Xcel Energy

Small Business Market
Transformation Program

Small Business Market Transformation Program

Xcel Energy’s Texas Small Business Market Transformation Program (MTP) offers financial incentives to small business customers for the installation of:

  • Energy efficient lighting and lighting controls,
  • HVAC equipment, and
  • Cool roofs.

Project Sponsor enrollment applications will be accepted starting in December 2023, and applications for incentive funding for new projects will be accepted starting in January 2024, for the 2024 program year.

2024 incentives are $0.27/kWh saved for energy efficiency lighting and lighting controls, and $0.40/kWh for HVAC equipment and cool roofs. Please see the Program Guidebook for complete details. Energy savings from various retrofits are calculated using the following equipment survey worksheets:

 

The program is administered by Frontier Energy for Xcel Energy. Eligible customers may request incentives for projects by:

  • Registering as a Project Sponsor themselves on EnerTrek® and uploading a signed copy of the Participation Agreement;
  • Having a third party (such as a contractor or project developer) register as a Project Sponsor (in which case the Project Sponsor must have the customer sign, and must upload, the Project Sponsor - Customer Agreement);

To register as a Project Sponsor click here or click the EnerTrek® logo.

EnerTrek

For more information and assistance, please contact Eric Rinehart, Program Manager, Frontier Energy, at erinehart@frontierenergy.com.