ConEd (Gas) - Multi-family Energy Efficiency Incentives Program

January 19, 2023


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. 

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: New York
Incentive Type: Rebate Program
Web Site:
Administrator: Con Edison
Start Date:
Eligible Renewable/Other Technologies:
  • Refrigerators/Freezers
  • Equipment Insulation
  • Boilers
  • Steam-system upgrades
  • Programmable Thermostats
  • Energy Mgmt. Systems/Building Controls
  • Caulking/Weather-stripping
  • Duct/Air sealing
  • Building Insulation
  • Other EE
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


This program has 3 incentives
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

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.