Rebate Programs
Custom Rebate Example #3

Motors

Replace burned out 100 HP motor

Description

Qty

size, HP

efficiency

kw

operating hours

kwh

installed cost

existing motor

1

100

89.0%

83.8

4,800

402,337

$0

already exists but failed

new motor that meets minimum Code efficiency levels

1

100

92.4%

80.7

4,800

387,532

$8,500

proposed NEMA Premium efficient motor

1

100

94.5%

78.9

4,800

378,921

$9,945

Savings

1.8

8,612

$1,445

incremental cost

Annual Cost Savings

$617

Simple Payback

2.3

years

Rebate calculated as 50% incremental costs

$723

Rebate calculated as buydown to 2-year payback

$212

Maximum Allowable Rebate

$212