ConEd (Electric) - Commercial and Industrial Energy Efficiency Program

March 29, 2023


Note: All projects must be completed (all documents received, and project is ready for post inspection) by November 15, 2023, to be guaranteed for 2023 incentive rates. Incentives for projects completed after this date may be reduced.

See the program Manual for full listing of incentives

Con Edison offers New York Commercial electric customers a rebate program for energy efficient equipment in buildings inside the eligible service area. All equipment must be installed by a participating contractor and installations may be inspected before incentive payments. Customers can schedule an energy efficiency survey to begin the program.

The Commercial and Industrial Equipment Rebate and Custom Efficiency Programs offer incentives to directly metered electric customers in good standing.  Additionally, small businesses are eligible for direct-install incentives through Con Edison. This offering is separate from the standard commercial and industrial offerings and is only available to commercial customers with a monthly peak demand of 100-300kW.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: New York
Incentive Type: Rebate Program
Web Site:
Start Date:
Eligible Renewable/Other Technologies:
  • Refrigerators/Freezers
  • Water Heaters
  • Lighting
  • Lighting Controls/Sensors
  • Chillers
  • Furnaces
  • Boilers
  • Air conditioners
  • Compressed air
  • Programmable Thermostats
  • Energy Mgmt. Systems/Building Controls
  • Motors
  • Motor VFDs
  • Processing and Manufacturing Equipment
  • Custom/Others pending approval
  • Other EE
  • LED Lighting
Incentive Amount: Lighting
Varies widely by type
Performance-Based Incentive: $14 - $125/unit up to 50% of project cost

Unitary HVAC and Split Air systems: $75/ton
Packaged Terminal AC/HP: $150 per ton
Single-Packaged Vertical AC/HP: $0.30/kWh saved
Variable Refrigerant Flow AC/HP: $0.30/kWh saved

Chillers: $0.30/kWh saved
Air Compressors: $250/HP
Window Film: $1/sq. ft.
Pre-Rinse Spray valve: $15/unit
Faucet Aerator: $2/unit
Variable Frequency Drives: $0.19/kWh saved

Door Gasket: $0.19/kWh
Night Cover: $0.19/kWh
Anti-Condensation Heater Controls: $25/door
Evaporator Fan Controls: $0.19/kWh

Custom kWh Savings: $0.35/kWh

Maximum Incentive: Prescriptive rebates: capped at 50% of the project cost
Custom projects: capped at 50% of the project cost Total incentives: $1,000,000 for electric, and $250,000 for gas.
Equipment Requirements: See program web site.
Installation Requirements: To receive rebate for installation, must be an existing directly metered commercial or industrial building, which pays the System Benefits Charge, and has not received an incentive from NYSERDA or another utility.


Name: Con Edison Commercial

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.