Commonwealth Edison and Ameren will announce an $84-million, three-year effort to encourage the wise use of electricity among commercial and industrial consumers of electricity in the Chicago-area, the Chicago Tribune reports.
The program includes rebates for commercial and industrial customers who install electricity-saving equipment or lighting, and is expected to help retrofit some older, less-efficient buildings.
Rebates of up to $50 per lighting fixture and as much as $400 per efficient refrigeration unit will be available in addition to rebates for efficient air conditioners, motors and other mechanical devices.
The future holds more promise for companies and the environment since ComEd intends to assist in new-construction design with incentives for building designers, architects and owners to attain a high degree of energy efficiency.
While President George Bush skipped detailing ways to achieve his GHG emissions reductions goals in his April 2008 Rose Garden speech, he did say that if the country adhered to the principles he outlined, and adopted appropriate incentives, then the U.S. would be on track toward meeting his GHG reduction goals.