Mid-2024 Lighting Rebate Trends Update

We are supplementing our annual Rebate Trends analysis and webinar with a mid year look at changes in Commercial LED programs. This analysis cover changes in major programs from mid-March 2024 to July 31, 2024. 

The general trend continues. Increases in LED rebates continue to outpace decreases.  We continue to see strong support for LED rebates in the business sector.  The increases in the mid-year's analysis are primarily affecting fixtures more than lamps. 

Downstream/Prescriptive rebate programs (utility customer files the rebate application)

• Baltimore Gas & Electric (BGE) - Increases to Indoor and Outdoor fixtures
• Oregon Trust - Increases to Outdoor fixtures, Troffers and Downlights
• JCP&L(NJ) - Increases to Outdoor fixtures, Troffers and Downlights
• Mississippi Power - Increases to Pole-mounted fixtures
• Duquesne Light - Increase to Outdoor fixtures
• Los Angeles Department of Water and Power - Increases to Indoor and Outdoor Fixtures
• PECO - Decreases in in lamps and fixtures. In 4th year of 5 year budget cycle.
• Duke Energy Indiana - Decreases in targeted fixtures and lamps

Midstream/Instant rebate programs (rebate is offered at the point of sale by a distributor)

• Potomac Edison - Increases in High Bays, Wallpack, Pole lights
• JCP&L - Increases in LED tubes and Troffers
• Nova Scotia - Increases in Troffers
• Xcel MN - Targeted increases in lamps
• Rocky Mountain Power(UT) - Small increase in LED tubes
• ConEdison - Decrease in bonus incentives
• Orange & Rockland(NY) - Program-wide reduction due to faster than planned budget usage.
• PECO - Decreases in in lamps and fixtures. In 4th year of 5 year budget cycle.
• Duke Energy Indiana - Decreases in targeted fixtures and lamps
  
  

Overall the highest increases topped out at 85%. The worst decreases were at -60%.

The next batch of program changes usually occur in October, around the end of the US Federal fiscal year.  We will provide an update if there are significant changes.