LINCOLN – Lincoln Electric System’s Sustainable Energy Program returns this year with $1.5 million in incentive funds. Additionally, LES has retained unspent funds from the 2018 Sustainable Energy Program for development of expanded residential programs in 2019 that are consistent with the program’s goals and complement other community residential initiatives.
LES offers these funds to encourage customers to upgrade to even more efficient equipment than they would have purchased on their own, said Marc Shkolnick, LES manager of energy services.
“When customers participate in the program it reduces the need for LES to purchase more expensive power during the summer months and delays the need for new power generation,” Shkolnick said. “This is good for all customer-owners, regardless of whether they participate in the program.”
Since the program’s launch 10 years ago, LES customers have accessed $22.5 million in incentives and spent $125 million on energy-efficient equipment and/or services. This year’s program offers incentives for:
- A new heat pump water heater program to encourage residential customers to consider switching from conventional tank storage to a system that uses the ambient heat of indoor air to efficiently heat and store water. Qualifying equipment will be eligible for a $500 incentive.
- High-efficiency heat pumps and air conditioners with incentives ranging from $200 to $1,500 for qualifying equipment.
- Whole-house and facility sealing and insulation. Customers in existing homes and facilities with no wall or minimal attic insulation can qualify for as much as $1,000 for sealing and upgrading insulation levels to code.
- Commercial lighting to replace existing fluorescent or metal halide lighting with LEDs.
- Commercial and industrial customers can get as much as $100,000 in incentives per year for achieving peak-demand savings through air conditioner/heat pump replacement, variable frequency drive upgrades, compressed air systems analysis and upgrade, energy management systems installation, optimization or upgrade, and systems commissioning.
To take advantage of the Sustainable Energy Program, customers should contact participating contractors who will immediately apply the program’s incentives toward their purchase of eligible equipment or services. For more information about the program and the participating contractors, visit LES.com/SEP or call 402-475-4211. Incentive funds are available to customers on a first-come, first-served basis.