Con Edison offers a free energy audit and rebates for Multifamily buildings. Incentives are offered for energy efficient heating equipment for 5-100 unit buildings in the eligible service area. Eligible measures and equipment include water boilers, steam boilers, boiler controls, indirect water heaters, energy management systems, and wifi thermostats. Additionally, certain low cost "in-unit" upgrades including smart power strips and low-flow devices are offered at no charge during the initial energy audit. All equipment must be installed by a participating contractor and installations may be inspected before incentive payments. Contact Con Edison for more information on these programs.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | New York |
| Incentive Type: | Rebate Program |
| Web Site: | https://www.coned.com/en/save-money/rebates-incentives-tax-credits/rebates-incentives-for-multifamily-customers |
| Administrator: | Con Edison |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
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| Incentive Amount: |
Energy Audit: No charge High Efficiency Hot Water Boilers: $2 - $3/MBH Condensing Hot Water Boilers: $4 - $5/MBH Steam Boilers: $2 - $3/MBH Storage Tank Water Heaters: $2,000/tank Energy Management Systems: $2,000 - $12,000 Pipe Insulation: $3 - $6/ln. ft. Roof and Wall Insulation: $0.50 - $1.50/sq. ft. Duct Seal & Insulation: 50% of cost up to $500/unit Wifi Thermostat: $100/unit Custom: $3/therm Comprehensive Packaged Measures: $3/therm Faucet Aerators, Showerheads, Thermostatic Radiator Valves: Free Natural Gas Conversion: Up to $75,000 |
| Maximum Incentive: | Energy Management System: 70% of total cost |
| Equipment Requirements: |
Incentives vary by efficiency and specifications on application Water Boiler: AFUE 87% minimum Steam Boiler: AFUE 82% minimum |
| Installation Requirements: | Must be installed by qualified contractors |
| Ownership of Renewable Energy Credits: | Not applicable |
| Technologies: | Steam-system upgrades |
| Sectors: | Multifamily Residential |
| Parameters: | The incentive has a minimum of 70.00 % of cost |
| Technologies: | Energy Mgmt. Systems/Building Controls |
| Sectors: | Multifamily Residential |
| Parameters: | The incentive has a minimum of 12000.00 $/Unit |
| Technologies: | Building Insulation |
| Sectors: | Multifamily Residential |
| Parameters: | The incentive has a maximum of 0.50 $/square foot, The incentive has a minimum of 1.50 $/square foot |
| Name: | Con Edison |
| Address: |
Cooper Station P.O. Box 138 New York NY 10276-0138 |
| Phone: | (877) 870-6118 |
| Email: | customerservice@coned.com |
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.
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