Month: December 2025

Wattsmart® Business financing for California & Washington!

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Financing as low as 1.99% for 24 months1

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 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.
  • Potentially be cash flow neutral or cash flow positive.
  • Monthly energy savings that help make the payments.

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

California Eligibility
  • Project must be installed and final project submittals sent by November 30, 2026
  • Subject to customer receiving credit approval
  • Terms and conditions apply

 

 

Washington Eligibility
  • Project must be installed and final project submittals sent by November 30, 2026
  • Subject to customer receiving credit approval
  • Terms and conditions apply
  • Project annual kWh savings minimum and maximum: 50,000 – 1,000,000 kWh
  • Project minimum cost before incentives: $25,000
See the tables below

Washington Lighting System Retrofits

California Lighting System Retrofits

Project Example:  

*This is an example and does not reflect actual project, incentive and energy savings amounts for your project. Please contact us for project-specific information.

  • Project Cost (before incentive) = $150,000
  • Incentive Amount = $50,000
  • Amount Financed = $100,000
  • Estimated Annual Project Energy Savings (kWh/yr): 421,000 ($40,200/year or $3,350/month)

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

Financing Flyer for Washington Financing Flyer for California

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! 

1Financing 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 2026 is limited.

2026 California vendor incentives

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2026 Wattsmart® Business Vendor incentives for installing lighting upgrades

Approved Wattsmart Business Vendors* in California, we are excited to inform you that Pacific Power is offering the following vendor incentives:

  • $0.05 per kWh saved cash vendor incentive for Calculated Lighting retrofit (on incentive list) projects
  • $300 per customer location for Small Business Lighting (SBL) projects

Lighting retrofit projects

Receive a vendor cash incentive at a rate of $0.05 per kWh saved for helping Pacific Power business customers in California save money with qualifying lighting upgrades.

This vendor incentive offer is for the Wattsmart Business Vendor submitting the project (yes, this is for you!) and in addition to the customer incentives available through Wattsmart Business. Pacific Power offers significant cash customer incentives up to 80% of eligible costs to help with the up-front costs of your customer’s project. Get more details on our website.

How it works

For qualifying lighting projects, vendors receive the vendor incentive of $0.05 per kWh annual energy savings with a maximum vendor incentive of $5,000 per customer location in 2026. Each vendor location is eligible to receive $20,000 in total incentives in 2026.

Vendor incentives are first come, first served, and the vendor incentive offer may terminate earlier than the eligibility timeline if allocated funding is exhausted. The program will email the Wattsmart Business Vendor Network if these funds are exhausted. See table for examples of vendor incentives.

Project kWh Vendor incentive
25,000 $1,250
50,000 $2,500
75,000 $3,750
100,000 & above $5,000

Eligibility timeline

Lighting retrofit projects must have an incentive offer issued between January 1, 2026, and November 1, 2026. All projects must be complete, and all project documentation and invoices must be received no later than November 30, 2026.

For post-purchase projects with invoices dated January 1, 2026, and after: Vendors must submit all project documentation and invoices to the program by November 30, 2026, to receive the vendor incentive.

Small Business Lighting (SBL) Projects

Receive a cash incentive of $300 per customer location for SBL projects.

This vendor incentive offer is for approved Wattsmart SBL vendors submitting the project and is in addition to available customer incentives through Wattsmart Business.

How it works

Approved SBL vendors receive a $300 vendor incentive per customer location for SBL projects. Vendor incentives for SBL projects are first come, first served, and the vendor incentive offer may terminate earlier than the eligibility timeline if allocated funding is exhausted. The program will communicate with the approved SBL vendors if these funds are exhausted.

Who is eligible?

Wattsmart Business approved SBL vendors in good standing are eligible. If you are interested in participating in this program, contact your outreach coordinator.

Eligibility timeline

New projects submitted between January 1, 2026, and November 1, 2026, are eligible to receive the vendor incentive. Vendors must submit all project documentation and invoices to the program no later than November 30, 2026. All project-related invoice dates must be January 1, 2026, or later.

