PPL Electric Utilities is committed to promoting energy efficiency initiatives, including solar and Combined Heat and Power (CHP) projects, by offering enticing incentives to its customers.
A significant shift occurred in 2023 when the program underwent a redesign, opting to provide energy-based incentives equivalent to 3 cents per kilowatt-hour (kWh) saved. This innovative approach incentivizes not only the installation of energy-efficient systems but also the ongoing performance and savings generated by these systems over time.
To qualify for these incentives, participants must demonstrate tangible energy savings achieved through their solar or CHP projects. These savings are calculated based on annual performance metrics, considering factors such as production estimates and actual consumption data or reliable estimates. Before receiving full approval and access to incentives, the reported savings undergo thorough verification processes to ensure accuracy and integrity.
By transitioning to an energy-based incentive model and emphasizing annual performance metrics, PPL Electric Utilities aims to incentivize sustainable energy practices that yield tangible and lasting benefits for both customers and the environment. This approach encourages ongoing monitoring and optimization of energy efficiency measures, fostering a culture of continuous improvement and innovation in the pursuit of a greener, more resilient energy future.
