As a facility or building manager, you’re probably aware that there are numerous Federal, State, and utility incentive programs available to help you to reduce the cost of investment in energy-saving measures.

It’s less likely, though, that you’re aware of all the opportunities that could help you at any given moment — and that’s because discovering the relevant programs is in many cases a challenge.

Why? Well, there are a lot of them, they may change frequently, and they’re dispersed across a broad landscape that takes time, research, and (until now at least), manpower that isn’t always available. In this blog, we’re going to show you how you can quickly and easily overcome those barriers.

A wide horizon

Before we show you, though, let’s start with a quick survey of the landscape of programs available. We’re talking about the range of Federal, State, and utility-level incentive programs that help businesses like yours reduce their energy costs by funding efficiency upgrades, demand management, and more. We’ll outline the broad characteristics of each category:

Federal programs

Generally, Federal programs provide tax credits, deductions, or direct rebates, for example, the Commercial Building Energy Efficiency Deduction. Section 179D has provided tax deductions for energy-efficient lighting, HVAC, and building envelope upgrades allowing businesses to claim up to $5.00 per square foot depending on how much energy savings they achieve.

State programs

Many states run rebate funds, grant programs, and/or tax incentives with the aim of supplementing the federal support we’ve just noted. For example, in New York, there are NYSERDA Programs such as the Commercial & Industrial (C&I) Energy Efficiency Program which have provided incentives for lighting, HVAC, controls, and industrial process improvements.

Utility Programs

Many utilities offer rebates and demand management programs that help them manage grid load by offering incentives to reduce power consumption.

Examples of such programs include PG&E (California) which offers energy efficiency rebates for installing high-efficiency HVAC, refrigeration, and lighting; Duke Energy (Southeast & Midwest)’s Smart $aver Program which offers rebates and incentives for deploying equipment like variable frequency drives, chillers, and LED lighting; and Con Edison (New York City)’s Commercial & Industrial Energy Efficiency Program which also offers rebates for efficient lighting, controls, HVAC, and refrigeration upgrades as well as free energy audits to identify opportunities.

The catch? As we said, first you must know what’s available to you, and second you have to commit to the process of pursuing it. Which is not always straightforward, and can become difficult.

How NexRev AI can help

With NexRev, the problem is resolved because our NexiAI agent is trained to find the specific programs that are available for your sites based on location and give you the information you need to apply for them.

You don’t need to master the complex benefits landscape (or commit limited resources to doing so) because NexRev can help apply for, and manage, the entire process for you.

Summary

NexRev AI innovations put critical operational information at your fingertips, so you can make informed decisions across your footprint. We bring together publicly available information into a comprehensive report, so you don’t have to spend hours doing research. Once NexRev AI has helped identify potential programs, our professional services team can complete the application and secure the benefits.

Optimize with NexRev

NexRev is the leading provider of cloud-based, multi-site energy management systems, backed by AI and delivered by SaaS models, that help businesses eliminate energy waste and reduce costs. 

Our innovative Freedom™ EMS/BMS solution brings process-driven intelligence and AI to facilities management, providing complete remote control and centralized visibility of your energy-consuming devices across complex, nationwide property portfolios for leading brands in retail, theatres, restaurants, commercial, and industrial facilities.

With NexRev Freedom, our customers reduce waste, optimize energy management, and generate permanent cost savings by making the right decisions. 

To begin a discussion on how we can help you to reduce energy costs and waste please email us at This email address is being protected from spambots. You need JavaScript enabled to view it.