Energy Office Unveils Program to Help Island Businesses
The Virgin Islands Energy Office unveiled in July 2012a program to help small businesses cut their power consumption. The program is known as the Worthwhile Investments Save Energy (WISE) and is part of the Better Buildings Initiative of the federal Department of Energy. Participants in the WISE program will be eligible for rebates of up to 40 percent of the project costs for energy efficiency retrofits to their businesses. The program will help businesses reduce their operating costs through energy conservation. This document describes the process.
Eligible applicants are small retail and service businesses with utility usage of 30,000 kWh monthly or less. To qualify, businesses must own their buildings or have long-term leases. An application is available here.
WISE is the most recent program developed by the Energy Office to assist ratepayers in reducing their energy costs and meet the Governor’s aggressive energy efficiency goals for the Territory as part of the effort to reduce fossil fuel dependence 60% by the year 2025.
“This program focuses on serving small businesses because they are a vital component of the Virgin Islands economy and we remain committed to helping them weather the present economic hardships.” - - Karl Knight, Director of the Virgin Islands Energy Office
For more information contact Program Specialist Miguel Quinones at 714.8436 or check the most Frequently Asked Questions.