This special program was created for a company just like yours!
Financial incentives are now available to our commercial, institutional and industrial (CII) and Dedicated Irrigation (DI) customers in order to help them conserve water.
Your payback period may be months – not years
You can earn an incentive payment of up to $0.76 per 1,000 gallons of water you save per year, for up to five years.* So saving 1,200,000 gallons per year for five years could result in an incentive payment of over $4,572.
But the incentive payment represents only about 15-percent of the total benefit; the other 85-percent, or $3.89 savings per 1000 gallons, comes in the form of lower water and sewer bills!
The following example is based on an actual project that saves about 1.2 millions gallons each year by better managing a building’s cooling tower. In this example, the return on an investment of $10,000 would be about 430% over five years with a payback period of about 14 months. Too bad all our investments don’t return 430% in five years!
6,000,000 Gallons of Water You Save over 5 Years (1,200,000 x 5 = 6,000,000)
$10,000 Initial Cost to You of Your Project
($4,572) Minus our PWS Payment to You
$5,428 Your Net Cost
$23,320 5-years of Savings on Your Water and Sewer Bills
430% Return on Your Investment over 5 Years
14 Your Payback Period (months)
Just about any project that conserves water will qualify
Just about any project you can think of that saves water qualifies. For example, you might qualify for a payment by improving the management of your irrigation system or removing turf from your landscape, increasing cooling towers cycles, recirculating commercial laundries rinse water and other projects that minimize or recirculate industrial process water.
Projects that are for devices for which we already have rebates or projects that simply replace broken or leaking equipment do not qualify. (For information on our rebates visit our residential or commercial rebate pages.)
Print and complete the form indicating your interest (click here for a copy)
Then:
Mail or deliver it to:
Proven Water Savings Incentive
c/o Water Conservation
Long Beach Water Department
1800 E Wardlow Road
Long Beach, CA 90807
Or Fax it to: 562.499.1025 c/o Matthew Lyons
Or email it to: matthew.lyons@lbwater.org, putting “PWS Incentive” in the subject field
What happens after you submit the form indicating your interest
Because every customer’s project is unique, we will work with you to estimate the potential water savings, the project cost, the potential benefits to your company, the likely amount of the PWS Incentive payment that will be made to your company, plus other information. After working with you to determine this basic information:
How to get more information
You can write, fax or email us (see above).