Industrial and Commercial Savings Opportunities
Cash Back
Industrial Energy Efficiency services are even easier to use today with a Cash Back option. When you make a demand reduction in lighting
, HVAC, motors
, etc. you will receive $300 Cash Back for every KW saved.
Steps to Cash Back:
- Decide what electrical improvement will reduce your current load.
- Choose the vendor of your choice to purchase energy efficient equipment.
- Call Waverly Light and Power for an estimate of your cash back.
- When you call, you will need to provide the quantity and model number of the equipment being removed and the equipment to be installed.
- We will come on-site and inspect your project.
WAVERLY LIGHT AND POWER MUST BE NOTIFIED PRIOR TO YOUR PROJECT TO QUALIFY FOR CASH BACK
InPowering Solutions® Stock Check
A trained energy consultant performs a facility visit identifying potential energy conservation and energy efficiency measures and provides both the utility and the customer a written report. The report will include estimates of project costs, demand, and energy savings, along with recommendations to include no-cost and low-cost measures. The customer will be reimbursed up to 50% of the consultation cost to a maximum of $10,000. The Stock Check must be preapproved by Waverly Light and Power and is subject to yearly budget availability.
After the audit is completed, Waverly Light and Power will review and choose a few projects from the report with a reasonable payback which fit the customers and utilities goals for implementation. After the customer implements the WLP recommended improvements, Waverly Light and Power will sight the improvements and then reimburse the customer the remaining portion of the consultation fee using the same terms as the first payment. Customers are allowed to participate in both the Stock Check program as well as the Cash Back if applicable.
InPowering Solutions® Loan
The InPowering Solutions® Loan provides a resource for you to implement Energy Efficiency measures with no up front cash outlay.
This loan program is offered in conjunction with the Waverly Area Development Fund and participating local financial institutions. It allows you to finance energy efficiency projects and use your energy savings to repay the loan.
Your Cash Back option is paid directly to the financial partner in lieu of a down payment. Your energy savings are calculated and then used to determine your payment terms and in most cases, the energy savings will repay the loan in 1 to 3 years.
Visit one of the participating lenders today for more information!
InPowering Solutions® Expansion Pack
When your business is on the move, WLP is here to help you grow. InPowering Solutions® Expansion Pack provides you a consultation (up to 4 hours) with a certified energy efficiency expert. The consultant will meet and talk with you and your architects about cost effective ways to design energy efficiency into your expansion plans.
Notice: While every effort is made to keep this page current, programs are subject to change. Please contact Waverly Light and Power for the most current information at 319.352.6251. All programs are subject to yearly budget availability.