Custom Rebates

For our commercial and industrial customers in IOWA

At Alliant Energy we are committed to helping our customers manage their energy needs by reducing usage and increasing efficiency. If you're considering major energy-saving improvements to your facility, be sure to make Custom Rebates part of your plans. Through the Custom rebates program we offer cash incentives for energy-saving projects that do not qualify for the standard equipment rebates.

Your Alliant Energy account manager will help you determine what new technology can improve your business and estimate your potential energy savings.

Custom Rebates guidelines and incentives

Benefits

In addition to the financial advantages of the Custom Rebate program, you can also benefit from:

• An on-site assessment by your Alliant Energy-IPL representative and/or technical consultant
• Recommendations for energy improvements
• Equipment installation review

Proven results

Hundreds of Midwest businesses, schools and hospitals have achieved significant long-term energy savings with improvements that earn Custom Rebates:

• Success Story: St. Lukes Hospital
  “Together, we’ve been able to cut energy waste and find ways to reduce energy costs without compromising the comfort level for either our patients or our staff.”
• Success Story: Hy-Vee Food Store
  “A large number of choices that make sense economically also make sense environmentally.”

Our Custom Rebates program could be your first step to developing a successful energy management strategy for your business. Participation is simple - just contact your account manager, agribusiness representative or the Business Resource Center at 1-866-ALLIANT (1-866-255-4268).

Custom Rebates guidelines and incentives

Please note: Establishing a project's baseline and calculating a rebate are not always simple tasks. In addition, not all projects qualify for an incentive, and the Custom Rebates program is subject to change without notice.

Before making a commitment to proceed with a project, pre-approval must be obtained from your Alliant Energy-IPL representative.

How do I qualify?

• Custom rebates are available to retail electric and/or natural gas commercial, industrial and agricultural customers of Alliant Energy-IPL in Iowa.
• Energy-efficiency projects must be located within the Alliant Energy-IPL Iowa service territory. You can call 1-866-ALLIANT to verify.
• Energy-efficiency equipment installed as part of a new construction project may qualify for the Custom Rebates program. However we encourage you to look into the Commercial New Construction program before construction begins to maximize your rewards, receive free energy design assistance and additional cash incentives for owners and developers.

How do I apply?

• Contact your Alliant Energy account manager, or call the Business Resource Center at 1-866-ALLIANT.
• Alliant Energy can help you establish your baseline information and calculate your estimated incentive.
  

Eligible equipment

Custom rebates are offered on a variety of high-efficiency measures including:

• Compressed air systems
• Energy management control systems
• Heating and cooling systems
• Lighting fixtures and controls
• Pipe insulation
• Processing equipment
• Refrigeration systems
• Variable frequency drives
• Ventilation systems
• Waste heat recovery systems
• Other equipment that uses electricity or natural gas supplied by Alliant Energy-IPL

Only new equipment and used equipment under warranty will be considered for the program.

Incentive calculation

Before purchasing or installing new equipment, please consult your Alliant Energy-IPL representative who will establish baseline information and calculate your estimated incentive.

Incentives are paid after the project is completed, and in most cases, are equal to 150 percent of the annual energy dollar savings.

The program requires a minimum two-year payback after incentive. This is referred to as “Net Payback” in the following formula:

In other words, to earn an incentive, the net payback for the project must be two years or longer.

Annual energy dollar savings are equal to the estimated savings you will see on your utility bill. If additional energy-consuming equipment is installed in the facility, the savings from any given project may not be apparent on your utility bill.

Baseline guidelines

For a retrofit or replacement project, the baseline used to calculate a Custom Rebate is generally the energy usage for the equipment being replaced. Energy dollar savings for retrofit and replacement projects are actual savings as calculated with in the following guidelines:

• New equipment must meet minimum efficiency levels and be pre-approved by Alliant Energy
• Savings resulting directly from reduced production or shutdown are not eligible
• The baseline for replacing inoperable or worn equipment is the energy consumption of the equipment in its original condition
• Projects must demonstrate permanency or sustainability of savings
• Savings when production levels change shall be calculated based on a per-unit energy consumption before and after implementation

The baseline for a new construction Custom Rebate project varies by equipment type. Your Alliant Energy representative can assist you in determining your project’s eligibility.

Ineligible projects

Equipment powered by renewable energy sources, such as wind and biomass, is not eligible for the Custom Rebates program.

Energy savings associated with fuel switching are also ineligible for the Custom Rebates program. Fuel switching is defined as changing the power source for an existing function or process, such as switching from a fired system to an electric-powered system.

Questions?

Contact your account manager, agribusiness representative or the Business Resource Center at 1-866-ALLIANT (1-866-255-4268).

Download a printer-friendly brochure:

Iowa Commercial & Industrial Cash Rewards [PDF]