Most states offer energy incentive programs to help offset energy costs. The Federal Energy Management Program’s (FEMP) Energy Incentive Program helps businesses take advantage of these incentives by providing information about the funding-program opportunities available in each state.
FEMP is authorized by statute to develop guidelines for the implementation of utility incentive programs authorized under 42 U.S.C. § 8256.
FEMP provides information about the availability of energy-efficiency and renewable-energy project funding for:
- Public purpose programs administered by utilities, state agencies, or other third parties and paid for by utility ratepayers, typically through a non-bypassable system benefits charge instituted as part of restructuring legislation or rules
- Utility programs administered by the local utility and paid for by utility ratepayers through their bundled rates
- Programs sponsored by state agencies designed to promote energy efficiency and renewable energy and typically funded out of general tax revenues
- Demand-response and load-management programs, which offer incentives to curtail demand during peak energy use periods in response to system reliability or market conditions.