Business Lighting Rebate

Lighting can be one of the largest consumers of electricity within a business. Not only do the bulbs themselves require electricity, but they also produce heat – driving up the cooling costs of organizations. Energy-efficient LED lighting creates less heat and uses less electricity.  

Our goal for the Business Lighting Rebate is to promote energy efficiency through the use of new, high-efficiency lighting.

Lighting upgrades usually provide the highest return on investment for companies looking to reduce their energy consumption. With good design, lighting energy use can be reduced by up to 50 percent while maintaining or improving lighting quality. These designs typically pay for themselves, in energy savings alone, within a few years, and offer more benefits in terms of the potential savings for smaller and less costly cooling systems.

How to Qualify for the Business Lighting Rebate

efficient lighting savings image

If your business is served by OVEC, you may qualify for a business lighting rebate. The funds will be used to update your lighting systems so they use less electricity and produce less heat. Here is what you need to qualify:

  • You must own a commercial, industrial, or agricultural business. 
  • You must be a member of OVEC.  
  • You must have more than 10 fixtures to upgrade at your facility.

The rebate amount will be determined before installation. It is calculated through an audit of existing lighting to see what needs to be replaced. The total rebate amount is limited to $30,000 per member per year and will not exceed 40 percent of the total equipment cost.

Many opportunities exist for cost-effective retrofits to existing lighting systems. It is possible to simultaneously increase lighting levels and use less energy if the most efficient technology and practices are used.

Tax Information

Rebates may be taxable, so please consult your tax advisor before applying for this program. If your rebate amount is more than $600, it will be reported to the IRS by your cooperative as income to you on IRS Form 1099, unless you have identified yourself as a corporation or as tax-exempt. Your cooperative is not responsible for any taxes that may be imposed on you, as a result of the rebate.

Call Osage Valley Electric Cooperative to Participate

Take the first steps to implement new energy-efficient lighting in your facility. Contact Osage Valley at 1-660-679-3131, ext 5547. We can help you determine your eligibility and provide the application, lighting tables, and all other necessary information to begin your lighting retrofit project.