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Incentives/Policies for Energy Efficiency

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NYSERDA - Energy $mart Multifamily Performance Program

Last DSIRE Review: 01/19/2010
Program Overview:
State: New York
Incentive Type: State Rebate Program
Eligible Efficiency Technologies: Clothes Washers/Dryers, Dishwasher, Refrigerators, Dehumidifiers, Lighting, Furnaces , Boilers, Heat pumps, Air conditioners, Building Insulation, Windows, Doors, Comprehensive Measures/Whole Building
Eligible Renewable/Other Technologies: Other Distributed Generation Technologies
Applicable Sectors: Multi-Family Residential, Low-Income Residential
Amount:Varies by income eligibility and efficiency level
Installation Requirements:Work with listed project partner
Program Budget:Regular Multifamily: $26.1 million (July 1, 2006 - June 30, 2011)
Low-Income Multifamily: $114.6 million (July 1, 2006 - June 30, 2011)
Funding Source:System Benefits Charge
Web Site: http://getenergysmart.org/MultiFamilyHomes/Default.aspx
Summary:
Note: This program has been temporarily suspended pending revisions to the program rules by NYSERDA. The program will re-open when revised rules are approved by the New York Public Service Commission (PSC).  
 
Under NYSERDA's Energy $mart Multifamily Performance Program, new construction of multifamily buildings and existing multifamily buildings are eligible for incentives that improve energy savings through energy efficiency or innovative energy solutions, such as renewable energies. Through this program, interested building owners work with a Multifamily Performance Partner. The program website contains a guide to assist building owners/managers in selecting a Performance Partner. Additional incentives are available for projects that serve or are expected to serve low-income tenants, as well as income qualified housing that meets certain sustainability guidelines.  
 
Working with the Performance Partner and NYSERDA, an existing building is compared against similar buildings and the owner and partner develop plans for how efficient the project will be in comparison. Implementing the project and reaching this goal will allow the building owner to receive a variety of incentives based on building performance. Owners of proposed new buildings work with partners to design buildings with Energy Star guidelines in mind. Incentives for both types of project are awarded as a series of payments upon completion of certain project milestones.  
 
To be eligible for affordable housing incentives, the building owner must demonstrate that the property is publicly-subsidized or that at least 25% of residents receive public assistance or earn below 80% of the State Median Income. NYSERDA accepts the use of several different types of proxy measures in determining whether the income eligibility requirement is met. A separate Green Affordable Housing program offers additional incentives for sustainable building construction (e.g., LEED certification) in income-qualified housing.  
 
Eligible buildings must have five or more units regardless of the number of stories. Buildings may contain nonresidential-related commercial space, if that space does not consist of more than 50% of the gross heated square footage of the entire project. Buildings generally must use electricity from one of the following providers: Central Hudson Gas & Electric Corp., Consolidated Edison Company of New York, Inc., New York State Electric & Gas Corporation, National Grid, Orange and Rockland Utilities, Inc. and Rochester Gas and Electric Corporation. Additional gas efficiency incentives are available to qualifying natural gas customers of National Grid and ConEd.  
 
Participants in this program may also qualify for favorable financing arrangements through the Energy $mart Loan Fund.  
 


 
Contact:
  Energy $mart Multifamily Performance Program - Existing Buildings
TRC Energy Services
10 Maxwell Drive, Suite 200
Clifton Park , NY 12065
Phone: (877) 697-6278
E-Mail: ExistingBuildings@trcsolutions.com
 
  Energy $mart Multifamily Building Performance - New Construction
TRC Energy Services
1430 Broadway, 10th Floor
New York , NY 10018
Phone: (877) 697-6278
E-Mail: NewConstruction@trcsolutions.com
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Please note: The information on the DSIRE web site provides an overview of incentives and other policies, but it should not be used as the only source of information when making purchasing decisions, investment decisions, tax decisions or other binding agreements. Please refer to the individual contact provided in each record to verify that a specific incentive or other policy is applicable to your specific project.

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