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Energy FinAnswer - New Construction/Major Renovation

Get information on Energy FinAnswer for new construction/major renovation projects below: 
How it works (program steps)
Letter of intent
How much are the incentives?
What are the technical services?
Who is eligible?
What qualifies and what doesn't
When you get paid
Other companies that have used the program
How to contact us

You can also go straight to a list of all of the Energy FinAnswer-related documents.

Here are the steps for new construction/major renovation 

 

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How much are the new construction incentives?

Project type
Energy code applies and whole building at least 10% better than code
(whole building approach)
Energy code does not apply or whole building not 10% better than code
(system/measure approach)

Incentive

$0.15/kilowatt-hour (kwh) annual energy savings + $50/kilowatt (kw) average monthly demand savings

Incentive caps

Percent of project cost cap None

60% of energy efficiency project cost

Simple payback cap None 1 year (If incentive brings the simple payback below one year, the incentive is reduced so the simple payback equals one year.)
Additional requirements
Energy savings threshold Must exceed code by at least 10% (whole building electric basis)  
Lighting energy savings limit None Lighting kwh savings limited to 50% of project savings
If lighting kwh savings exceeds the limit, lighting measures are adjusted for purposes of calculating the incentive.


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What are the technical services?

We'll provide at no cost to you, the energy analysis and a post-installation calculation of annual savings for the project as installed and operating. The services vary by project type and scope.

Energy code applies
(whole building approach)

Energy code does not apply or building will not exceed code by 10%(system/measure approach)

Design assistance - services help your design team incorporate energy efficiency measures into the construction documents.

Goal - whole building at least 10 percent better than code.

Note: Design team incentives may be available.

Energy analysis - services identify energy efficiency opportunities and quantify savings and costs. The analysis is vendor-neutral and investment-grade, so you'll have information to guide your implementation decision and funding approval process.

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Who is eligible? 
All commercial, industrial and agricultural customers in Washington are eligible.

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Companies that have used the program

Facility

Energy savings
kwh/year

Money saved
(at $0.047/kwh)
$/year

Albertsons

369,120

$17,349

AmeriCold Logistics

455,346

$21,401

Best Western Ahtanum Inn

4,035

$190

Boise White Paper LLC 18,142,194 $852,683
Borton & Sons, Inc. 5,997,619 $281,888
Commercial Cold Storage

1,882,804

$88,492

Evans Fruit Co., Inc. 10,229,968 $480,808

George DeRuyter & Sons Dairy

219,126

$10,299

Larson Fruit Company 1,348,779 $63,393

Liberty Dairy

112,910

$5,307

Pomeroy School District 135,812 $6,383
Ray's Wholesale Meats 87,733 $4,123
Shields Bag and Printing 1,764,633 $82,938
St. Mary Medical Center 405,872 $19,076
Tree Top, Inc. 1,892,391 $88,942
Welch's 1,117,686 $52,531
Yakima County 298,506 $14,030
Yakima Fruit & Cold Storage 1,869,669 $87,874
 

Note: We offer incentives for lighting, premium efficiency motors, HVAC and other upgrades under another program, FinAnswer Express.

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What qualifies?

Planned installation of proven technologies that:

  • increase electric energy efficiency
  • exceed code requirements or industry standards


And what does not qualify?

  • some projects already in progress
  • projects involving fuel switching

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When will you be paid?
For projects with an executed 
incentive agreement the incentive is paid within 45 days after completion of the post-installation inspection report.

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You're in charge
Remember, once you make a commitment, you remain in control. You choose the technologies and the manufacturers you want to use. You choose the contractors with whom you'll be working. From analysis through installation, we will work within your planning and construction schedules. Think of us as an extension of your own team — there to offer information, confirmation and options for your decision making.

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Before you start your project:

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If you still have questions, we have a list of frequently asked questions with more program details. We also have energy efficiency information specifically for design professionals.

Program and related information
Here's
a list of brochures, case studies and other helpful information.

 

Overview of incentive programs for Washington businesses
Energy FinAnswer brochure
   Case Study: Albertsons
Case Study: Dairies
Case Study: Roche Fruit Company, Inc.
   Washington program tariff (Schedule 125)
Engineering firms under contract with Pacific Power to provide program services

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