Year End Stipend Terms and Conditions

For a limited time, the TEP Business Energy Solutions program has a special offer in support of energy efficiency goals for all commercial businesses. To show our appreciation, we are providing a stipend of up to $5,000 in addition to the project rebates in the New Construction and Custom programs.

Offer Expiration Date: November 15, 2022

Terms and Conditions

  1. Only commercial accounts qualify.
  2. We are waiving the pre-application requirement and allowing completed qualifying projects to be submitted for rebate and stipend.
  3. The Policies and Procedures of the New Construction and Custom programs apply.
  4. The stipend amount will be determined by program staff and based on estimated kwh savings of the project according to the following table:
    Project Savings (kWh) Stipend @ $0.01/kWh
    10,000 (minimum) $100.00
    50,000 $500.00
    100,000 $1,000.00
    150,000 $1,500.00
    200,000 $2,000.00
    250,000 $2,500.00
    300,000 $3,000.00
    350,000 $3,500.00
    400,000 $4,000.00
    450,000 $4,500.00
    500,000+ $5,000.00
  5. All submitted projects must have a completion date between January 1, 2023 and December 1, 2024.
  6. Any project that has a full application submitted after September 15, 2023 and prior to the promotion expiration date is eligible for a stipend, including projects that have not been completed.
  7. Stipend may be payable to a third party with customer authorization.
  8. The terms and stipend value are subject to change.
  9. Stipends will only be paid once a project has been reviewed and approved for payment.

If you have any questions regarding this offer, please send an email to tepbes@franklinenergy.com.