There may be an opportunity for additional incentives for projects that exceed 2 000.
Government rebates for led lighting.
The nsw government has a scheme that provides incentives for households and businesses to reduce their energy use.
Tax credits for residential energy efficiency have now been extended retroactively through december 31 2020.
Led lights for example can reduce consumption by as much as 80 90 with controls per fixture.
Why should you participate.
The federal government and local municipalities offer a number of incentives and government rebates for led lighting.
The tax credit for builders of energy efficient homes and tax deductions for energy efficient commercial buildings have also been retroactively extended through december 31 2020.
Some projects will be fully covered by the program while others may only be partially funded.
Rebates grants and incentives government incentive programs rebates and grants the following government rebate and co investment schemes offer opportunities to further reduce the payback period and improve the return on investment for lighting retrofit projects.
So to incentivize their customers they offer them rebates to install more efficient product that lowers consumption.
Incentives of up to 2 000 may be provided for new energy efficient lighting including the cost of materials and labour note.
For example there are many types of led lighting rebates available that fall into this category.
Federal income tax credits and other incentives for energy efficiency.
Usage of many of usaveled s energy efficient led lighting options qualifies businesses and commercial property owners for these governmental rebates and incentives.
A prescriptive rebate is when a utility cost offers a predetermined dollar amount for a specific type of fixture that you re planning on installing.
How does it work.
To get the offer contact an approved supplier in your region.
Assess your lighting needs either by phone or by visiting you.
Local and federal rebates and incentives can help offset the cost of installing energy efficient led lighting in addition to the operational savings recognized through lower utility and maintenance costs.