Energy Saving Resources for Businesses
Boost your bottom line with energy efficiency.
Businesses large, small, and everywhere in between find that improving energy efficiency is an easy way to reduce overhead expenses and even improve productivity. Nonprofits can join in the savings too!
Here are some resources to help you get started going green, making your improvements affordable, and finding smart answers to your energy questions.
Additionally, there are more resources available on the Energy Star Website.
If you have any questions about where to start saving energy, check in with the business solutions center for support — it’s free to reach out!
Xcel Energy’s Business Solutions Center has a team of dedicated energy advisors to guide you on everything from improving equipment performance to filling out rebate forms — all designed to help you save time and money.
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Here are some easy (and free!) ways to explore your business’s opportunities for efficiency.
The One-Stop Efficiency Shop® is a full-service program available to Xcel Energy's Minnesota small business customers (those with a monthly electric demand of 400 kilowatts or less). One-Stop representatives can offer suggestions to improve lighting and HVAC systems, and they will walk with you through all the steps to savings — from the initial audit to submitting rebate paperwork.
Refrigeration systems can be a significant source of energy use in grocery, liquor, and convenience stores. Xcel Energy’s free, on-site refrigeration assessments offer a convenient way to determine how your business can reduce energy use and costs. Plus, you'll receive complimentary, energy-saving products that will be installed on the spot. Xcel Energy electric customers with a peak monthly demand of 400 kilowatts or less are eligible.
An Energy Smart staff member will walk through your facility, look at energy-consuming equipment, and identify strategies to reduce energy usage.
You receive a summary indicating top energy-saving opportunities, next steps, and a list of the financial incentives that may available. Energy conservation improvement options will be broken down by level of opportunity to provide a great sense of which opportunities are most promising.
Whole Building Energy Audits and Assessments
When your business needs more information to make the right decisions and get the most from an energy efficiency project, there are resources to help. Larger businesses and those with specific needs can especially benefit from the assessments and studies listed below.
If you have an Xcel Energy account manager, you can always reach out to them with any questions about how to save energy.
With Turn Key Services, an energy advisor will conduct an ASHRAE Level 1 assessment at your facility to identify what types of equipment upgrades would have the biggest impact on reducing your energy costs. Plus, if your building is less than 250,000 square feet, you'll also receive a recommissioning or tune-up analysis to identify low- and no-cost adjustments that can be made to existing equipment to reduce energy use.
Energy Assessments & System Studies
When you need smart insights and great advice, Xcel Energy offers other energy assessments and system studies to keep you and your organization in the lead. Visit Xcel Energy’s website to see which of these may be a good fit for your company or organization.
There are valuable rebates available for a wide variety energy efficiency projects. You can learn about program specifics, including updates and new offerings, by calling 855-839-8862.
Save energy and money by taking steps to boost the efficiency of your HVAC and refrigeration systems. Or, if it’s time for a replacement, upgrade to a high-efficiency system. You can earn rebates on a wide range of energy efficient equipment.
A great option for restaurants: Xcel Energy offers rebates for efficient foodservice equipment to help offset the initial cost of installation. With new, efficient equipment, you’ll enjoy energy savings and lower operating costs year after year.
Save your business money with lighting efficiency improvements. With Xcel Energy’s lighting rebates, you can lower your upfront costs and speed up payback on a wide range of lighting efficiency improvement projects, including LED upgrades.
If you want to install energy-saving equipment for your business that doesn’t fit under an existing rebate category, there’s still a great option to receive an incentive for those savings! This program is designed for projects and equipment that save energy but do not meet the requirements for standard rebate offerings. You must get pre-approval before purchasing equipment or making improvements in order to qualify.
PACE is a new way to ﬁnance energy efﬁciency and renewable energy upgrades for commercial property owners. Project ﬁnancing is repaid as a separate item on the owner’s property tax assessment for a set period. PACE eliminates the burden of upfront costs by providing low-cost, long-term ﬁnancing.
Trillion BTU Financing can cover up to 100% of the costs for energy projects and is offered through a partnership between The Saint Paul Port Authority, Xcel Energy, the Center for Energy and Environment (CEE), the Minnesota Legislature and the U.S. Department of Energy, with Xcel Energy covering most of the program’s operating expenses.
Commercial Energy Efficiency Loan Program
The Commercial Energy Efﬁciency Loan Program provides up to $100,000 in ﬁnancing to businesses making cost-effective energy efﬁciency improvements.
Nonproﬁt organizations interested in making energy upgrades can apply for loans of up to $25,000 through the Energy Savings Fund for Nonproﬁts.