Construction Path:
Incentive Rates and Requirements
The Construction Path offers a construction-only incentive
and a performance monitoring incentive.
Requirements
To receive the construction incentive (without early engagement):
- Submit a full set of construction drawings to your program representative to review.
- Program representative will provide an energy model and Savings and Incentive Report with the estimated construction incentive value and estimated energy savings.
- The program will conduct a site visit to verify that the energy efficiency measures included in drawings were installed.
- After the verification stage, the Program will issue a Savings Verification Report with the final incentive value, and the construction incentive will be issued.
- Completed buildings have up to 6 months from project completion to participate.
- The building must perform better than code baseline to receive the incentive.
- Projects must be served by Rocky Mountain Power to receive incentives.
To receive the performance monitoring incentive:
- Projects may receive the performance monitoring incentive after they have collected a year’s worth of meter data.
- The building must not exceed more than 10% of the modeled yearly energy usage to qualify.
- The project has a total of two years to produce one year’s worth of meter data aligning with the energy model. Energy monitoring can start after the building is occupied. The implementor will provide the energy usage data compared to the buildings modeled performance in quarterly reports to the customer.
INCENTIVES FOR WHOLE BUILDING NEW CONSTRUCTION
| Incentive Phase | Eligibility Requirements | Small Project<20,000 SQ. FT. | Medium Project≥20,000 SQ. FT. <75,000 SQ. FT. | Large Project≥75,000 SQ. FT. |
|---|---|---|---|---|
| Construction Incentive - Building With Standard HVAC Systems | Projects installing a gas boiler chiller system, standard heat pumps, PTACs, and other code-standard HVAC systems. | $0.17/kWh | $0.15/kWh | $0.12/kWh |
| Construction Incentive - Building With Gas Unit Heaters and Gas-Fired RTUs | Projects installing gas unit heaters and gas-fired RTUs as the primary source of heat for a project. | $0.09/kWh | $0.07/kWh | $0.06/kWh |
| Construction Incentive - Building With Combined Electric HVAC Systems and Gas HVAC Systems | Projects installing electric HVAC systems in one part of the building and gas HVAC system in another part of the building. Common example includes a building installing VRF in the office space and unit heaters in the manufacturing space. | $0.20/kWh | $0.17/kWh | $0.15/kWh |
| Construction Incentive - Building With Electric HVAC Systems | Must install primarily electric HVAC systems in the building, such as VRF or ground source heat pumps. Gas backup and gas DOAS are acceptable. | $0.55/kWh | $0.50/kWh | $0.45/kWh |
| Meter Based Performance Incentive | Must commit to meter-based verification of savings to not exceeding 110% of modeled target savings. Incentive is paid to building owner. | $0.05/kWh ($75,000 max) | ||