Incentives, Tax Credits and Financing Make Green Energy Projects Feasible
Qualifying for California’s incentives, rebates, and financing programs makes large sources of capital available to you, so you can comfortably manage the up-front cost of energy efficiency improvements. Green Econome’s team of experts maintains a high level of competency when it comes to helping our clients determine their eligibility for incentives and financing options. This includes Property Assessed Clean Energy (PACE) financing, which gives property owners the means to finance the upfront pricing of energy projects and pay back costs via property tax assessments.
Additionally, Green Econome targets utility incentive programs including Los Angeles Department of Water and Power’s (LADWP) Commercial Lighting Incentive Program (CLIP), Custom Performance Program (CPP), and SoCalGas and Southern California Edison Third Party Energy Efficiency Programs.
For developers wanting to take advantage of the new Inflation Reduction Act tax credits, design teams can also benefit from new construction incentives in Los Angeles with LADWP’s Zero By Design Program and throughout California with the California Energy Design Assistance (CEDA) Program. Green Econome is a top program contributor, and recognized CEDA Sustainability Star.
No matter the incentive, from start to finish we determine what options are available to you then continue by managing the application processes on your behalf. We make implementing energy efficiency measures work for you.
KEY SERVICES
Existing Buildings Utility and Regional Incentive Programs
Determine eligibility for incentives for efficiency retrofit projects
Incentive application submission and management
New Construction Utility Incentive Programs
Determine eligibility for incentives for new construction or major renovations
Incentive application submission and management
Tax Credits and Deductions
Advise on available tax-related incentive programs for past, current, or future projects or property purchased
Refer vetted tax specialists for 179D and Cost Segregation
Financing
Property Assessed Clean Energy (PACE)
Utility On-Bill Financing (OBF)
Advise on available financing options
Refer vetted financing companies or programs
UTILITY AND REGIONAL INCENTIVES
Existing Buildings Utility and Regional Incentive Programs
Los Angeles Department of Water and Power (LADWP): Commercial Lighting Incentive Program (CLIP)
Los Angeles Department of Water and Power (LADWP): Custom Performance Program (CPP)
Los Angeles Department of Water and Power (LADWP) Zero By Design New Construction Incentive Program
SoCal Gas Rebates and Incentive Programs
LADWP: Commercial Water Savings
Metropolitan Water District of Southern California: SoCal Water$smart
RELEVANT PROJECTS
Corbin Ave: Office Building Lighting Retrofit
Working within a tight budget, this Class B office building saved 21% in energy, and nearly half the project cost through the LADWP CLIP incentive.
Manufacturing: Energy Efficiency Audit & Retrofit
Energy efficiency audit reveals 1.2-year payback through LED lighting and HVAC controls across three plants at this manufacturing facility.
Russell Jensen, The Pango Group
Working with Green Econome has greatly helped my understanding of our consumption of power by tracking our usage, setting up our thermostats for optimal settings, and applying for local rebates. We as a company have become more responsible to all our stakeholders. Thank you Green Econome!