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Lincoln Electric System
2018 Sustainable Energy Program
01/2018
Commercial and Industrial Energy Efficiency
Refrigeration Systems Program Description Our Commercial and Industrial Energy Efficiency Program is part of LES’ Sustainable Energy Program. Customers taking advantage of this program will save money, help reduce the need for more expensive energy during peak periods of the year and ultimately help delay the necessity to build additional, high-cost power plants. The Refrigeration Systems Program is designed for customers that want to retrofit an existing system or install a new high efficiency system. This program is intended to help offset the cost to implement the recommended energy efficiency measure.
Application Process •
•
•
Before beginning a project, submit an online Pre-authorization Form to request funds for your project. LES will notify you regarding the availability of funds and, if funds are available, will provide you with a confirmation number. Within 90 days following confirmation, submit a Reimbursement Form, and a copy of the sales receipt itemizing: o New equipment/services purchased Type o Cost Make o Size Model o Purchase date Please allow two to four weeks to receive reimbursement. Submitting forms with incomplete information will delay payment processing.
SEP Incentive Calculation Formula • • • • • •
Incentive amount will be calculated by LES staff. ALL connected equipment that is present after the project is complete will be considered as part of the final load. No equipment will be considered as strictly “back-up”. Incentive cannot exceed 50% of the project cost. Maximum combined incentive of $100,000 per customer per year for all portions of the Sustainable Energy Program. Peak demand period occurs June-September, Monday through Friday, 2-8 p.m. Downsizing equipment does not qualify.
Program Guidelines • • • • •
For the sake of calculating the SEP incentive, all connected equipment that is present after the project is complete will be considered as part of the “post project” load. LES reserves the right to conduct pre and post inspections. LES is making this program available for the benefit of its customers and the program is in no way intended to create a property right or interest in any participating contractor, seller or other third-party. All authorizations under the program are based upon compliance with Program Guidelines within the sole discretion of LES. Refer to the “Commercial and Industrial Energy Efficiency – General Terms and Conditions” for more information pertaining to this portion of the program.
