75% of 50% of the total cost (additional measure caps may apply)
A Tiered system, based on the total project costs, determines what percentage of the eligible calculated credit is available to the applicant
75% the lesser of the AEP Ohio calculated credit or 50% of total project costs
AEP Ohio offers incentives for commercial customers who have implemented energy efficiency upgrades as if the customer commits the energy efficiency savings and/or peak demand reductions to AEP Ohio (subject to Public Utilities Commission of Ohio approval). The program is open non-residential customers of AEP Ohio that use more than 700,000 kWh per year or who are part of a national account that involve multiple facilities in one or more states. Only energy efficiency upgrades implemented since January 1, 2008 are eligible. Interested customers must apply first to AEP Ohio, who will review the application and make suggested modifications. Then the application will be submitted to the Public Utilities Commission of Ohio (PUCO) for review and final determination. If the incentive is awarded, the customer may choose to receive a rebate which is 75% the lesser of the AEP Ohio calculated credit or 50% of total project costs. A sliding scale incentive reduction will be incorporated when the calculated incentive exceeds $100,000 per project. Visit the program web site for additional qualifications and application information.
*Ohio passed its Energy Efficiency Standards May 2008 (SB 221) requiring utilities to implement energy efficiency programs that achieve over 22% energy savings by 2025 (with incremental benchmark savings required each year). The same bill established Ohio's Alternative Energy Resource Standard (AERS) requiring that 25% of the total number of kilowatt hours of electricity sold to customers come from renewable and alternative energy resources, including efficiency. See DSIRE's AERS record for more information.
All equipment installed must have been new