What are rebates?
It’s not uncommon to want to save money on something as simple as changing over to natural gas when it can save you hundreds in the long run. Unfortunately, not many individuals are aware of the rebate programs that are offered. More companies are encouraging customers to change over to energy-saving equipment by providing rebates. A rebate is a partial refund to someone who has purchased a qualified product. Rebates incite customers to install high-efficiency and energy-saving equipment to attain optimal settings at a lesser cost. Numerous types of equipment can qualify you for a rebate, like hot water boilers, steam boilers, steam traps, etc.
Why do these programs exist?
Rebate programs benefit companies across the world. For example, utility companies set energy savings goals and offer rebates and incentives to encourage customers to reduce their energy consumption. Through these rebates, if utility companies can meet their goals, they can receive extra government funding. Utility companies have your best interest in mind, want you to save energy and money, and are proud to help you. A significant reason these programs exist is to reduce the carbon footprint by going green.
What is an example of a rebate program?
An example of a rebate program is CenterPoint's Conservation Improvement Program (CIP). It requires Minnesota's utility companies to set aside a portion of their revenues for projects that help lower electricity and gas consumption. This program provides rebates and incentives that enable customers to conserve energy by encouraging the purchase or improving the efficiency of various products and processes. Aside from energy-efficient products, utility companies also benefit by investing in infrastructure projects. This helps them avoid the cost of constructing new facilities and services. Without these programs, utility companies would have to spend more to maintain and expand their infrastructure.
CenterPoint Energy CIP:
CenterPoint Energy designs rebates that fit the unique needs of its customers. The following equipment qualifies for rebates.
Commercial and Industrial Rebate Examples:
Commercial Boiler Rebates
Commercial Boiler System Component Rebates
Other Heating System Rebates
Commercial Water Heater Rebates
Industrial Process Equipment Rebates
Custom Rebates
Commercial and Industrial Audit Services
Online Calculator to Estimate Savings
Energy cost and emissions - See the benefits between:
- Natural gas equipment over electricity, propane, and fuel oil
- Natural gas heating systems and geothermal heating systems
Rebate Calculator - Calculate the estimated rebate amount you will receive when taking advantage of any prescriptive rebates.
To talk to a technical sales engineer from CenterPoint Energy or look at the 2021 Commercial Trade Ally Booklet contact Jake Schwietering at 612-321-4386.
Equipment Specific Rebates:
- CenterPoint Energy rebates for Steam Traps
- Xcel Energy rebates for Steam Traps
- Minnesota Energy rebates for Steam Traps
- Great Plains Natural Gas rebates for Steam Trap
- Xcel Energy rebates for Pipe Insulation
- CenterPoint Energy rebates for Pipe Insulation
- Minnesota Energy rebates for Pipe Insulation
- Greater Minnesota Custom Rebates
- Minnesota Energy Custom Rebates
- Xcel Energy Custom Rebates
- CenterPoint Custom Rebates
- Great Plains Natural Gas Custom Rebates
How can Liberty Supply help customers with the submission of these rebates?
Submitting a rebate depends on the company and the equipment. Liberty Supply has relationships with the local utility companies to submit rebates on your behalf.
More information on energy-saving programs and equipment can be found on the CenterPoint Energy website. More information on the Conservation Improvement Program is and how it works.