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Efficiency Maine

Cash Incentives

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Efficiency Maine's Business Program offers cash incentives to reduce the upfront cost of projects that help you use electricity more efficiently, from new fluorescent lighting to HVAC to farm equipment.

Eligible organizations may now receive total incentives—combined Prescriptive and Custom—of up to $300,000 in a single calendar year period…on top of the reduced operating expenses that energy-efficient equipment offers every year.

Prescriptive Incentives

Efficiency Maine has calculated fixed or “Prescriptive Incentives” for certain types of equipment that generate consistent savings over a wide range of applications, including:

  • Lighting
  • HVAC equipment
  • NEMA Premium® energy-efficient motors
  • Variable-speed motor drives
  • Commercial refrigeration
  • Agricultural equipment

For a complete list of available prescriptive cash incentives, click here, or call Efficiency Maine at 1-866-376-2463.

Checklist iconHow to apply

Custom Incentives

 “Custom Incentives” are offered to encourage creative solutions by supporting energy-efficient electrical equipment for which costs and savings vary by application. These calculations are supplied by the vendor and then reviewed by our engineering staff.

The amount of Custom Incentives depends on the type of project:

  • For retrofit projects, the amount of the Efficiency Maine Custom Incentive may be up to 35% of the total cost of the efficiency project, including labor.
  • For new construction and major renovations, as well as replacement of failed equipment, the incentive may be up to 75% of the incremental cost of high-efficiency equipment over standard equipment.

Checklist iconHow to apply

 

 

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