Grocers Pass on Rebates That are Too Complicated
Singh360 offers a service to supermarkets in the United States to help them secure energy-efficiency rebates from utilities.
“Some supermarkets want help because the application process can take a lot of time and effort,” said Abtar Singh, CEO of Singh360.
According to the company, utilities generally offer two categories of rebates – prescriptive and custom. Prescriptive rebates are usually easy to apply for and to get. Utilities may offer them for straightforward projects such as changing light bulbs or installing VFD or EC motors. The rebate is based on reductions of horsepower or wattage.
Custom rebates are for projects whose savings are more difficult to calculate. Because custom rebates require more work than prescriptive rebates, supermarkets often don’t bother applying. To win a custom rebate, a supermarket may have to provide measurements and data to verify the initiative saved energy. Some utilities may also require the applicant to provide modeling and calculations.
Wally Lindeman, senior manager facilities maintenance at Lunds Food Holdings in Minnesota said he hired Singh360 to help when the company didn’t have the time and resources to do all the paperwork. They were challenged to estimate savings based on model calculations, he said. With help from Singh360, Lunds has secured more than $300,000 in utility incentives so far.
Photo: Supermarket via Shutterstock
- How "Fixed" is the Fixed Price Product?
- Guide to Energy, Carbon and Environmental Software
- Integrated Building Optimization
- The CFO and the Sustainability Reporting Chain
- Trends in Energy Management: Where Should Your Next Investment Be?
- 2014 Environmental Leader Product and Project Awards
- Alarms Management: The Future is Now
- The Business Case for Corporate Sustainability Tools
- How to Use Lean Tools to Cash In On Environmental and Energy Savings
- Top 3 Reasons to Calculate Your Environmental Footprint
- Energy Efficiency Requires Engineering Efficiency
- Integrated Building Optimization: A Crucial Convergence of Demand-side and Supply-Side Energy Management Strategies
- Driving Productivity and Profit with Industrial Energy Management
- Energy Procurement in 2014: Products & Programs to Optimize Savings
- BUYING STRATEGIES IN A VOLATILE MARKET: What Businesses Need to Know about Retail Electricity Procurement