Incentives

FirstEnergy LED Lighting Rebates

Did you know FirstEnergy has implemented a new incentive program this year for commercial and industrial customers looking to install LED lighting and controls in their facilities? The program is available through May 31, 2024, for both existing buildings and new construction, however, funds are very limited and will likely run out before the deadline.

By |2023-11-17T14:46:03+00:00November 17th, 2023|Incentives, Efficiency|Comments Off on FirstEnergy LED Lighting Rebates

5 Things to Consider Before Installing Solar

Solar arrays are becoming an increasingly popular (and affordable!) alternative to traditional energy. The marketplace is ever-expanding, and it can be difficult to gauge your business’ readiness when considering solar. We have compiled the below list to guide you as you begin your solar journey. First, you’ll want to ensure that your current electric supply

By |2024-02-16T19:24:31+00:00November 13th, 2023|Incentives, Solar, Renewable Energy|Comments Off on 5 Things to Consider Before Installing Solar

Updates to USDA Rural Energy for America Program Grant

The USDA Rural Energy for America Program (REAP) provides small to mid-size businesses located in rural areas with guaranteed loan financing and grant funding for renewable energy systems and energy efficiency improvements. Many Ohio counties are considered qualifying rural areas. With the passing of the Inflation Reduction Act in 2022, grant amounts increased from 25%

By |2023-05-24T21:07:31+00:00May 24th, 2023|Incentives, Efficiency, Renewable Energy|Comments Off on Updates to USDA Rural Energy for America Program Grant

Manufacturer LED Lighting Retrofit

Client: Fuserashi International Technology, Inc. (FIT) Industry: Manufacturing Sustainability Solution(s) Implemented: LED Lighting Results after finished install: • 40,000 square foot building expansion with total building LED lighting upgrade • Annual energy cost reduction of 57.3% compared to ASHRAE Standard 90.1-2001/2007 • Immediate tax deduction of $365,983 Since 1996, Fuserashi International Technology, Inc. (FIT) has

By |2023-02-24T16:13:53+00:00February 24th, 2023|Incentives, Efficiency|Comments Off on Manufacturer LED Lighting Retrofit

Managing Energy Costs – Lima Allen County Sustainability Seminar

We recently were invited to speak with local businesses about managing energy costs and energy efficiency options at Lima Allen County Chamber's Sustainability Seminar. Check out our feature on HomeTown Stations!

By |2022-11-04T14:56:05+00:00November 4th, 2022|Incentives, Efficiency, News|Comments Off on Managing Energy Costs – Lima Allen County Sustainability Seminar

Accelerated Depreciation on Energy Efficiency Projects

Energy efficiency projects can provide economic benefits in a number of different ways, such as with the help of the 179D Tax Deduction. The 179D Commercial Buildings Energy Efficiency Tax Deduction allows building owners to claim a tax deduction on eligible lighting, building envelope, or HVAC projects. Eligible projects can qualify for up to $1.80

By |2022-11-03T21:08:07+00:00November 3rd, 2022|Incentives, Efficiency|Comments Off on Accelerated Depreciation on Energy Efficiency Projects

179D Adjustments with Inflation Reduction Act: Schools & Hospitals

Since 2006, the 179D tax deduction, also known as the Energy Efficient Commercial Building Deduction, has provided tax deductions up to $1.80/square foot on qualifying projects for both new construction as well as any renovations done on existing buildings. The passing of the Inflation Reduction Act (IRA) has brought some changes to 179D that present

By |2022-10-11T13:58:12+00:00October 11th, 2022|Efficiency, Incentives|Comments Off on 179D Adjustments with Inflation Reduction Act: Schools & Hospitals
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