Solar & Battery Regulation & Incentive Programs

Xcel Energy - Commercial and Industrial Standard Offer Program

Program Overview


Category:
Financial Incentive
Program Type:
Rebate Program
Implementing Sector:
Utility
State:
Texas
Eligible Storage Technologies:
Refrigerators/Freezers, Lighting, Lighting Controls/Sensors, Chillers, Heat pumps, Air conditioners, Motor VFDs, Processing and Manufacturing Equipment, Custom/Others pending approval, Other EE
Website:
http://www.xcelenergyefficiency.com/TX/Business/COM/
Incentive Amount:
$0.07/kWh saved and $220/kW calculated using deemed savings or a measurement and verification plan
Maximum Incentive:
20% of the total Commercial Standard Offer Program incentive budget
60% project maximum annual load factor
5,256 kWh of energy savings per every 1 kW of demand savings achieved
Equipment Requirements:
Equipment must exceed minimum standards specified in the manual.
Installation Requirements:
Improvements must result in at least 1 kW of peak savings
Administrator:
Xcel Energy
Applicable Sectors:
Commercial, Industrial, Local Government, Nonprofit, State Government
Budget :
$250,000.00
Utility:
Southwestern Public Service Co
Last Updated:
03/15/2019

Eligibility Criteria

EligibilitySectorsTechnologies
$/kWh0.0700
Commercial
Industrial
Local Government
Nonprofit
State Government
Custom/Others pending approval
$/kW220.0000
Commercial
Industrial
Local Government
Nonprofit
State Government
Custom/Others pending approval

Summary

Xcel Energy Large Commercial and Industrial Standard Offer Program (SOP) pays incentives to businesses for retrofit and new construction projects that save energy in peak summer demand periods and are located within Xcel's service territory. Payments to Project Sponsors will be based solely on kW and kWh savings. Any entity that installs eligible energy efficient measures at a facility with electric service provided by Xcel and has a maximum demand of more than 100 kW is eligible to participate in the program. Incentives are paid for both energy and demand savings. Project Sponsors are required to meet minimum eligibility criteria and sign a standard agreement with Xcel, which includes an estimate of how many kW and kWh the project will save and the associated incentive payment amount. Project Sponsors receive incentive payments from Xcel Energy for installing energy efficiency measures. Xcel does not perform any energy efficiency services, nor does it install any efficiency measures directly for end-use customers, but instead contracts with the Project Sponsors, as required by state legislation.