Most retrofit projects die in the budget process. PEC’s four-layer capital stack; rebates and incentives deducted up front, 0% financing options, Utility On-Bill Financing (where available), and total energy savings, can potentially eliminate the up-front cost entirely. Your project could pay for itself, starting month one.
financing options available
in select utility territories
financed through PEC Capital lifetime
Almost every facility leader has lived this cycle: you scope the project, build the business case, walk it into the CFO’s office, and you get the same answer: “We don’t have room in this year’s capex budget.” The project moves to next year’s budget, the energy waste continues, the utility rebate program changes, and a year later you’re scoping the same project all over again. The bottleneck isn’t the math. The bottleneck is where the money comes from.
PEC engineers your project’s capital structure the same way we engineer the lighting layout; to maximize what your facility gets, and minimize what you pay. We stack up to four sources of funding on the same project so you don’t write a check on day one.
PEC’s in-house Incentives team finds, applies for, and secures every dollar your project qualifies for. The full estimated amount comes off your invoice, so you don’t have to wait for the rebate check. This often covers 20–100% of the project cost before any financing is needed.
PEC Capital offers 0% financing on qualifying projects. You pay the net cost (after incentives) over time with no interest and the terms are aligned to your projected energy savings. Designed for commercial and industrial customers who want to preserve cash and credit lines.
Some utilities offer On-Bill Financing programs that let you fund the project directly through your power bill. Instead of writing a check or signing a loan with a traditional lender, the project payment appears as a line item on your monthly utility bill, with zero interest. Utilities typically structure your monthly loan payment to align with your projected monthly energy savings, resulting in “bill neutral” financing.Â
We engineer the project so the monthly energy savings exceed the monthly financing payment. From the day the system is commissioned, the savings hitting your P&L are larger than the payment leaving it. Your facility is more efficient, your bills are smaller, and the math works on day one , not in year three.
PEC scopes the retrofit and models projected energy savings.
Our Incentives team finds, applies for, and secures all program funding your project qualifies for.
We model the project across the four layers: incentives, 0% Financing, OBF (where available), and energy savings, and present a structure that minimizes up-front cost.
If financing is part of the stack, PEC Capital runs a digital prequalification, typically in 5–7 business days. No paperwork on your desk.
Standard PEC project management process — operations-first scheduling, manufacturer-direct relationships, zero production disruption.
From commissioning forward, your monthly energy savings exceed your monthly financing payment. The project pays for itself.
TransPak move forward with LED upgrades without tying up capital. By leveraging On-Bill Financing and utility incentives, TransPak completed most projects with zero upfront cost—capturing $78,487 in incentives, saving $171,058 annually, and reducing lighting energy use by 64%
Client Rebates Secured
On-time
Completion
Client
Satisfaction
