Rebate Programs
Custom Rebate Example #2

HVAC

Replace 5- 10 ton rooftop air conditioners with new units

Description

Qty

tons, each

efficiency (EER)

kw

operating hours

kwh

installed cost

existing 20 year old air conditioning units

5

10

9.2

65.2

1,200

78,261

$0

already exists but needs to be replaced

minimum Code compliant efficient units

5

10

10.0

60.0

1,200

72,000

$50,000

proposed units meeting efficiency requirements

5

10

11.7

51.3

1,200

61,538

$55,000

Savings

8.7

10,462

$5,000

incremental cost

Annual Cost Savings

$749

Simple Payback

6.7

years

Rebate calculated as 50% incremental costs

$2,500

Rebate calculated as buydown to 2-year payback

$3,502

Maximum Allowable Rebate

$2,500