ITAC Assessment: LS2603
ITAC logo
ITAC Assessment: LS2603
Grant Funding Opportunity NOW OPEN
Up to $300k at 50% cost share for qualifying* projects.
Grant Funding Opportunity Open
Qualifying* small and medium-sized US manufacturers, that received an ITAC, Onsite Energy/CHP TAP, or qualified equivalent assessment since 2018 can now apply for grants for implementation of assessment recommendations at up to 50% of qualifying* project costs with a maximum of $300,000 per grant.
IMPORTANT: The grant program now operates on a rolling basis and applications may be submitted at any time through the year, with quarterly reviews.
*See Full Grant Solicitation for full qualification and selection details.
Assessment Year 2026
Principal Product Ship Building
NAICS 336611: Ship Building and Repairing
SIC 3731: Ship Building and Repairing
Sales Range $100
M
to 500
M
# of Employees 300
Plant Area 943,898
ft2
Annual Production 8
units
Production Hrs. Annual 2,730
hrs
Location (State) Mississippi

Facility Energy Cost and Usage

Source Yearly Cost Usage
Electricity Usage $334,617 2,790,080
kWh
Natural Gas $2,381 138
MMBtu
Fuel Oil #2 $16,500 682
MMBtu
TOTAL YEARLY COSTS $353,498
RECOMMENDED SAVINGS* $90,005 *Non-energy impacts included in savings.
IMPLEMENTED SAVINGS* -

Recommendations

# Description Yearly Savings* Imp'd Cost* Status Electricity Usage Savings Fuel Oil #2 Savings Personnel Changes Savings Administrative Changes Savings Ancillary Material Cost Savings
01 2.7121: Utilize daylight whenever possible in lieu of artificial light $5,363 $375 $5,363
44,696
kWh
- - - -
02 2.7142: Utilize higher efficiency lamps and/or ballasts $11,966 $5,616 $11,966
99,715
kWh
- - - -
03 4.322: Eliminate old stock and modify inventory control $16,150 $25,000 - - - $9,750 $6,400
04 2.1321: Replace fossil fuel equipment with electrical equipment $52,372 $240,915 $(-4,118.0)
(-34,320)
kWh
$16,490
-
MMBtu
$40,000 - -
05 2.4224: Upgrade controls on compressors $4,154 $42,000 $4,154
34,624
kWh
- - - -
TOTAL RECOMMENDED $90,005 $313,906 $17,365
144,715
kWh
$16,490
-
MMBtu
$40,000 $9,750 $6,400
TOTAL IMPLEMENTED - - - - - - -
*Savings and costs are best estimates based on the center's site visit, associated engineering analysis, and typical capital and labor costs