Rebate Programs
Custom Rebate Example #1

Lighting

Replace 100 HID fixtures with high intensity fluorescent in warehouse

Description

Qty

watts, each

kw

operating hours

kwh

installed cost

400 watt high pressure sodium high bay fixtures

100

458

45.8

3,500

160,300

$0

already exists and is in working condition

4-lamp T5HO high intensity fluorescent fixture

100

254

25.4

3,500

88,900

$14,500

Savings

20.4

71,400

$14,500

incremental cost

Annual Cost Savings

$5,112

Simple Payback

2.8

years

Rebate calculated as 50% incremental costs

$7,250

Rebate calculated as buydown to 2-year payback

$4,276

Maximum Allowable Rebate

$4,276