Three questions you're asking about Power Smart Express
I was a Product Incentive Program (PIP) customer. How do I transition from PIP to Power Smart Express?
If you're a small or medium business that used to apply for incentives under the Product Incentive Program (PIP), no problem — there's a transition period for switching from PIP to Power Smart Express.
Former PIP customers are eligible for a five-month transition period to accommodate the program change. From May 30 to October 30, 2014 former PIP customers can bypass Power Smart Express' project pre-approval process to access available incentives.
As of November 1, 2014 Power Smart Express' program requirements — including project pre-approval — apply to all program participants.
Power Smart Express has financial incentives that can cover up to 75 per cent of the cost of a project. How will my incentive be calculated?
Incentives are calculated based on a number of project-specific variables, including:
- The kilowatt-hour energy savings your proposed project will achieve annually
- Your business' hours of operation
- The overall cost of your proposed project
The estimated incentive for your project will be calculated when you complete the online application for your project.
I am new to Power Smart Express and did not take part in PIP. How long do I have to wait for my project to be pre-approved?
With Power Smart Express, project pre-approval is required before you purchase or install equipment. Project pre-approval is not a barrier to participation; it's an important first step that helps ensure you have all the right pieces in place to successfully complete your project.
In terms of timing, quick approval is possible, as long as you provide accurate information during registration. This is where a Power Smart Alliance member can help. They know the ins and outs of the Power Smart Express Program, including the project pre-approval process and available financial incentives.
Support is only a referral away. Complete the Power Smart Alliance referral request form.
The Power Smart Alliance is an independent network of registered contractors and distributors who provide solutions to help you find ways to save. It's an excellent resource, especially if you don't have an Energy Manager or electrician on staff. You'll be in good hands.