Investing in your business isn't cheap. Big up-front costs for down-the-road savings is the norm, especially when it comes to energy-efficiency.

If you're a business owner, an Xcel Energy customer, and upgraded to energy-efficient appliances & equipment this year, you probably have a rebate waiting for you! The deadline to apply is fast-approaching.

Rebates From Xcel Energy Available to Business Owners

Some more-specific information in bullet-point form:

Lighting (purchased between April 1st, 2024, through November 15th, 2024)

  • 100% bonus rebate on LED tubes
  • 50% bonus rebate for screw-in lamps
  • 25% bonus rebate for interior & exterior lighting, and grow lighting
  • 10% bonus rebate for at least three fixture categories installed on the same application, up to $5000

Complete info for lighting rebates here

Food Service Equipment (invoices dated April 1st, 2024 - November 15th, 2024)

  • 10% bonus rebate on gas equipment

Complete info for food service equipment here

Variable Frequency Drives (VFD)(invoices dated April 30th, 2024 - November 15th, 2024)

Compressed Air (invoices dated between April 1st, 2024 - November 15th, 2024)

  • 25% bonus rebate for compressed air prescriptive equipment upgrades

Rebate applications must be applied for by December 1st.

All rebates, with bonuses, are capped at 75% of labor plus equipment costs.

Of course, this is only for business owners who are Xcel Energy customers.

Any chance to get some money back - especially after investing it in energy-efficient equipment - is a big plus.

It's never a bad idea to plan ahead to next year, too.

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