Xcel Energy offers rebates on LED lighting

Recently Xcel Energy announced rebates for businesses looking to install LED, or light emitting diode, lighting for both retrofit and new construction applications. There is a separate program for small businesses. According to Xcel, up to 44% of a business utility bill is allocated to lighting and with an LED bulb using up to 3% of the energy of a standard incandescent and lasting about 66 times longer, the savings could be substantial. The rebate applications are very long and only certain manufacturers and models will qualify; however, this program seems like a great step forward in greater acceptance of more efficient lighting.