Latest update: January 31, 2023
If you are ComEd Energy customer looking to make energy efficiency improvements to your commercial facility, you may be eligible to take advantage of their strong energy incentive program to help fund a lighting upgrade!
Effective January 1, 2023, ComEd rolled out improvements to their incentive program, increasing rebates available for commercial lighting upgrade — making this already already lucrative program even stronger.
Here are some of the key highlights of the program:
- LED retrofit (interior & exterior) incentives increasing from $0.70/watt reduced to $.0.80/watt reduced
- Indoor occupancy sensors increasing from $0.16 per watt controlled to $0.25 per watt controlled
- Networked Lighting Control (NLC) Increases (pending certain requirements are met):
- $1 per watt reduced for fixtures replaced with a NLC fixture, plus
- $1/watt controlled if replacing fixture with no controls
- $0.75/watt controlled if replacing fixture with existing occupancy controls
- $1 per watt reduced for fixtures replaced with a NLC fixture, plus
A full breakdown of ComEd’s commercial lighting incentives can be found in their Standard Incentives overview here.
Additional early-bird bonus rebates:
In addition to the new incentives, ComEd offers an early-bird bonus as well. Projects with a new pre-application submitted January 1, 2023, to March 31, 2023, and a final application submitted by October 31, 2023, will qualify for 25% in additional incentives on top of the new incentive rates.
More details on the ComEd Early-Bird Program here.
How to take advantage of this program:
Incentives can be a confusing and time-intensive process to understand. PEC is proud to offer a specialized, in-house incentive team to help commercial and industrial facilities in the ComEd service territory take maximize their incentive rebates and business impact of their LED retrofit.
Your incentive should feel like a discount — not a project of it’s own! Get in touch with our team to learn more about how this program may apply to your facility.
