Aug. 26, 2014: Rebate Service Help Supermarkets Recoup Energy-Efficiency Incentives
‘Supermarkets May Be Leaving a Lot of Money on the Table’
MAPLE GROVE, Minn. — Supermarkets in the United States can now get expert help in securing energy-efficiency rebates from utilities. The service is for supermarkets that invest in initiatives to improve energy efficiency but may not collect all the utility rebates for which they qualify, said Abtar Singh, chief executive of Singh360. “Some supermarkets want help because the application process can take a lot of time and effort,” Singh said. “Supermarkets may be leaving a lot of money on the table.”
Utilities generally offer two categories of rebates — prescriptive and custom. “Prescriptive rebates are usually easy to apply for and easy to get,” said Singh. “Utilities may offer them for simple, straightforward projects such as changing light bulbs or installing VFD or EC motors. The math is simple. The rebate is based on reductions of horsepower or wattage. You multiply the reduction by the number of changes you’ve made.