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Compressed Air - CO
Compressed Air
Colorado businesses reduce costs and earn rebates
Overview
Colorado businesses can earn significant rebates and reduce costs through better performance when you use our Compressed Air Efficiency study and rebates. According to the Department of Energy, most of the money you spend on your compressed air system is on energy, not equipment:
- Energy costs for inefficient systems can account for up to 76% of lifetime equipment costs.
- Just a single 1/8” hole can cost you up to $2,000 in wasted energy costs each year.
A leaky, wasteful or inefficient compressed air system costs you money.
Learn ways to reduce waste and minimize your operating expenses through our Compressed Air study (preapproval required) and get the most out of your compressed air system reducing your energy costs and improving productivity.
We offer study funding and rebates that help you implement equipment updates or improvements resulting in lower energy use or higher production. This offsets your purchase costs while improving payback and return on investment.
Benefits
When you take advantage of our Compressed Air Efficiency study and rebates, you:
- Receive funding for a study on how to improve your compressed air system.
- Can earn substantial rebates.
- Offset upfront costs and shorten payback periods on new equipment.
- Reduce your air waste as much as 50%.
- Improve productivity and increase your profitability.
- Enhance your system knowledge.
Details
In two steps, we will help you identify and implement ways to avoid wasting energy and to start saving money and energy with your compressed air system.
- Conduct a Compressed Air Study (preapproval required) – We’ll analyze your supply and demand usage via air flow and/or electric metering. The report will identify leaks, wastes and associated costs and offer recommendations and financial analysis.
- Implement study measures (recommended system upgrades) – When you implement identified eligible measures from the study; you can receive rebates that improve your return on investment. Customers who participate in a preapproved Compressed Air Efficiency study can receive up to $600 per kW saved.
| Compressed Air System Size (HP) | Eligibility | Funding Offer |
|---|---|---|
| Less than 50 hp | Not available | Not Available |
| 50 – 99 hp | Once every five years | $2,500 |
| 100 hp or greater | Once every five years | 75% up to $15,000 |
| Equipment | Eligibility | Rebate Offer |
|---|---|---|
| No loss air drains | Per valve | $200/valve |
| Integrated VFD compressors <50HP> | 10 to 24 hp | $4,000 |
| 25 to 49 hp | $4,500 | |
| Custom rebates - requires preapproval | Outside the prescriptive rebate parameters; must meet TRC and payback requirements | $600/KW saved |
Who Qualifies
To qualify, you must:
- Be a business electricity customer of Xcel Energy in Colorado.
- Receive preapproval (submit study application).
How to Get Started
For Studies
- Select a compressed air vendor from the list of participating providers.
- With your vendor, complete and submit the study application for preapproval.
- Submit your completed report for study reimbursement.
For Equipment and Project Rebates
- Pursue prescriptive rebates on variable speed compressors or no loss air drains.
- Pursue custom rebates for process or equipment improvements identified in your report. Custom rebates require preapproval before purchasing (see application for details).
- Complete and submit the appropriate application.
Additional Information
If you have any questions regarding our Compressed Air Efficiency study and rebates, call us at 1-800-481-4700 or email energyefficiency@XcelEnergy.com.
