Definition of Incentives Demand-Side Management (DSM) program assistance

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TeachMeFinance.com - explain Incentives Demand-Side Management (DSM) program assistance



Incentives Demand-Side Management (DSM) program assistance

The term 'Incentives Demand-Side Management (DSM) program assistance' as it applies to the area of energy can be defined as ' This DSM program assistance offers monetary or non-monetary awards to encourage consumers to buy energy-efficient equipment and to participate in programs designed to reduce energy usage. Examples of incentives are zero or low-interest loans, rebates,and direct installation of low cost measures, such as water heater wraps or duct work for distributing the cool air; the units condition air onlyin the room or areas where they are located'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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