Utility Rebates and Tax Incentives

Utility Rebates

With economic expansion, the demand for electrical energy in the U.S. continues to rise. However, the development of additional power generation and supply infrastructure is costly while the public is becoming increasingly aware of the environmental implications of our energy use and the need to utilize energy resources more efficiently and effectively. As a result, public utilities throughout the nation have established rebate programs to encourage the use of new and proven energy-efficient technologies. Lighting systems are typically a central component of these programs since recent technological advancements make significant energy savings possible and taking advantage of the opportunity usually involves little more than replacing outdated systems on a one-for-one basis.

Stingray Energy Systems works closely with public utilities to ensure that its customers receive the maximum benefit where rebate programs apply. Below are some website links for various utilities that we have worked with previously. If your electrical utility provider is not listed, try locating their website or contact your Stingray sales representative for assistance.

Useful Links
Xcel Energy
Southern California Edison


EPAct 2005 Commercial Building Tax Deduction


EPAct 2005 refers to energy legislation that was signed into law by President George W. Bush on August 8th, 2005. It stands for the Energy Policy Act of 2005, a bill aimed at encouraging energy efficiency in commercial buildings. It was the most significant revision to the national energy policy since 1992. EPAct provides tax deduction incentives to the owners of commercial buildings who invest in energy efficient technologies. As a major consumer of electrical energy, lighting represents a key element of this legislation and one of the simplest opportunities for building owners to reap the rewards of energy awareness. Commercial businesses installing energy-efficient lighting equipment that meets specific criteria are eligible for a tax deduction benefit up to $60 per square foot. Criteria are based on ASHRAE 90.1-2001 and vary by facility type. Contact your Stingray sales representative to learn more about this lucrative opportunity and what it means to you.

Example Application:

Facility:  Industrial Manufacturing
Encumbent Luminaire: 400-watt probe-start metal halide, 277 volt, magnetic ballast, 460 system watts
Replacement Luminaire:  Stingray EXC 250-watt pulse-start metal halide, electronic ballast, 262 system watts
Ceiling Height:  30 feet
Luminaire Spacing: 20'x20'
Utility Rate:  $0.10 per kWh
Annual Hours of Operation:   5,840
Lighting Power Density: 0.725 watts per square foot
ASHRAE/IESNA Standard 90.1-2001: 2.2W/square foot, Building Area method

Percentage below ASHRE/IESNA Standard 90.1-2001:  67%
Gross Tax Deduction:  $0.60 per square foot = $240/luminaire
Annual Energy Savings: 1,156 KWh/luminaire
Annual Energy Cost Savings (excl. demand charges): $115.63/luminaire

Meets IESNA Minimum Recommended Light Levels: 30 footcandles maintained (e.g. visual tasks of high contrast and large size)
Application is for illustrative purposes only. Assumes provision for bi-level
switching.   Customers are encouraged to consulting a tax professional regarding the lighting system tax
deduction and its cost depreciation implications.
 
 

Useful Links
US Chamber of Commerce
EPAct 2005 (pdf)

 


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