Xcel Energy - Commercial and Industrial Standard Offer Program

August 11, 2023


Xcel Energy Large Commercial and Industrial Standard Offer Program (SOP) pays incentives to businesses for retrofit and new construction projects that save energy in peak summer demand periods and are located within Xcel's service territory. Payments to Project Sponsors will be based solely on kW and kWh savings. Any entity that installs eligible energy efficient measures at a facility with electric service provided by Xcel and has a minimum peak demand of more than 100 kW is eligible to participate in the program.

Incentives are paid for both energy and demand savings. Project Sponsors are required to meet minimum eligibility criteria and sign a standard agreement with Xcel, which includes an estimate of how many kW and kWh the project will save and the associated incentive payment amount. Project Sponsors receive incentive payments from Xcel Energy for installing energy efficiency measures. Xcel does not perform any energy efficiency services, nor does it install any efficiency measures directly for end-use customers, but instead contracts with the Project Sponsors, as required by state legislation.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Texas
Incentive Type: Rebate Program
Web Site: http://www.xcelenergyefficiency.com/TX/Business/COM/
Administrator: Xcel Energy
Start Date:
Eligible Renewable/Other Technologies:
  • Refrigerators/Freezers
  • Lighting
  • Lighting Controls/Sensors
  • Chillers
  • Heat pumps
  • Air conditioners
  • Duct/Air sealing
  • Motors
  • Motor VFDs
  • Processing and Manufacturing Equipment
  • Custom/Others pending approval
  • Other EE
  • LED Lighting
Incentive Amount: Commercial & Industrial Incentive:
$0.07/kWh saved and $220/kW calculated using deemed savings or a measurement and verification plan
Maximum Incentive: Commercial Standard Offer Program: No Project Sponsor may receive more than 20% of the total incentive budget
Project maximum annual load factors must not exceed 60% of demand savings
i.e. 5,256 kWh of energy savings per every 1 kW of demand savings achieved
Equipment Requirements: Equipment must exceed minimum standards specified in the manual.
Installation Requirements: Large projects have a minimum peak savings of 5 kW


This program has 1 incentives
Technologies: Refrigerators/Freezers, Lighting, Lighting Controls/Sensors, Chillers, Heat pumps, Air conditioners, Duct/Air sealing, Motors, Motor VFDs, Processing and Manufacturing Equipment, Custom/Others pending approval, Other EE, LED Lighting
Sectors: Commercial, Industrial, Local Government, Nonprofit, State Government
Parameters: The incentive is 0.07 $/kWh, The incentive is 220.00 $/kW


Name: Bryan Whitson
Organization: Xcel Energy
Phone: (806) 378-2887
Email: Bryan.J.Whitson@xcelenergy.com

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.