Energy Efficiency/Demand Response
This new online tool from NYSERDA is a free online resource that enables Westchester County property owners to easily assess the feasibility of geothermal heating and cooling for any building or property in the County.
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This program provides incentives to landlords and tenants interested in incorporating energy efficiency technology in leased commercial spaces. The program covers up to 100% of professional service fees of eligible consultants retained by a landlord or tenant to offer technical assistance in incorporating energy efficiency measures for leased commercial spaces.
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Energy Studies identify and analyze opportunities to make buildings more efficient, which lowers associated energy costs. This program is effective January 1, 2021 through December 31, 2021, and customers are eligible for 100% reimbursement of either the cost of the energy study or the installed measure costs, whichever is less.
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The 179D Commercial Buildings Energy Efficiency tax deduction enables building owners to claim a tax deduction of up to $1.80 per square foot for installing qualifying systems. Tenants may also be eligible if they make construction expenditures.
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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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FlexTech funds energy studies for commercial, industrial and multifamily facilities to evaluate the efficacy of adopting clean energy and sustainability measures.
The goal of the FlexTech program is to improve energy investment decisions for facility owners by sharing the cost of producing an objective, site-specific, and targeted study on how best to implement clean energy and/or energy efficiency technologies, reduce operation and maintenance costs, extend equipment life, and increase occupant comfort.
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The Energy-Efficient New Homes Tax Credit for Home Builders (IRC Section 45L) allows developers or builders of a qualified new energy-efficiency home to claim a $2,000 tax credit in the year that unit is sold or leased as a residence.
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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 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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Portfolio Manager is an interactive energy management tool that allows users to track and asses energy and water consumption, as well as greenhouse gas emissions, in commercial buildings. Users may use the online tool to benchmark the performance of one building or a whole portfolio of buildings. Users can then use the results to identify under-performing buildings, set goals for energy performance, verify efficiency improvements, and receive EPA recognition for superior energy performance.
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Through the Strategic Management Program (SEM), NYSERDA provides tools and resources to assist businesses manage energy use in a coordinated and strategic way. NYSERDA offers two training options that teach businesses how to establish and implement SEM. Through the training, participants will learn to: Collect, measure, and track energy use information to help inform strategic business decisions. Continuously measure and improve energy performance. Empower and motivate workforces to contribute to energy strategy and goals.
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Real Time Energy Management (RTEM) is a term used by the New York State Energy and Research Development Authority (NYSERDA) to describe a combination of systems and services employed to monitor and identify building improvement opportunities. The system consists of hardware, software, and secure internet connectivity that continuously transmits a building’s current and historical performance data to the cloud, provides automated fault detection and diagnostics (FDD), and supports demand response.
RTEM continuously analyzes real-time granular data from the cloud and transforms it into actionable information for property owners, building managers and tenants, and can pinpoint a building’s operational inefficiencies, identify energy conservation measures, and help justify capital improvements.
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The NY Energy Manager (NYEM) is an energy management software that allows NYPA customers to improve building energy performance and reduce emissions and energy costs. NYEM is an analytic software that works with metering hardware designs a custom energy management strategy for single facilities or multiple building portfolios.
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