Implementing Sector: | Utility |
Category: | Financial Incentive |
State: | Iowa |
Incentive Type: | Rebate Program |
Web Site: | http://www.midamericanenergy.com/ee/ia_bus_comm_new_construction.aspx |
Administrator: | MidAmerican Energy |
Eligible Efficiency Technologies: | Comprehensive Measures/Whole Building, Custom/Others pending approval |
MidAmerican Energy's Commercial New Construction Program offers incentives to businesses for energy-efficient construction and design of new or pre-existing buildings. A minimum energy savings of 15% beyond that required by the state of Iowa code is required to qualify.
Participants receive complimentary energy design assistance and a customized energy model that simulates energy use for the project demonstrating which efficiency strategies have the greatest impact and are most cost-effective. Through a series of meetings, strategies are selected by the owner and design team, with the assistance of an energy design consultant.
Design Team Incentive
Design incentives are based on the square footage and type of building. A design team incentive is provided to the owner’s team of professionals assisting in the Commercial New Construction program to help offset expenses associated with program participation. Design Team incentives start at $1,000 for buildings of 5,000 - 15,000 square feet and extend to $8,500 for buildings larger than 15,000 square feet that use advanced custom efficiency strategies that produce energy savings of at least 40%.
Construction Incentive
Construction Incentives are paid to the building owner based on the kilowatt-hour (kWh) or therm savings modeled and verified as installed by an independent modeler contracted by MidAmerican Energy. Construction incentives range from $0.06 to $0.19 per kWh saved and $0.60 to $1.90 per therm saved. The independent modeler will analyze potential energy savings and produce a final energy verification report. Customers who participate in this program are ineligible for rebates from other MidAmerican EnergyAdvantage programs. See the program website for more details.
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