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Rebate Trends for 2020
Over the past few months, rebate organizations across the country have been busy updating their programs for 2020. We've noticed the following trends for this year:
• LED Rebate Amounts Decrease by 12%
• 76% of the US Offers Commercial Lighting Rebates
• Rebate Pre-approval Times Are Improving
• Anticipating the Change to DLC 5.0
LED Rebate Amounts Decrease by 12%
Historically, we have seen the prescriptive rebates for LED products drop by around 10% on average each year. In 2019 however, we saw the first average increase of rebates. But then, in 2020, the original trend continued with a 12% decrease in the rebate amounts across all LED categories. Looking at the data, we observed a significant difference in the rebate trends for retrofit lamps versus fixtures.
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