Puerto Rico - State Energy Program - Building Energy Efficiency Retrofit Rebate Program

Summary

This program is closed; the information is for reference only. The Energy Affairs Administration (EAA) announced in November 2010 that any application received after October 1, 2010, will be placed on a waiting list. It is unlikely that wait-listed programs will be funded, as the Energy Affairs Administration announced that it has received applications that exceed available funding by 250%. Government entities have not been eligible for funding since May 31, 2010.

Through the State Energy Program and with funds provided by the American Recovery and Reinvestment Act (ARRA), the Energy Affairs Administration (EAA) has developed with the Puerto Rican Infrastructure Financing Authority (AFI) several rebate programs.

The Building Energy Efficiency Retrofit Program offers rebates to commercial and non-profit entities that engage in recommended energy efficiency upgrades after properly participating in a Facility Energy Audit. Energy Audits must be performed by a licensed mechanical or electrical engineer or licensed professional engineer and registered architect with appropriate certifications. Applicants must submit the application form plus additional required documents to reserve the rebate prior to making any expenditure(s). Eligible project costs include the material and equipment for the energy upgrade, installation costs (as long as they are not building modification costs), and Facility Energy Audit costs.

If approved, the applicant will receive a "Rebate Reservation Notice" letter with the approved rebate amount. Once that letter is issued, the applicant has 15 days to sign the "Rebate Agreement" and six months to complete the upgrade and undergo AFI/EAA inspection. The AFI/EAA Installation Certificate will be required documentation along with the Rebate Claim Form for the applicant to receive the rebate payment. Extensions may be granted according to program rules.

Rebate recipients are not eligible for any energy-related Puerto Rican tax credits, local incentives, or other energy assistance (other than the revolving loan program of the Economic Development Bank of Puerto Rico) for the same project.

See the full program regulations for additional information, including the required documentation for rebate applications and Facility Energy Audit requirements.