Incentives Resource Center

Incentives can help make buildings better and more affordable. Trane helps you find, and stack rebates, incentives, grants and financing then supports you through qualification and execution.

Overview

What do incentives help our customers achieve?

Trane can help customers navigate incentives through various financial programs and support including:

  1. Helping Reduce Overall Costs

  2. Enhancing a Building’s Performance

  3. Improving Overall Energy Efficiency

  4. Elevating IAQ and Comfort

What incentives are available?

Federal, state, and local programs offer financial incentives to help offset the cost of energy-efficient building upgrades. Understanding your options can unlock significant savings

Incentives for whole building projects encourage deep energy savings by rewarding integrated upgrades that improve performance across the entire facility.

Many utilities provide rebates to help reduce upfront costs for building efficiency investments. These incentives can make sustainable upgrades more affordable and accessible. 

Prescriptive or custom rebates for HVAC, controls, lighting, demand response and other load shifting investments.

Federal and state programs that reduce tax liability for efficiency and clean energy investments.

Federal and state tax credits can help lower project costs by directly reducing tax liability for qualifying energy-efficient improvements.

Accelerated deductions for building improvements can provide near-term financial relief, making efficiency investments more cost-effective. 

Programs like C-PACE (Commercial Property Assessed Clean Energy) enable long-term financing for energy upgrades, repaid through property tax assessments.

What does Trane offer that qualifies for incentives?

Whole-building rebates & services: Energy services/funding guidance

  • Energy Efficiency incentives help building owners reduce energy consumption and costs through upgrades like efficient lighting, HVAC systems, and insulation, while also lowering their environmental impact.
  • Energy Generation incentives support the adoption of renewable energy technologies such as solar panels and wind turbines, promoting clean energy production and long-term savings. 
  • Load Shifting incentives encourage adjusting energy use to off-peak times or using energy storage systems, leading to cost savings and enhanced grid stability. 

Featured Customer Story

New York City: 55 Water Street Heat Recovery System

To comply with strict emissions laws under New York City's Local Law 97, the 55 Water Street building worked with Trane on a heat recovery system upgrade.

  • Tax credits: The project qualified for approximately $9 million in Inflation Reduction Act (IRA) tax credits.
  • Utility rebates: The building unlocked roughly $5.5 million in utility rebates.
  • Cost avoidance: In addition to incentives, the building now avoids $1.2 million in annual fines.
  • Energy savings: The new system reduced steam usage by 70% and lowered the building's overall energy intensity by nearly 20%. 

Customer Stories

Learn how Trane has helped customers like you.

Asante Rogue Regional Medical Center

Received $304,250 in utility incentives for their energy efficiency projects.

  • Customer Story

Alamo Colleges District

Earned $150,000 annually in demand response rebates.

  • Customer Story

Grand Hyatt New York

Estimated over $600,000 in energy savings rebates from the utility company.

  • Customer Story

Rose-Hulman Institute of Technology

Received $16,000 in utility rebates for energy-saving upgrades.

  • Customer Story

City of Sultan

Qualified for nearly $23,000 in incentives for wastewater plant and pump station upgrades.

Where can I find more information about specific incentives?

  1. C-PACE Commercial Property Assessed Clean Energy overview

    C-PACE is a financing mechanism that provides commercial building owners with low-cost, long-term funding for energy-efficient, water-conserving, and renewable energy upgrades.