FEASIBILITY STUDIES

FEASIBILITY STUDIES

Do you have a project or system upgrade in mind for your facility that you think will save energy, and need a better understanding of your options and potential costs? A Feasibility Study can quantify the technical viability, potential energy savings, and overall project economics.

This program is ideal for industrial, commercial, or agricultural facilities that rely on technologies such as the following: 

  • Compressed air
  • Pumps, fans, and blowers
  • Refrigeration
  • Variable speed drives
  • Steam and water boiler systems
  • Ventilation
  • Waste heat recovery
  • Other process equipment

We offer financial incentives of 50% of the study cost, up to a maximum incentive of $20,000. 

A third-party consultant of your choice will conduct a comprehensive study of your potential project, which will quantify the costs, benefits, and savings associated with the project. If you decide to move forward with the project, you can use the information from the study to apply for incentives through our Custom Energy Solutions Program for your energy efficiency upgrades. 

Only studies that evaluate electricity and natural gas savings will be considered. 

See our Feasibility Study Guide for more information. 

STEPS TO PARTICIPATE

  1. TELL US ABOUT YOUR PROJECT

    Fill out our questionnaire and describe the energy-saving project you want to evaluate. Well review it to confirm your project is eligible.

  2. CHOOSE A CONSULTANT

    Once we’ve determined youre eligible, choose a third-party consultant to conduct the Feasibility Study for you. 

  3. SUBMIT YOUR APPLICATION

    Submit your Feasibility Study Financial Incentive Application form along with a Feasibility Study proposal (based on the outline in the Feasibility Study guide) to us. 

  4. CONDUCT THE STUDY

    Once weve approved your application, the third-party consultant youve chosen can proceed with the study. The study must be completed within 12 months from the time we approve your application. 

  5. SUBMIT PAPERWORK FOR PAYMENT

    Once the study is complete, submit the Feasibility Study Report prepared by your consultant along with your invoice to us. We’ll review your report and send you an incentive. 

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