| Program Name: | Real Time Energy Management (RTEM) Program |
| Program Sponsor: | NYSERDA |
| Program Type: | Management Software/ Data Tracking; Information Sharing/Technical Support |
| Technology: | Alternative Energy Generation/ Renewables; Energy Efficiency/ Demand Response |
| Fuel: | Fuel Neutral |
| Eligibility: | Small businesses; Multifamily buildings with 5+ units |
| Cost: | Application Based |
The application deadline for RTEM for Small Business and Multifamily RTEM is December 31st, 2024.
Description
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.
NYSERDA offers 20-30% cost-share incentive for RTEM project expenses which include hardware, installation, and three years of ongoing support from energy experts.
Eligibility
RTEM programs remain available for three types of entities: small businesses, multifamily buildings with 5+ units, and tenant buildings with multiple tenants and an RTEM system that monitors at least 75% of total building consumption. Eligible buildings and businesses must be New York State electricity distribution customers of a participating utility company that pays into the System Benefits Charge (SBC), including Con Edison in Westchester County.
How the Program Works
RTEM for Small Business: The RTEM for Small Business program provides professionally curated analytics and recommendations to business owners tailored for their space and budget. A Small Business includes properties of less than 50,000 Gross SQFT, with average 12-month peak demand of less than 300 kW. Eligible businesses include, but are not limited to, education, food sales/services, lodging, mercantile (retail other than mall), professional/technical services, public assembly, religious worship, and municipal sites. Eligible sites must also be on a Commercial rate with a participating utility.
NYSERDA offers a 30% cost-share incentive for eligible small business RTEM project expenses, subject to a total incentive cap of $85,000 for both System and Service costs. Costs may include hardware, software, installation, and three years of ongoing support from energy experts.
Interested businesses can get started by selecting a NYSERDA-qualified RTEM vendor who will complete an application for an eligible project on the NYSERDA portal.
Multifamily RTEM: New York State multifamily buildings with five (5) or more units including rentals, cooperatives, and condominiums. The minimum project scope for standard RTEM projects and additional requirements for Market Rate Multifamily and LMI Multifamily projects may be found here.
For Market Rate Multifamily projects, NYSERDA offers 20% cost share for system installation and service costs for three (3) years. For LMI Multifamily projects NYSERDA offers 30% cost share for system installation and service costs for three (3) years. Each Multifamily sector qualifying project site is limited to receiving $155,000 of program funding, and Multifamily Portfolio Cap NYSERDA funding is limited to a maximum of $1,500,000 per customer.
RTEM+ Tenants Program: The RTEM + Tenants Program provides carbon footprint monitoring and energy demand of the core building areas, shared common spaces, and tenant spaces. The program will cost share up to 33% of RTEM implementation and service fees for up to three years.
How to Apply
RTEM for Small Businesses: Interested businesses can get started by selecting a NYSERDA-qualified RTEM vendor, who will complete an application for an eligible project on the NYSERDA portal.
Multifamily RTEM: Connect with an RTEM agent to get started.
RTEM + Tenants Program: Begin by reading the full funding opportunity or selecting a NYSERDA-qualified RTEM + Tenant qualified vendor.
For more information, please visit the RTEM Programs webpage.
Contact Information
Questions may be emailed to rtem@nyserda.ny.gov.