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Rebates/Incentives

The Multifamily Energy Efficiency Program (MFEEP) incentivizes installation of energy-efficient electric and gas equipment and technology, to reduce energy usage and costs through one of two pathways: the prescriptive path and the custom path. The Multifamily Energy Efficiency Program Manual provides further information on each pathway.
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Through the Request for Qualifications (RFQL) 4552,owners of affordable housing multifamily buildings may qualify to receive a high performance retrofit solution that nears or achieves Carbon Neutral performance. After qualifying, building owners can partner with Solution Providers qualified through RFQL 4553 to install high performance retrofits from a RFQL 4551 qualified Component Manufacturer and apply for funding under RetrofitNY’s Program Opportunity Notice (PON) 4878.
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Low-Carbon Capital Planning Support offers cost-share incentives through the Flexible Technical Assistance (FlexTech) program to assist with multifamily building energy study funding. Portfolio-level studies enable low-carbon upgrade prioritization across one’s building portfolio. Building-specific studies focus the implementation of low carbon retrofits at one building. Studies will list recommended low carbon upgrades, provide a comprehensive cost-benefit analysis, and produce a low carbon phased implementation plan.
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Commercial electric customers are eligible for $1,200 in savings on ENERGY STAR–rated ultra-low temperature freezers for-80°C storage, at point of sale.
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Receive an instant rebate and up to 75% lower energy costs with the purchase of qualifying efficient natural gas and electric food service equipment, including ovens, broilers, dishwashers, and ventilation equipment. Rebate amount and lifetime savings estimates vary by product type and model.
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The Charge NY initiative offers electric car purchasers with a Clean Drive Rebate of up to $2,000 for new car or lease purchases.
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To achieve New York State’s goals for a low carbon future, NYSERDA and the New York electric utilities have partnered to offer a range of initiatives to make heat pumps more affordable and accessible. Through the program, Con Edison offers customers incentives to reduce the upfront costs of Air-Source Heat Pumps (ASHPs) and Ground-Source Heat Pumps(GSHPs) for both space heating and cooling, as well as Heat Pump Water Heaters for water heating.
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In New York State and throughout Westchester County, municipalities have created IDAs and LDCs in order to provide financing for commercial, industrial, non-profit (LDCs), and other business entities to create local jobs and forward economic development projects.
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Through the New Construction – Housing Program (NC-Housing), NYSERDA offers financial incentives and technical support for the new construction, gut rehabilitation, or change of use of residential and mixed-use buildings that have reduced or zero carbon emissions.
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The New York Truck Voucher Incentive Program (NYTVIP), provides vouchers, or discounts, to fleets across New York State that purchase or lease all-electric (battery electric or BEV), hydrogen fuel cell electric (FCEV) plug-in hybrid electric (PHEV), conventional hybrid electric (HEV), compressed natural gas (CNG), or propane medium- and heavy-duty vehicles (weight class 3 through 8) and scrap a similar older diesel vehicle that is part of their fleet. The program is intended to help fleets adopt clean vehicle technologies while removing the oldest, dirtiest diesel engines from New York roads by reducing the upfront prices of these vehicles, which are more expensive than comparable diesel vehicles.
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NYSERDA offers a single up-front payment at a fixed incentive amount per kilowatt hour (kWh) of usable energy storage for projects up to 5 megawatts (MW).
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To achieve New York State’s goals for a low carbon future, NYSERDA and the New York electric utilities have partnered to offer a range of initiatives to make heat pumps more affordable and accessible. Through the program, Con-Edison offers customers incentives to reduce the upfront costs of Air-Source Heat Pumps and Ground-Source Heat Pumps for both space heating and cooling as well as for Heat Pump Water Heaters for water heating.
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NYSERDA’s Small Business Financing program offers small businesses, including multifamily building owners and not-for-profit organizations, two loan options for financing energy efficiency and renewable energy projects: Participation Loan Financing and On-Bill Recovery Financing.
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The Con Edison C&I Energy Efficiency Program offers incentives for installing energy efficient electric and gas equipment and technologies.
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This program works to partner businesses with a dedicated energy efficiency service provider who will analyze the business’s smart meter data and provide a custom set of solutions that will optimize business performance and reduce operational costs. The program works with New York State Energy Research and Development Authority (NYSERDA) and aims to transform the energy efficiency market by using smart meter technology to calculate energy savings.
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Through the Smart Usage Rewards Program, Con Edison pays its customers for reducing their electric and gas consumption during peak hours. During peak hours the program pays small businesses to temporarily reduce their electric or natural gas usage through Smart Usage (demand response). Through the electric Smart Usage Program, participants may earn up to $18,000 a year for every 100 kW (kilowatts) the participant pledges to reduce. Through the natural gas Smart Usage Program, participants may earn up to $4,500 per winter for every 100 therms per day the participant pledges to reduce.
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Con Edison’s Instant Lighting Incentive Program (ILIP) provides instant rebates for purchasing qualified ENERGY STAR and DesignLights Consortium LEDs from participating contractors. The program is intended to benefit both participating contractors and their customers by increasing sales while also making LED upgrades more affordable for customers.
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NYSERDA offers technical support and financial incentives to Applicants and/or their design teams to identify and install energy efficiency, electrification, and carbon reduction opportunities to achieve Carbon Neutral Ready levels of performance in non-residential and mixed-use new construction, change of use, and substantial renovations to existing buildings.
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Fannie Mae Green Financing Business provides mortgage financing to apartment buildings and cooperatives (with five or more units) to finance energy and water efficiency property improvements. Its green financing programs include Green Rewards, and preferential pricing for loans secured by a property with an eligible Green Building Certification. Options are available for properties at acquisition, refinance, or supplemental financing.
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The Charge Ready NY program  offers rebates to qualifying owners and managers that install a NYSERDA-approved EV charging station at their commercial property.
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The Bulk Energy Storage Incentive program offers financial incentives for new energy storage projects greater than 5 MW that are connected to the grid. The energy storage system must provide services to the wholesale energy market, ancillary services, or distribution level service.
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The program provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses to install renewable energy systems or to make energy efficiency improvements.
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Sustainable Westchester has partnered with Logical Buildings, a smart building technology software and systems integrator, to launch the GridRewards program. The program connects Con Edison smart meter data with Logical Buildings’ mobile app, SmartKit AI, to provide users with customized energy efficiency insights to help reduce energy usage. GridRewards also allows energy users in Westchester County to receive cash rewards for reducing energy usage during high demand periods, as part of Con Edison’s Demand Reponses Program.
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