Standard Offer

Colorado businesses with can earn energy savings, gain rebates and benefit from energy expertise with our Standard Offer program. The Standard Offer provides rebates for Technical Energy Audits (TEA) and for the installation of energy-saving measures identified through those studies.

Rebates are determined based on the bundle of measures to be installed instead of evaluating each type of equipment separately. There is a three-year period after installation where the savings and rebates are reconciled to verify that the project has produced the appropriate level of conservation.

When you take advantage of our Standard Offer, you can:

• Receive energy and technical expertise to evaluate your facilities and uncover energy savings.
• Benefit from a rebate (up to 50%) off the cost of a Technical Energy Audit.
• Bundle energy savings measures to maximize your implementation rebate.

Rebates for Technical Energy Audits (TEA) and Installation of Energy-Saving Measures

• Technical Energy Audit Rebate = 50% of the cost of the study with a cap of $0.10/sq. ft.
• Implementation Rebate = $250/kilowatt (kW) reduced + $0.05/kilowatt-hour (kWh) conserved + $7/dekatherm (dth) saved.

Rebates require preapproval prior to you committing to a study or any equipment installation.

Program Details

1. Walk-through and Technical Energy Audit (TEA): An Energy Services Company (ESCO) representative, engineering firm or Xcel Energy account manager will walk you through your facilities to confirm conservation potential exists. Then, the TEA audit is completed which includes identifying a bundle of energy-saving measures.
2. Implementation Preapproval: We review and pre-approve the bundle of proposed energy-saving measures and define the pre- and post-monitoring requirements.
3. Project Implementation: Energy-saving measures are installed.
4. Monitoring Requirements: After the project is complete, we evaluate the savings annually for three years. If the variation is greater than 10% the rebate is adjusted. This may include additional payment from the utility or the customer refunding dollars initially paid out.

To qualify, you must:

• Be a business (electricity and/or natural gas) customer of Xcel Energy, Inc. in Colorado.

For customers participating in the Governor’s Energy Office (GEO) Performance Contracting Program, additional resources are available.

Call your account manager now to discuss participating.

1. An ESCO representative, engineering firm or Xcel Energy account manager will walk you through your facilities to confirm that conservation potential exists. Complete and submit a proposal for a TEA or Statement of Work, a cost estimate and TEA Preapproval Application.
2. Once you receive preapproval and are notified of the TEA rebate amount, complete the TEA audit. (Preapprovals are valid for 24 months.) Then, complete and submit:
   • Measures Application
   • Final TEA
   • Required back-up calculations (provided by ESCO/engineering firm).
3. We will review and pre-approve the final bundle of proposed energy-saving measures for a rebate and define the pre- and post-monitoring requirements. You will then receive the preapproval letter and a monitoring agreement. Then, complete and submit:
   • TEA Preapproval Application
   • TEA Invoice
   • Final TEA Study
   • Commitment to Construction
   • Monitoring Agreement
4. Install energy-saving measures. Notify your Xcel Energy account manager that all equipment has been installed. Then, complete and submit:
   • Measures Application
   • Signed Monitoring Agreement
   • Xcel Energy account manager verifies that your project is completely installed and operational
   • Final Invoices
5. Once project is complete, we will evaluate the savings annually for three years.

Applications

If you have any questions about our Standard Offer, please call your Xcel Energy account manager.

For customers participating in the Governor’s Energy Office (GEO) Performance Contracting Program, additional resources are available.