In an effort to reduce energy consumption some utilities in Michigan are offering businesses up to $1,000,000 in incentives if they can drive down their energy costs. While energy efficiency solutions may not be something that business owners think about daily; $1 million is enough to get anybody thinking.
So now that we got you thinking, let us take a quick look at what we mean by energy efficiency.
Simply put Energy Efficiency means using less energy to perform the same task, which is essentially how you increase profit in a business. But when it comes to this program, it’s not just as simple as changing out a few light bulbs – although that would help reduce your energy costs.
So, what kind of energy efficiency solutions are Indiana utilities paying for?
From DTE Energy:
“DTE Energy is offering a comprehensive set of incentives to facilitate the implementation of cost-effective, energy efficiency improvements for business customer”
Specifically, incentives and rebates are being offered for any Energy-Star rated equipment changes or updates that drive down your energy usages, including LED lighting, HVAC replacements or refurbishments, and an overall rebate for every KWH reduced.
Our advice? Do not get left behind; whether you want to replace primitive, inefficient equipment or have a new construction happening, this program can reduce the initial cost of higher efficiency products.
The result of all this is lower energy usage and savings on your bill!
One of the best ways to reduce costs is to reduce spending. However, it is understandable that your business will need enough power to operate.
Energy efficiency will do just that, we can help you maintain the levels of energy your business needs, but intelligently.
Just like technology improves every day and companies jump on the newest upgrades, those who make the update first come out on top. The same goes for the technology of your current energy equipment.
After all, no one is powering their business with candles anymore.