Rhode Island Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 07/27/2012
Program Overview:
| State: |
Rhode Island |
| Incentive Type: |
Utility Rebate Program |
| Eligible Efficiency Technologies: |
Lighting, Lighting Controls/Sensors, Custom/Others pending approval, Commercial Refrigeration Equipment, Walk-in Cooler efficiency measures |
| Applicable Sectors: |
Commercial, Small Business |
| Amount: | Custom Electric Efficiency Rebates: 70% of project costs can be paid through a rebate.
Custom Electric Efficiency Loans: The remaining 30% can be financed by National Grid with a 0% interest loan for 24 months. |
| Eligible System Size: | To be eligible, businesses must have an average monthly demand of 200 kW or less. |
| Web Site: |
https://www1.nationalgridus.com/MyEnergyEfficiencyServices
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Summary:
National Grid’s Small/Mid-Sized Business Program is for business customers with an average demand of 200 kilowatts or less per month. The program aids qualifying business customers in installing energy efficient equipment. National Grid provides a free energy audit and report of recommended energy efficiency improvements. If the business customer chooses to make the recommended improvements using National Grid’s vendor and equipment, National Grid will pay 70% of the cost of the installation of energy efficient equipment. The remaining 30% can be paid through the customer’s electric bill, at 0% interest over a maximum period of 24 months. Customers paying the 30% customer share in a single lump sum are provided a 15% discount. Eligible energy efficient equipment includes: lighting upgrades, occupancy sensors, walk-in and reach-in cooler measures, and other site-specific custom projects. Customers can register online at the web site listed above for a free energy audit.
Commercial and industrial customers who are interested in energy efficiency but who do not qualify for the Small/Mid-Sized Business program, may still qualify for other rebate programs offered by National Grid. Contact National Grid for additional information. |
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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