What is an LED rebate?
LED rebates are provided by electric companies, or sometimes state and local governments, to help businesses and households purchase energy saving LED lights at steeply discounted prices. Sometimes they can even make the LEDs free!
How do LED rebates work?
The program details can vary widely, but in most cases utility companies or state agencies have set aside money to help their customers purchase energy saving equipment, such as LED lights. You can purchase LED lights and then apply for these rebates, or use the services of a company such as Nularis LED lighting, which will give you your new lights and then apply for the rebates for you. Using Nularis to apply for your lights saves you time, and means you won't have to front the money for the lights and then wait to be reimbursed by the electric company.
Why Do Utilities Offer LED rebates?
Surprisingly, electric companies actually make more money when you use less electricity. There's a couple of reasons for this. In some states, like California, the state will only allow the utility company to raise rates if they reduce electricity production by a certain percentage. Conserving electricity usage also allows utilities to serve a growing population without having to build new power plants.
How do I get a LED rebate for my business?
You can contact your local utility company to see if they have any lighting rebate or incentive programs. Or go to Nularis.com and enter your zip code and business information, and we'll let you know if your business qualifies!