: | Xcel Energy |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: |
Commercial & Industrial Incentive: $0.07/kWh saved and $220/kW calculated using deemed savings or a measurement and verification plan |
| Maximum Incentive: |
Commercial Standard Offer Program:
No Project Sponsor may receive more than 20% of the total incentive budget Project maximum annual load factors must not exceed 60% of demand savings i.e. 5,256 kWh of energy savings per every 1 kW of demand savings achieved |
| Equipment Requirements: | Equipment must exceed minimum standards specified in the manual. |
| Installation Requirements: | Large projects have a minimum peak savings of 5 kW |
| Technologies: | Refrigerators/Freezers, Lighting, Lighting Controls/Sensors, Chillers, Heat pumps, Air conditioners, Duct/Air sealing, Motors, Motor VFDs, Processing and Manufacturing Equipment, Custom/Others pending approval, Other EE, LED Lighting |
| Sectors: | Commercial, Industrial, Local Government, Nonprofit, State Government |
| Parameters: | The incentive is 0.07 $/kWh, The incentive is 220.00 $/kW |
| Name: | Bryan Whitson |
| Organization: | Xcel Energy |
| Address: |
TX |
| Phone: | (806) 378-2887 |
| Email: | Bryan.J.Whitson@xcelenergy.com |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
Copyright © 2024 EnergyBot • All rights reserved.
1601 Bryan St Suite 900, Dallas, TX 75201
