Xcel Energy

Commercial Standard Offer Program

Program Overview

Commercial Standard Offer Program

This site contains information about Xcel Energy's Commercial Standard Offer Program. To register as a Project Sponsor click here or click the EnerTrek® logo.

EnerTrek

Xcel Energy will review the project applications from potential Project Sponsors on a first-come, first-served basis until all SOP incentive funds have been reserved.

Xcel Energy SOP Applications Accepted

Open Now

Project applications can be submitted starting January 20th, 2024. To start the online application process, click the EnerTrek® logo or click here.

Description

The Commercial Standard Offer Program provides incentives for the retrofit installation of a wide range of measures that reduce customer energy costs, and reduce peak demand and/or save energy in non-residential facilities. Incentives are paid to energy efficiency service providers (EESPs) on the basis of deemed savings, which are standardized savings values or formulas for a wide range of measures in representative building types. If deemed savings have not been established for a particular qualifying energy efficiency measure, then incentives may be paid on the basis of verified peak demand and/or energy savings using the International Performance Measurement and Verification Protocol.

Program Objectives

The primary objective of this program is to achieve cost-effective reduction in peak summer demand. Additional objectives of the program are to:

  • Encourage private sector delivery of energy efficiency products and services
  • Achieve customer energy and cost savings
  • Significantly reduce barriers to participation by streamlining program procedures and measurement and verification (M&V) requirements