LED Lighting Rebates

There are different types of rebates offered by utility companies, and the following are a few important ones:

• Prescriptive Lighting Rebates: These are one of the most popular types of rebates offered by utility companies, and they are not made available instantly. The utility company will provide guidelines on energy-efficient upgrades, and the rebate will be delivered only after fulfilling those requirements. There are various specific requirements described by the utility company that offers these rebates. For instance, the utility company will provide a certain incentive on each DLC listed fixture installed at the facility. In short, a user can claim these rebates purchasing the lighting solution described in the guideline document. Although the upfront installation costs will be met by the user, these programs assure wider benefits than several other rebate programs. Also, the rebate is directly offered to the end-user. Many prescriptive lighting rebate programs also assure labor incentives on large projects.
  
  
• Custom Lighting Rebates: These rebate programs are suited for projects that do not meet the requirements of the prescriptive incentive programs or other existing programs. In short, these rebates may apply to those processes or equipment that help reduce energy consumption considerably. Unlike prescriptive lighting programs, where the customer has to work as per the guidelines, here the customer has to prove that a particular update process or equipment update will help save energy. The rebates will be offered based on the amount of KW and kWh saved.
  
  
• Midstream Lighting Rebates: These lighting rebates are designed for manufacturers of energy-efficient products. Midstream lighting rebates also allow manufacturers to encourage their distributors to stock their products. The distributors can easily take advantage of wholesale purchases, and they can pass on their savings to the customers instantly. The distributors can receive reimbursements for the instant rebates offered to customers from the utility program managers.
  
  
• Point of Sale Lighting Rebates: PoS lighting rebates are designed for specific types of products. Users can realize these rebates on small products that they purchase from retailers. For instance, the local utility company may offer $4 rebate on a lamp that costs $10, whereas the store will charge only $6 after deducing the rebate.