Product Update: Additional Rebate Field for Payback Calculator

Introducing a new Additional Rebate field within the payback summary of the Encentiv Payback Calculator. Are you offering an additional incentive for your products, or maybe you want to include a rebate for controls? Now you can manually add an additional rebate to the Project Summary to see how the payback changes.

Fine-Tune Your Payback Estimates

Just use the pencil icon next to the Additional Rebate field to enter an amount. Once you’re done, hit the checkmark, and you will see your summary update. Any amount entered in this new field will be factored into the total ROI calculation and will be included in the PDF report.

The additional rebate amount will be included as part of the rebate savings and used in the calculation for the time to payback with rebate. You will also see this used to calculate the percentage of the upfront costs for the project in the PDF report.

What About the PDF Report?

You will find any updates made to this field on the Payback Summary page. Your additional rebate information will be shown after the utility rebate estimate and will also be factored into the upfront cost savings percentage.

All product eligibility and rebate amounts should be verified by the utility company. Calculations provided in the Encentiv Payback Calculator are estimates based on the provided information and are not guaranteed.

If you have any questions about the Payback Calculator or the new additional rebate feature, please contact your Customer Success Representative or reach us at hello@encentivenergy.com.