INBALANCE works with our partners at utilities, government agencies and lenders to find savings for each building and power solution project.
Utility Rebate Programs
Utility companies throughout the United States are required by mandate to offer incentive rebate programs for commercial rate customers who wish to invest in energy reduction initiatives. ComEd’s Smart Ideas for Your Business program provides financial incentives to help you achieve your energy efficiency goals. As an authorized ComEd Trade Ally, INBALANCE can serve as your agent in applying for available rebates.
Lease/Purchasing & Financing
Getting started is the hardest part. Make the initial capital investment by paying for improvements over time out of additional operating capital that is made available from the savings produced by our solutions. INBALANCE projects are ideal for lease/purchasing or financing and we can arrange the financing if so desired at a competitive rate.
There are millions of dollars available through government and private foundations for sustainability projects. Green Grants are available to organizations for projects that meet specific sustainability requirements, and can be given in advance of the project start. INBALANCE works with groups such as the Illinois Clean Energy Community Foundation to distribute grants for energy efficient building designs.
EPAct Tax Deductions
In 2005, the IRS adopted an energy certification process for building owners to take advantage of energy reduction capital projects. Deductions range from $.60/ft2 to $1.80/ft2. We are experts at determining how to best apply the EPAct Tax Deduction to increase your return on investment and improve efficiencies – all with the goal of reducing operating expenses and obtaining additional tax deductions or credits.
When a building is demolished or renovated, and old lighting, HVAC units, electrical equipment and other building components are removed, these assets are considered abandoned. As such, their book value can be treated as a business deduction. INBALANCE works with accountants to capture value from abandoned equipment.
Solar Power Purchase Agreements (PPAs)
The PPA is the leading finance vehicle for solar projects. Under this type of agreement a third-party developer designs, installs, owns, operates, and maintains the solar photovoltaic (PV) system on the host property while a host customer agrees to site the system on its roof or property and purchases the system’s electric output at a stable, and typically lower cost.
To discuss project financing options that are right for your company, contact an INBALANCE representative.