Motors and drives: How to take advantage of the new rebate program          

Thursday, Feb. 22, 2024

Energy efficiency guidelines for motors and drives are shifting, and rebate programs begin in 2024.

Specifically, the Department of Energy has put into place several rebates that affect the purchase of motors and drives. The Energy Act of 2020 allows for payments to “qualified entities,” but what does that mean?

NEMA working with energy advocates on development of prescriptive rebate programs from utilities.

Learning objectives:

• Review “U.S. Department of Energy Manufacturing and Supply Chains Office Guidance on Implementing Section 1005 of the Energy Act of 2020.”
• Understand the implication of this rebate program for motors and drives.
• Learn about retrofits for original equipment manufacturers.
• Know about how product redesign and retrofits could be affected.