Utilities and government agencies currently offer over $1 billion in funds to offset the costs of energy efficiency capital improvements made to commercial facilities. Prenova works with customers to identify those sites and investments (new, currently remodeling, or existing) which qualify for rebates from state or federal governments, utilities, or other agencies, or for tax credits under the Energy Act of 2005. Prenova handles the administration in applying for and obtaining the rebates or tax credits on the customer’s behalf.

Problem:  Most organizations do not have the staff or tools to research and retain an up-to-date, comprehensive database that keeps track of all rebate/market programs and match them to planned improvements.  Additionally, ensuring that energy efficiency capital improvements covered under existing market programs are prioritized, timed appropriately, verified, and submitted correctly is a daunting task across a widely dispersed portfolio.  How does a company secure the maximum return on energy-related capital investments by taking advantage of existing programs to offset capital expenditures?