Incentives
Funds are available for Small
Projects and Large
Projects.
FUNDING
Funding is available for two project types: Large Res SOP projects and Small
Projects.
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Funding for 2010
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Small Projects
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$184,000
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Large Projects
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$816,000
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FUNDING LIMITATIONS
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Maximum Incentive
to Project Sponsor
2010
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Small Projects
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$20,000 ($5,000 max per request)
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Large Projects
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$60,000
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A Project Sponsor may submit multiple projects, as long as the total incentive
from all such projects does not exceed the above limits.
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These limits may be waived if Entergy determines that these limits prevent it
from achieving its energy efficiency goal.
HOW FUNDING IS RESERVED
Funds are reserved for qualified project sponsors with approved applications
on a first-come, first-served basis.
INCENTIVE PRICING
Standard incentive prices are offered for demand savings and energy savings.
For residential and small commercial customers, the incentive prices may not
exceed 50% of the avoided cost of supplying electricity.
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Incentives for RES 2010 Program:
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$ Incentive/kW
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$ Incentive/ kWh
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Standard (all other measures)
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$265
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$0.091
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Ceiling Insulation
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$500
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$0.20
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Central AC or HP Replacements
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$477
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$0.16
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Window AC Replacement Only
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$494
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$0.33
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Window AC Replacement +Duct Sealing
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$477
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$0.284
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INCENTIVE PRICING LIMITATIONS
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Small Projects
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Large Projects
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No minimum project size
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Mnimum project size: 10 kW
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Maximum project size $20,000
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Maximum project size $60,000
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HOW ARE INCENTIVES PAID?
Deemed Savings - One Payment
A project that only utilizes deemed savings to calculate demand and energy
savings will receive an "Implementation Payment" that represents 100% of the
total estimated incentive payment after the project is installed, documented,
and accepted.
Measured Savings - Two Payments
After the project is installed, documented, and accepted, the project sponsor
will receive an "Implementation Payment" that represents 40% of the total
estimated incentive payment. After all measurement and verification activities
are complete, documented, and accepted, the project sponsor will receive the
"Performance Payment" based on verified savings (up to 60% of the total
estimated incentive payment).
For measured savings projects, Entergy will use the following formula to
calculate the amount of the Implementation Payment:
Implementation Payment = [((estimated kW) * ($/kW incentive)) + ((estimated
kWh) * ($/kWh incentive))] * 40%
The second payment (the "Performance Payment") will be based on the one-year
energy savings that the Project Sponsor measures and documents in its M&V
Report. The Performance Payment may be up to 60% of the total estimated
incentive included in the Res SOP Agreement, and will be calculated as follows:
Performance Payment = [((measured kW saved) * ($/kW incentive)) + ((measured
kWh saved) * ($/kWh incentive))] - Implementation Payment
OTHER NOTES
Under no circumstances will Entergy make a total incentive payment (i.e., the
sum of the Implementation Payment and the Performance Payment) that is more
than 100% of the total estimated incentive payment specified in the Res SOP
Agreement. If the final M&V Report indicates that the measured savings are
less than the estimated savings, then the total incentive payment will be less
than the payment estimated in the Res SOP Agreement. If the above formula
results in a negative amount, the Project Sponsor must refund that amount to
Entergy within 30 days of receipt of an invoice from Entergy.
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