Incentives for Investing in Energy Efficiency
We offer incentives on a wide variety of energy efficiency projects. These incentives can help your business reduce payback time and offset the cost of energy efficiency upgrades.
Incentive amounts are effective June 1, 2022, and are calculated annually and contingent upon the review and acceptance of savings claims.
kW savings calculation is based on Summer Coincident peak demand savings. For further explanation, view our summer peak demand video. This timeframe is June through August (excluding weekends and holidays) from 2 p.m. to 6 p.m.
Business Incentive Structure | ||
Lighting and Efficient Equipment | $0.075 / kWh | $215 / kW |
Custom | $0.075 / kWh | $250 / kW |
CHP/Solar | $0.00 / kWh | $1,000 / kW |
Direct Discount Program | $0.16 / kWh | $250 / kW |
*Effective February 14, 2022, pre-approval is no longer required on lighting and efficient equipment projects through our standard downstream program. Custom projects and incentives offered through our Direct Discount Program will still require pre-approval prior to construction beginning. Pre-approval means that a project application must be submitted in good order and receive a pre-approval letter before construction begins. All projects must be submitted, with all documentation in good order, within 180 days of the project completion date. Incentives are capped at 50 percent of project cost, up to $500,000. Incentives for Direct Discount Program are capped at 80 percent.
Important Note:
PPL has updated the program's Total Resource Cost effectiveness requirement. All CHP projects have to meet a minimum TRC of 0.70. All other projects have to meet a minimum TRC of 0.85.