High Return on Investment
Every Maneri~Agraz energy efficient lighting project delivers a high return on investment for our clients. Our lighting design team will fanatically pursue and uncover every financial incentive available and design each project to maximize these incentives. We typically deliver ROI’s in the range of 50% – 100% when we can optimize the incentives shown below.
Utility Rebates
Most utility companies are under pressure from their local Public Utility Commissions to reduce their peak demand through the offering of “rebates” or incentives for large commercial and industrial users of electricity who install energy efficient lighting products that reduce peak demand.
This can be a very confusing and complicated process for most people outside of the lighting industry, so Maneri~Agraz locates the utility that will provide incentives for your facility, determines which program will maximize your rebate, and then designs your project to meet all of the program criteria.
We take it one step further and guarantee the rebate value to clients by allowing them to net it out of a purchase order. This leaves only Maneri~Agraz at risk for ensuring that the project meets the program criteria and the actual collection of the rebate value.
Rebates typically pay for 25%-70% of the total cost of a turn key lighting project.
Federal Tax Deductions:
In addition to utility rebates, the federal government offers a federal tax deduction up to $0.60 per square foot of qualified space through legislation titled EPACT 2005 (Energy Policy Act of 2005). Projects must meet strict compliance criteria to maximize this tax incentive.
The Maneri~Agraz lighting team understands all aspects of these compliance issues and will design your project to incorporate as many areas as possible in a cost effective manner. For areas that have compliance issues such as the need for lighting controls, we will deliver a separate compliance cost proposal along with the tax benefit it will purchase, and the client can then make an educated decision as to the cost effectiveness.
State Tax Credits:
Currently the state of Georgia offers a state tax CREDIT of $0.60 per square foot through a program that mimics the federal EPACT program requirements. If your facility is in Georgia, you can double dip on these two tax incentives, which provide for a very high ROI project.
