When your facility wastes energy, you're impacting more than just the environment; you're also hurting your profit, productivity, and people.
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Unlock and maximize your facility's profit with an in-depth assessment through the Department of Energy's Industrial Assessment Center (IAC) Program.
After the assessment, small and medium-sized manufacturing firms are eligible for grants up to $300,000 at 50% cost share. These grants are to offset the costs of implementing upgrades found in your assessment. Grant applications are accepted on a rolling basis and reviewed quarterly. As a provider of IAC-equivalent assessments, Michaels Energy can complete energy audits and provide all the supporting materials needed for your grant application.
Why do I need an energy assessment?
Grant applications will only be accepted if the IAC-equivalent assessment is performed. The assessment looks at the equipment and operations within your facility to find ways to save and optimize; ultimately helping your bottom line. Once we've completed the evaluation, we'll provide you with a full report of the recommendations for improvement. This includes equipment costs, annual energy savings, annual non-energy savings, and payback periods. The results of the assessment are used to support your Implementation Grant application.
Minimizing waste is not just about reducing costs but building a sustainable future. Our team works closely with your organization to implement targeted energy efficiency solutions, significantly reducing your environmental footprint while maximizing your bottom line.
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In this example, the client is eligible to apply for an implementation grant of $65,000.
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Who's eligible for the Implementation Grants Program?
- Entity is a manufacturer or a water/wastewater treatment facility*.
- Gross annual sales of less than $100 million in the most recently completed fiscal year
- Annual energy bills between $100,000 and $3.5 million
- Fewer than 500 employees at the assessed plant
For more information on eligibility and review criteria for the implementation grants, visit the Energywerx website.
*The following NAICS codes are eligible 31-33, 1114, 22131, and 22132. Unsure if you qualify? Just ask us!
Contact Us!
Fill out the form blow to schedule a consultation and discover how an assessment can maximize the value of your facility.
Under the field How Can We Help You, select Question about Services, then IAC Assessment. Thank you!
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