The Holland Board of Public Works (HBPW) supports business and employment growth within the HBPW service area by making the Economic Development Incentive Rider (EDIR) available to companies who either expand their business within the service territory, or relocate to a site where electric service is provided by the HBPW. Organizations applying for the EDIR will be asked to explain why the electrical cost is a material factor in their decision to locate or expand in Holland.
The Economic Development Incentive Rider is based on a “points” system, meaning eligible organizations receive points for certain utility and non-utility criteria. The points are then translated into discounts that will be applied against the capacity (demand) charges paid to the HBPW for electric service. The discount is the largest in year one and declines each year thereafter, expiring at the end of year three.