mPOWER Placerhelping local businesses turn a new shade of green!
Last Updated: 5/5/2014
If you thought making your commercial property more energy efficient was too expensive... think again. There are a variety of ways to make your property more efficient and reduce your monthly utility bills.
mPOWER Placer makes it easy to make your property more efficient, help protect the environment and increase your property value by providing financing for water and energy efficiency improvements as well as solar and other power generation technologies to multi-family, commercial, industrial and agricultural property owners in Placer County.
mPOWER Makes Business Sense!
- No money down
- Fixed 6% interest rate
- Easy to apply
- Financed amount is repaid on your property tax bill until paid in full
- Financed amount is based on value of the property
- Unpaid amount remains with the property if it is sold and the new owner assumes the annual payments on the property tax bill.
- Eligible improvements include upgrading aging gas and electric HVAC and water heating systems with high efficiency units, upgrading inefficient lighting as well as installing renewable energy generation systems and water conservation measures.
Several local businesses have taken advantage of this program. ABCD Holdings recently retrofitted an office building in Roseville via mPOWER Placer financing, installing a $72,000 13.8 kw DC Solar System. While the cost may have caught your eye, what's most impressive are the rebates, tax credits and deductions which brought the net cost down to $6,300 - less than 10% of the project cost. ABCD Holdings should recoup their costs in less than two years as a result of lower monthly utility bills. As energy costs rise, ABCD Holdings’ savings will grow exponentially.Take Control of Your Energy Costs
There is great potential for businesses to reduce their operating costs through energy management. Effective energy management starts with a commitment to continuous energy efficiency improvements. By evaluating the energy usage of business operations an energy conservation road map can be developed.
The first step toward developing an energy conservation plan is obtaining an energy audit from Roseville Electric which will identify where your building is losing energy. Energy audits also evaluate the energy efficiency of building systems such as heating, cooling, and water usage. By making the recommended energy efficiency improvements, your business will save energy, increase capital, and enhance the comfort level of your customers and employees. The energy audit will also project the length of time it will take to recover the amount spent on upgrades (payback period) for identified upgrades, as well as a savings and cost benefit analysis of the identified improvements.
For more information about mPOWER Placer, please visit www.mpowerplacer.org, email us at firstname.lastname@example.org or call us at (530) 745-3590.*Rates, terms, fees and conditions are subject to change at any time.