*If you’re not currently a Wattsmart Business Vendor, you must be a Wattsmart Business Approved Vendor prior to project closeout in order to receive these lighting upgrade vendor incentives.

2026 Washington Wattsmart® Business Vendor incentives for non-lighting updates

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Help Pacific Power Washington business customers save money with qualifying updates and receive cash vendor incentives.

  • Vendor incentives are available for many HVAC equipment projects.
  • Vendor incentives for small business non-lighting projects are back.

Vendor incentives for HVAC projects

Wattsmart Business Vendors in good standing are eligible to receive up to $10,000 in vendor incentives for projects installed in 2026.

Eligibility timeline: This limited-time vendor incentive offer is for select HVAC projects purchased and submitted to Wattsmart Business by November 30, 2026.

How it works: A vendor incentive will be paid for each eligible unit installed, as shown in the table below. Other terms and conditions apply.

Measure* Vendor incentive
Advanced Rooftop Unit Controls (ARC) ≥ 5 ton $500 per rooftop unit
Advanced Rooftop Unit Controls (ARC) < 5 ton $200 per rooftop unit
Heat Pumps replacing electric resistance $500 per heat pump
Heat Pumps (Variable Refrigerant Flow [VRF] and unitary) ** $200 per heat pump
Unitary Commercial Air Conditioners*** $50 per air conditioner

*For more detail on HVAC equipment eligible for this vendor incentive, visit the HVAC equipment incentives list.

**Not available for Packaged Terminal Heat Pumps (PTHP)

***Not available for Packaged Terminal Air Conditioners (PTAC)

 

Vendor incentives for small business customer non-lighting projects

Vendor incentive offers are for approved Wattsmart Business Vendors submitting the project and are in addition to customer incentives available through Wattsmart Business.

Eligibility timeline: This limited-time offer is for completed non-lighting projects purchased after January 1, 2026, for eligible small businesses and submitted to Wattsmart Business by November 30, 2026.

How it works:  Once the small business project is approved for a customer incentive payment, eligible Wattsmart Business Vendors receive a vendor incentive for each approved measure listed below, per customer location.

Measure Vendor incentive
Engine Block Heater Controller $40 per unit
Ductless Heat Pump $400 per unit
Thermostat $60 per unit*
Anti-sweat Heater Controls (Retrofit only), Low or Med-Temp $16 per linear foot
Electronically Commutated Motor (ECM) for Display Case or Walk-In Refrigerator or Freezer $40 per unit
Heat Pump Water Heater $40 per unit

*For qualifying Thermostat projects, the amount each vendor location is eligible to receive will be up to $10,000 in vendor incentives while funding lasts during 2026.

 

STEPS TO PARTICIPATE

1

Contact your outreach coordinator to verify project eligibility and confirm vendor participation in the promotion. Provide a copy of your company’s W-9 tax information so we can prepare a 1099-MISC following the vendor incentive payment.

2

Install qualified measures at eligible customer location.

3

Submit an application for a completed HVAC or small business non-lighting project to Wattsmart Business by November 30, 2026.

4

Receive a vendor incentive check in the mail. Incentive checks will be issued to the Wattsmart Business Vendor and mailed to the primary contact.

Visit the Pacific Power website for more details on energy-efficient non-lighting upgrades.

These vendor incentives will only be available for a limited time, so act now!

For additional questions or information, contact your outreach coordinator.

General Terms and Conditions: Wattsmart Business Vendors in good standing are eligible to participate. If you are not currently a Wattsmart Business Vendor, you must be approved at the time of application submission. Only one vendor incentive per qualifying project. This limited-time offer is for completed non-lighting projects purchased after January 1, 2026, for eligible businesses and submitted to Wattsmart Business by November 30, 2026. Vendor incentives are first come, first served, and the vendor incentive offer may terminate earlier than the eligibility timeline if allocated funding is exhausted.

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.