AEP Ohio - Commercial Custom Project Rebate Program (Ohio)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Ohio

Name AEP Ohio - Commercial Custom Project Rebate Program
Incentive Type Utility Rebate Program
Applicable Sector Commercial, Fed. Government, Industrial, Institutional, Local Government, Nonprofit, Schools, State Government, Tribal Government
Eligible Technologies Boilers, Central Air conditioners, Chillers, Custom/Others pending approval, Furnaces, Heat pumps, Heat recovery, Lighting, Lighting Controls/Sensors, Processing and Manufacturing Equipment, Refrigerators, Unspecified technologies
Active Incentive Yes

Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount 0.08/kWh (for one year energy savings) plus 100/kW AEP's demand reduction (at summer peak)




Eligible System Size Must have a minimum of 1 year simple payback or maximum of 7 years simple payback without the incentive

Equipment Requirements All equipment must be new and not covered by other AEP incentive programs.








Maximum Incentive 50% of cost up to $300,000/project

$600,000/year

Sliding scale incentive reduction when calculated incentive exceeds $160,000/project.











Program Administrator AEP Ohio
Website https://www.aepohio.com/save/programs/CustomProgram.aspx
Date added to DSIRE 2009-07-15
Last DSIRE Review 2012-08-21
Last Substantive Modification
to Summary by DSIRE
2012-03-06


References DSIRE[1]


Summary

AEP Ohio offers commercial customers incentives to upgrade inefficient equipment in their facilities.* The program is open to all non-residential customers of AEP Ohio. Interested customers must apply for pre-approval before purchasing any equipment or carrying out the project to reserve funds. Types of high efficiency equipment eligible under this program include industrial process improvements, refrigeration, controls, non-standard lighting (those that do not qualify under the Commercial Lighting Program), HVAC system replacements, and other technologies that reduce energy consumption and peak demand. The incentive payment is capped at 50% of the total project cost. Visit the program website for additional qualifications and application information.


*Ohio passed its Energy Efficiency Standards May 2008 (SB 221) requiring utilities to implement energy efficiency programs that achieve over 22% energy savings by 2025 (with incremental benchmark savings required each year). The same bill established Ohio's Alternative Energy Resource Standard (AERS) requiring that 25% of the total number of kilowatt hours of electricity sold to customers come from renewable and alternative energy resources, including efficiency. See DSIRE's AERS record for more information.


Incentive Contact

Contact Name Rick Sullivan
Department AEP Ohio

Address 6031 East Main Street
Address 2 Suite 190
Place Columbus, Ohio
Zip/Postal Code 43213
Phone (330) 438-7825


Email rwsullivan@aep.com
Website https://www.aepohio.com/save/programs/
     
     


















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"