Month: December 2025

Wattsmart® Business financing for California & Washington!

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Financing as low as 1.99% for 24 months.*

For a limited time, Pacific Power is teaming with Verdant Commercial Capital to offer California and Washington business customers an affordable solution to make paying for energy efficiency upgrades easy with low-cost financing.

Benefits include: 
  • $0 down on a lighting upgrade with a Wattsmart® incentive and low-cost financing.
  • Increased safety, productivity and employee morale due to better lighting.
  • Lower monthly payments and reduced interest.
  • Preserved liquid capital for your other business needs.
  • A potentially cash flow neutral or cash flow positive project.

**Combine a Wattsmart® Business incentive with low-cost financing to complete your lighting upgrade with $0 down.

Eligibility 
  • Project must be installed and final project submittals sent by November 30th, 2025 
  • Subject to customer receiving credit approval  
  • Terms and conditions apply 
  • Project annual kWh savings minimum and maximum (kWh): 50,000 – 1,000,000
  • Project minimum cost before incentives ($): $25,000

See the tables here.

Project Example:  

  • Project Cost (before incentive) = $150,000 
  • Incentive Amount = $50,000 
  • Amount Financed = $100,000 
  • Estimated Annual Project Energy Savings (kWh/yr): 421,000 ($28,800/year or $2,400/month) 

For the 48-month term, the estimated monthly energy savings covers the monthly loan repayment.

For Wattsmart Business vendors 

Steps

1

Become a Verdant-approved contractor. Contact Joshua Patton.

2

Refer to the calculator tool for financing estimates. 

3

Offer your customers awesome financing options! 

*Financing application decisions subject to credit parameters. Rates and buy-down amounts subject to change without notice. Neither Verdant Commercial Capital nor Pacific Power is the agent of the other. Verdant Commercial Capital, not being the manufacturer, seller or distributor of the property being financed, makes no representation or warranty concerning it, including any representation or warranty related to energy efficiency, cost savings or positive cash flow related thereto. Financing described herein is available only for Pacific Power customers’ project to purchase qualifying energy-efficient lighting measures. All projects must receive prior approval from Pacific Power. Funding for Pacific Power’s limited time financing offer is subject to availability of funds – funding in 2025 is limited.  

Washington – New program changes are coming in 2026

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Effective January 1, 2026, Pacific Power is making changes to the Wattsmart® Business program in Washington for select lighting, motors and other measures.

Lighting retrofits

Incentives for interior lighting controls are increasing for small businesses, very small businesses and small businesses located in Named Communities. Here’s the breakdown:

Small business:

  • The incentive for Advanced Networked Lighting Controls is increasing from $0.46/kWh to $0.48/kWh.

Select very small businesses and Named Community small businesses

  • The incentives for PIR, dual tech, integral sensor or basic controls are increasing from $0.38/kWh to $0.40/kWh.
  • The Advanced Networked Lighting Controls incentive is increasing from $0.46/kWh to $0.50/kWh.

The limited-time bonus offered in 2025 concluded and has been removed from the category.

 

Non-lighting measures

Engine block heater controllers now cover an increased number of vehicle types. The EBHC custom pathway now supports multiple vehicle types, excluding delivery vehicles, mass transit buses, and school buses. Supported vehicle categories include a broad range of commercial, emergency, industrial and specialty fleet vehicles.

The limited-time bonus offered in 2025 concluded and has been removed from the following categories:

  • Motors incentives
  • HVAC equipment incentives
  • HVAC check-up incentives

Potato or onion storage fan VFD now has a lower incentive of $82/HP.

For more details, please review the summary of changes and incentive tables with marked changes. If you have questions or need more information, please call toll-free 1-855-805-7231 or email us.