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New York

New York

Incentives/Policies for Energy Efficiency

Printable Version
Energy Smart New Construction Program   

Last DSIRE Review: 12/16/2012
Program Overview:
State: New York
Incentive Type: State Rebate Program
Eligible Efficiency Technologies: Comprehensive Measures/Whole Building, Custom/Others pending approval
Eligible Renewable/Other Technologies: Not specified
Applicable Sectors: Commercial, Industrial, Nonprofit, Schools, Local Government, State Government, Fed. Government, Multi-Family Residential, Agricultural, Institutional, (See Summary for Details on Sector Eligibility)
Amount:50-75% of incremental costs, depending on type of project
Maximum Incentive:Up to $825,000 for upstate residents, and $1.575 million for Con Edison customers (not including bonus incentives)
Equipment Requirements:Energy efficiency measures must exceed energy code
Installation Requirements:Vary by project type
Funding Source:System Benefits Charge
Program Budget:$91 million (2012 - 2015)
Start Date:01/04/2012 (current program)
Expiration Date:12/31/2015 (or until funding is exhausted)
Web Site: http://www.nyserda.ny.gov/Funding-Opportunities/Current-Funding-O...
Summary:

The New York State Energy Research and Development Authority (NYSERDA) encourages the incorporation of energy efficiency and renewable-energy resources into the design, construction and operation of agricultural, commercial (wholesale/retail), industrial/manufacturing, institutional and multi-family buildings (5 units or more) through the Energy $mart New Construction Program. The definition of eligible applicants includes governmental entities, not-for-profits, health care facilities, K-12 schools, colleges and universities. Substantial renovations of existing buildings are also eligible for incentives under this program. Residents and businesses interested in participating in this program should first contact NYSERDA at (866) 697-3732. NYSERDA can walk potential participants through the process, and help them to better understand the program and how they can benefit from it.

Under Program Opportunity Notice 1601 (PON 1601), $91 million is available to conduct technical assessments of energy-efficiency measures in building designs and to offset up to 75% of the incremental capital costs to purchase and install energy-efficient equipment. Maximum incentive amounts vary by project type and incentive category. Incentive amounts for projects in Consolidated Edison's (ConEd) service territory are generally higher than incentive amounts for projects in other utilities' service territory. The total per project limit is $1.575 million for projects in ConEd's service territory and $825,000 for eligible customers of other utilities. Bonus incentives for certain improvements are not counted towards the project cap.

Funding is available for technical assistance; commissioning services; pre-qualified measures; custom electric efficiency measures; whole-building design; and LEED projects. Incentives are based on the predicted energy performance of the building design and are available on a first-come, first-served basis from January 4, 2012 through December 31, 2015. For details or additional information, see the current program solicitation at the program web site, shown above.

The program is funded by the New York's System Benefits Charge (SBC) and is only available to electricity and natural gas customers that pay this charge.


 
Contact:
  E. Stephen Finkle
New York State Energy Research and Development Authority
17 Columbia Circle
Albany, NY 12203-6399
Phone: (518) 862-1090 Ext.3505
Phone 2: (866) 697-3732
Fax: (518) 862-1091
E-Mail: esf@nyserda.ny.gov
Web Site: http://www.nyserda.ny.gov
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.