Engineered Solutions Program

Engineered Solutions Program

Looking for ways to make your building more energy efficient? Look no further!

Our Atlantic City Electric Engineered Solutions program provides technical expertise, project management, and financial incentives to help commercial, industrial, and multifamily customers implement comprehensive energy efficiency upgrades across their building systems that can result in as much as 30% in energy savings.

By participating in the Engineered Solutions program, your organization can:

  • Maximize energy savings
  • Reduce maintenance costs
  • Improve comfort for building tenants
  • Optimize climate control

Program Overview

To support your efficiency projects, our energy experts may provide:

  • A comprehensive energy audit, (100% incentivized for Tier 1 projects)
  • Engineering design
  • Scope of work and equipment specifications
  • Construction execution services and installation
  • Equipment and system commissioning
  • Measurement and verification services

The Engineered Solutions program offers two tiers of tailored energy efficiency support for commercial and industrial customers undertaking large-scale projects:

  • Tier 1 provides comprehensive, trade ally-led audits and project guidance from start to finish. Incentives are determined by a six-year buydown on the project payback to no less than three years, and customers can repay remaining costs through a financing plan offered by the National Energy Improvement Fund (NEIF).
  • Tier 2 offers a more flexible approach, allowing customers to use a trade ally or consultant of their choice and permits acceptance into the program even after the audit or design has been completed. This tier offers an incentive up to 60% of the project cost for most customers, and up to 80% of the project cost for income-eligible multifamily customers. The incentive is calculated based on the energy savings, and customers can repay remaining costs through a financing plan offered by NEIF.

Eligibility

This program is open to all commercial, industrial, and multifamily customers, and recommended for buildings with an average annual peak demand higher than 300 kW.

  • Buildings with lower demand may be included
  • Exceptions available for a portfolio or campus of buildings, as well as multifamily
FeatureTier 1Tier 2
Audit RequirementComprehensive audit, 100% incentivizedOptional comprehensive audit, at discretion of customer and Atlantic City Electric
IncentiveSix-year buydown on payback to no less than three years, and 100% of audit cost

Incentivized based on energy savings on a $/kW and $/Therm basis capped at 60%* of project cost.

Incentive values are:

Lighting $0.50/kWh

Electric HVAC $1.00/kWh

Electric Other $1.00/kWh

Up to $20/therm incentives for gas savings also available depending on partner gas utility offering.

*80% for income-eligible multifamily projects.

Engineering consultantApproved trade allyCustomer can use an approved trade ally or consultant of choice
Project timelineOn average, 1-2 years for construction completionOn average, 6 months - 2 years for construction completion
Support styleGuided, turnkey serviceFlexible, customer-driven approach

Financing

Projects may be able to participate without any up-front funding by combining program incentives with program financing (Tier II projects may require up-front funding):  

  • Incentives can range from 20-60% of project cost.
  • Interest-free financing for project costs not covered by incentives (if qualified). Learn more here

Engineered Solutions Program - accordion

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Step 1: Energy Audit

Begin the process with a site visit and assessment of cost effective energy savings opportunities. Required for Tier 1, optional for Tier 2.

  • Site visit and energy audit
  • Determine energy baseline of all fuels
  • Identification of energy conservation measures
  • Preliminary scope development
  • Energy cost and savings estimation
  • Cost-effectiveness screening
  • Incentive and determination of financing
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  • Audit incentive paid (100% of the cost covered for Tier 1 projects, once approved by Atlantic City Electric)
  • Project incentive estimated and committed
  • Draft financing amount determined*
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Step 2: Mechanical and Electrical Plan (MEP)

Engineer a full MEP. Required for Tier 1, optional for Tier 2.

  • Full engineering design of mechanical and electrical measures selected for implementation
  • Measurement and verification (M&V) plan developed
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Step 3: Contract Execution

Execute contracts for the installation of selected and designed measures.

  • Optional execution methods:
    • Customer owns execution of contracts with bid assistance, including bid package review and vendor selection, as needed, OR
    • The Trade Ally owns the contract execution
  • Re-run cost effectiveness and update incentive and financing amounts, as needed
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  • Committed project incentive and financing* amount updated (if needed)
  • Progress payment No. 1 (30%) of incentive
  • If customer is financing the balance of project cost, additional funds will be released by NEIF. Customer will begin Off-Bill repayment of loan approximately 30 days from execution of loan documents, and after release of first payment. Credit qualified customers may defer the first payment for up to 6 months.
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Step 4: Construction Oversight

Administrative oversight during the construction process.
  • Construction administration
  • Regularly scheduled site visits and inspections
  • Process incentive progress payments
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  • Progress payment Nos. 2–3 (50%) of incentive made during construction milestones
  • If customer is financing, additional funds will be released by NEIF to align with construction completion
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Step 5: Commissioning

Test newly installed equipment.

  • Testing and verification that installed equipment is operating as designed
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  • Final payment No. 4 (20%) or remainder of incentive
  • If customer is financing, the financing amount is finalized*, and the remainder of financed amount is released by NEIF
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Step 6: Measurement Verification

Ensure that all equipment operates according to the plan.

  • Measurement and verification completed per prior plan

*Optional third-party financing available through NEIF

Getting Started is Easy

Are you ready to reduce your energy consumption? We are ready to help. Simply contact one of our approved Trade Allies to get started today.

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