Lime Energy Co. won a three-year contract by AEP Ohio, a unit of American Electric Power (AEP) for the implementation of their Small Business Direct Install Program.
The AEP Ohio Express program serves small commercial customers with annual consumption of less than 200,000 kWh and provides incentives to help offset the costs of implementing energy efficiency upgrades.
The 3-year performance-based contract between AEP Ohio and Lime Energy has the potential to save participating small business customers over 30,000 MWh of annual energy usage — lowering the cost of doing business in Ohio. AEP Ohio is headquartered in Gahanna, Ohio and provides service to over 1.5 million customers throughout the state.
Lime Energy will be the exclusive provider of comprehensive energy efficiency upgrades for the program and anticipates the creation of numerous energy efficiency jobs as a result of the contract. AEP Ohio will incentivize their small business customers to reduce wasted energy and lower their monthly electric bills by paying up to 80 percent of the project cost to complete an energy retrofit.