Idaho Falls Power provides rebates and zero-interest loans for Idaho Falls businesses to install high efficiency lighting. Rebate and loan amounts are established based on total energy savings of your lighting project. Our lighting tool can be downloaded and completed to assist you in understanding if your current lighting project qualifies for our program. Before starting your lighting project, please call Idaho Falls Power and schedule a pre-inspection.
Download the 5.0 Lighting Caculator
Rebate & Loan Qualifications
The building must receive its electricity service from Idaho Falls Power.
An energy audit must be performed on the building by IFP Energy Services prior to the purchase and/or installation of an energy conservation measure.
Rebates will be issued to the customer after purchase, installation and utility inspection. Upon project completion and approval by IFP, rebate checks will be issued to the customer. Rebate checks generally take 3-6 weeks to arrive.
The program will loan up to 100 percent of the actual cost of installing energy conservation measures for qualifying customers, not to exceed $25,000 for lighting projects or $50,000 for custom projects. Rebates are also available for up to 50 percent of the cost of installing qualifying measures in lieu of the loan program.
No interest; up to 60 months to repay; $25 administration charge; $500 minimum loan amount; maximum loan amount of $25,000 for lighting projects or $50,000 for custom projects. If applicant moves, ownership changes or nonpayment occurs for three months any remaining balance will be immediately due and payable, with interest to accrue on such defaulted unpaid principal balance at the rate of 12 percent per annum. Should the account become delinquent, it will be subject to disconnection of electric service.
IFP issues the payment to the Contractor for the allowable loan amount. It is the customer's responsibility to pay the Contractor for costs in excess of the program loan amount.
The loan amount will be added to the utility bill and will be payable in equal monthly installments in addition to regular utility charges. The monthly loan amount will appear as a separate line item on the utility bill and payment can be submitted with the regular utility payment.
For more information about incentives and loan programs for your building upgrades, call Idaho Falls Power and schedule a building audit.