Carbon-Based Rebate Tool: Align Your Rebates With Decarbonization Goals
As an electric utility, you are at the forefront of the transition to a cleaner, more sustainable energy future. The traditional focus on energy conservation is no longer sufficient to meet today’s ambitious decarbonization targets.
To succeed, utility programs need to balance efficiency, electrification, and renewable energy measures while maximizing both carbon reductions and financial benefits.
You set the price.
You set the carbon price and the tool calculates rebates based on how much carbon each measure reduces. Consider state and federal social cost of carbon prices as potential set points, or choose your own. Improve accuracy with other easily customized inputs.
The rebate is calculated for you.
No matter where you set your carbon price, the relative size of each rebate will align with the relative carbon mitigation of each measure. The tool supports economically sound decisions by presenting calculated rebates alongside the net revenue impacts of each measure.
Easily see financial and carbon impacts.
A simple tally sheet allows utilities to track the cumulative financial and carbon impacts of their rebate program.
Designed for utilities to set rebate levels
The tool uses carbon mitigation potential as the metric to determine incentive levels for a wide range of measures, from energy efficient appliances, to heat pumps and electric vehicles, to solar PV and demand response programs.
Key Benefits for Your Utility
By using this carbon-based rebate tool, your utility will not only support state and national climate goals but also enhance customer satisfaction and strengthen your bottom line. It provides a clear, systematic approach to designing energy efficiency and electrification programs that are optimized for decarbonization.
01
Strategic Incentive Setting: Prioritize high-impact measures that provide the greatest carbon reductions and financial returns.
02
Data-Driven Decision Making: Use transparent, customizable inputs to guide decisions that align with your utility’s goals.
03
Greater Customer Engagement: Offer incentives that resonate with climate-conscious and cost-sensitive customers, driving greater adoption of decarbonization measures.
Developed in partnership
With support of The Massachusetts Municipal Wholesale Electric Company (MMWEC) and with funding from the American Public Power Association (APPA).
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Ipswich Electric
Program Manager
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Smith University
Facilities Manager
Make data-driven decisions with the right tool
Let’s work together to create a sustainable future for your utility and your community.
