Offering your business a distinct economic advantage.
OUC offers some of the most competitive rates in the Southeastern United States. When combined with our record reliability, outstanding quality and attractive incentives, no other utility partner can promise businesses such tremendous value.
Commercial Industrial Service Rate (CISR)
OUC’s Commercial Industrial Service Rate (CISR) was designed to attract new, large power users to Orlando as part of a competitive economic development location project. In order to receive this negotiated rate, potential or existing businesses must meet several criteria. Steps in the process include:
- Customer must have a load of 2 MW or greater, served by a single meter.
- Customer must provide validation of a lower rate offering outside OUC’s service territory.
- Customer must understand that CISR is for firm power. Interruptible rates are not eligible.
- A power contract will be negotiated after entering into a non-disclosure agreement.
Our Economic Development Rate (EDR)
Our Economic Development Rate (EDR) is designed to help attract new investment to the Sunshine State and create more jobs for Floridians. The OUC EDR is available to new or expanding businesses representing select target industries. Businesses must add a minimum of 500-kilowatt demand of new electric load and create at least 25 new, full-time positions with salaries at least 150% of the median annual wage for the Central Florida area. Eligible companies receive declining discounts on their standard base energy and demand charges over four years.
Industry-Specific Incentives
- Qualified Target Industry Tax Refund Program (QTI): Available to companies that create high-wage jobs in targeted high-value-added industries. It includes refunds on corporate income, sales, ad valorem, intangible personal property, insurance premium and other taxes. Requires a local match.
- Qualified Defense Contractor Tax Refund Program (QDC): For defense contractors that consolidate defense contracts, acquire new contracts or convert to civilian production.
- Capital Investment Tax Credit (CITC): Annual credit against high-impact sector projects Florida corporate income tax for up to 20 years.
- High-Impact Business Performance Incentive Grant (HIPI): Used to attract and grow major high-impact facilities.
Site-Specific Incentives
Companies that generate business and create new jobs within designated geographic boundaries are eligible for these incentive programs:
- Brownfield Program: For businesses that move to underutilized industrial or commercial sites due to actual or perceived environmental contamination.
- Enterprise Zone: For businesses that create jobs in a specific geographic area targeted for economic revitalization. The Orlando region has Enterprise Zones in South Apopka, Orlando and Kissimmee.
- HUBZone: Historically Underutilized Business Zones are areas with below-average median income and/or above-average unemployment that have been targeted for small business development. This program is administered by the U.S. Small Business Administration.
- Urban Jobs Tax Credit: Provides tax credits to eligible businesses that create new jobs. Parts of the City of Orlando are designated for the UJTC program.
Workforce Training
- Incumbent Worker Training Program (IWT): Provides training to currently employed workers to keep Florida’s workforce competitive in a global economy and to retain existing businesses.
- Quick Response Training Program (QRT): A customer-driven training program designed to assist new value-added businesses and provide existing Florida businesses the necessary training for expansion.
Infrastructure
- Economic Development Transportation Fund (Road Fund): Incentive tool designed to alleviate transportation problems that adversely impact a specific company's location or expansion decision. The award amount is based on the number of new and retained jobs as well as the eligible transportation project costs, up to $3 million.
Green Building
OUC can help you implement green building practices to achieve greater savings, sustainability and even green certification.
OUC is committed to the success and increased adoption of sustainable design and construction practices throughout the building industry. As part of this commitment, we have launched the Green Building Program, a broad-based initiative to promote sustainable development within the communities we serve. Combining innovative products and services with Business Rebates and Custom Incentives, the program helps customers incorporate green building practices that increase their bottom line while conserving resources and reducing their carbon footprint. To help you get the most out of building green, OUC can set meaningful sustainability building goals early in the building design phase and assist the project team throughout the design development process.
To get started, contact our Conservation Support Team by calling 407-434-2256 or sending an email to conservationsupport@ouc.com.
Achieving Green Certification
Green certification is an excellent way to demonstrate your business’s commitment to sustainability. A number of national and state organizations have developed green rating systems to score and certify the environmental stewardship of a building. OUC can help you meet these rigorous requirements. The most active rating systems are:
- Florida Green Building Coalition (FGBC)
- Leadership in Energy and Environmental Design (LEED)
- National Green Building Certification
- The Florida Green Lodging Program
- ENERGY STAR - US Environmental Protection Agency (EPA)
- Florida Water Star Program
The following table shows the various products and services offered by OUC that have the potential to contribute to credit points toward any green certification of your choice:
OUC’s New Construction Program
OUC offers financial assistance to customers planning to build new water-efficient buildings that are recognized by either Leadership in Energy and Environmental Design (LEED) or the Florida Green Building Council (FGBC). OUC customers planning to build a green project will be eligible for financial incentives, which include a reduction in System Development Charge (SDC) for domestic water and irrigation. SDCs are designed to recover a portion of the investment required for water system facilities growth, where applicable. This charge is based on the associated customer capacity requirements, which are measured in Equivalent Residential Connections (ERCs).
Commercial & Industrial Custom Incentive Program
A customized plan to make your business and your bottom line greener.
Every business is different and holds unique energy saving opportunities. That’s why OUC launched the new Commercial & Industrial Custom Incentive Program, which provides financial incentives to businesses that install a variety of energy efficient upgrades in their facilities, from lighting upgrades to refrigerator efficiency. Bring us your ideas and we will develop a plan that produces maximum savings for your business.
Incentives
- $250 per kW up to $50,000 per project or up to $100,000 per customer
- $150 per kW for projects that consist of only lighting improvements
Eligibility
Open to facilities located within OUC’s service area that receive electric service under an OUC commercial rate.
More Information / Applications
EV Charging Stations
Plug in to boost your business and your bottom line.
The electric vehicle (EV) market is rapidly expanding, and this rebate helps you capitalize quickly. Installing charging stations at your business allows you to offer a sought-after service to customers as well as employees. In addition to helping reduce our community’s carbon emissions, EV stations energize your business by increasing customer traffic and providing financial assistance to power up your own electric vehicle fleet.
Incentives
$750 per station (must be submitted on or before September 30, 2015)
Eligibility
Available for commercial businesses and multi-family buildings