Funding & Incentives
Funding and Incentives
There are a number of available programs to help companies in Westchester finance energy efficiency and other green improvements. Please see below for details and check back often for updates.
CON EDISON
Call (877) 870-6118 or visit www.coned.com/energyefficiency to learn more about the Con Edison commercial and industrial energy efficiency programs listed below.
Con Edison Small Business Direct Installation (SBDI) Program
The Con Edison SBDI program is designed to help small business customers save money and save energy. If you are a Con Edison business customer with an average peak monthly electric demand under 100kW, you are elibigle for a free energy efficiency survey of your business, including recommendations on how you can achieve even greater energy and financial savings with incentives of up to 70 percent when you install high efficiency lighting, ballasts and fixtures, retro commission your existing heating, ventilation and cooling (HVAC) system, and more. Contact us at (888) WILLDAN to schedule your energy efficiency survey.
Commercial and Industrial Energy Efficiency Rebate Program
To help you reduce costs and become more energy efficient, Con Edison offers commercial and industrial customers incentives and rebates for installing high-efficiency gas and electric equipment. You can get rebates for certain upgrades, including lighting fixtures; LED exit signs; chillers; packaged heating, ventilation, air conditioning systems; motors; and water and steam boilers. For more information, contact David Pospisil at (212) 460-2429 or
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Commercial and Industrial Energy Efficiency Custom Program
The Custom Program offers performance-based incentives for cost-effective, energy-efficient technologies not included in the Commercial and Industrial Energy Efficiency Rebate Program. These include implementing energy-efficient electric and gas measures, and funding a portion of a comprehensive energy study for customer facilities. Download a project application form. For more information, contact David Pospisil at (212) 460-2429 or
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Con Edison Demand Response Programs
The demand for electricity on hot summer days contributes significantly to peak-day generator emissions, installation of costly utility equipment and the purchase of expensive peak-day energy. Con Edison’s new demand reduction programs for commercial and residential customers provide financial incentives for participation and help lower the demand for electricity during peak periods when energy use is at its highest. For more information about programs for commercial customers, refer to: Commercial System Relief Program and Critical Peak Rebate Program.
Con Edison Targeted Demand Side Management Program
Con Edison’s Targeted Demand Side Management Program encourages business and residential customers in select neighborhoods to use less electricity by offering free or subsidized energy efficiency upgrades.
Con Edison Multi-Family Energy Efficiency Program
The Con Edison Multi-Family Energy Efficiency Program (MFEEP) is designed to help reduce energy costs and promote energy efficiency in small to mid-sized multi-family buildings in New York City and Westchester County. The program is implemented for Con Edison by the Association for Energy Affordability, Inc. (AEA). Buildings that participate in the program can receive financial incentives for approved energy efficiency upgrades to building systems and specified in-unit measures described below. An energy survey is provided to identify opportunities for energy savings.
NYSERDA
PON 2112 - Solar PV Program Financial Incentives
The New York State Energy Research and Development Authority (NYSERDA) provides cash incentives for the installation by Eligible Installers of new grid-connected Solar Electric or Photovoltaic (PV) systems that are 7kW or less for residential, and 50 kW or less for commercial sites. Funding for the Solar Electric Incentive Program (“Program”) has been allocated by the New York State Renewable Portfolio Standard. Incentives will be granted on a first-come, first-served basis, and PV incentive applications will be accepted through December 31, 2015, or until funds are fully committed, whichever comes first. * Total Incentives available are subject to revision by the New York Public Service Commission.
Green Jobs Green New York (GJGNY) Small Business and Not-for-Profit Energy Efficiency Financing Program
The GJGNY Small Business and Not-for-Profit Energy Efficiency Financing Program works with lenders statewide to provide eligible small-businesses and not-for-profits with access to low-interest energy efficiency project financing. Under this program, NYSERDA’s share of a loan will be 50 percent of the eligible loan amount, up to $50,000, at 0 percent interest. The lender of the applicant’s choice will provide the remaining principal portion at market rate, resulting in a below-market interest rate being charged to the applicant.
Small Commercial Energy Assessments
This program will provide energy assessments to small businesses and other facilities to help them make informed electrical energy decisions and implement energy-efficiency strategies. Assessments help identify economically viable improvements that yield substantial annual energy savings.
NYSERDA FlexTech Program
NYSERDA’s FlexTech Program provides New York State commercial, industrial, institutional, government, and not-for-profit sectors with objective and customized information to help customers make informed energy decisions. FlexTech’s goal is to increase productivity and economic competitiveness of participating facilities by identifying and encouraging the implementation of cost-effective energy efficiency, carbon reduction measures, peak-load curtailment, and combined heat & power (CHP) and renewable generation projects.
The New York State Energy Research and Development Authoritys (NYSERDA) Existing Facilities Program
This program offers incentives for a variety of energy projects including Pre-Qualified Measures and Performance-Based Incentives to customers or Energy Services Companies (ESCOs) for Electric Efficiency, Natural Gas Efficiency, Demand Response, Combined Heat and Power, and Industrial and Process Efficiency projects. Facilities seeking technical assistance should explore NYSERDA’s Technical Assistance program. NYSERDA also offers Industrial and Process Efficiency incentives to offset the cost of projects that improve energy efficiency and productivity at Industrial and Data Center facilities.
PON 2112 Solar Electric Incentive Program
The New York State Energy Research and Development Authority (NYSERDA) provides cash incentives for the installation by Eligible Installers of new grid-connected Solar Electric or Photovoltaic (PV) systems that are 7kW or less for residential, 25kW or less for not-for-profit and 50 kW or less for commercial sites. Funding for the Solar Electric Incentive Program (“Program”) has been allocated by the New York State Renewable Portfolio Standard. The goal of the program is to install 82 MW or 93,806 MWhs of Solar Electric Power systems. Incentives will be granted on a first-come, first-served basis, and PV incentive applications will be accepted through December 31, 2015, or until funds are fully committed, whichever comes first.
New Construction Program
The New Construction Program (NCP) for commercial/industrial businesses can provide assistance when incorporating energy-efficiency measures into the design, construction, and operation of new and substantially renovated buildings. Incentives are available for the purchase and installation of energy-efficient equipment that reduces electric energy consumption in new and substantially renovated buildings.
NYSEG
Small Business Energy Efficiency Program
Focused on the needs of business customers with demand of less than 100 kilowatts, eligible businesses will receive free energy assessments and 70 percent of the cost of recommended lighting upgrades will be covered. Lighting upgrades could include replacement of existing fluorescent fixtures with higher efficiency lamps and ballasts; changing incandescent bulbs to compact fluorescent lights (CFLs); and upgrading exit signs to light emitting diode (LED) technology.
Local Lenders
Community Capital Resources
Community Capital Resources is a Small Business Administration microlender providing loans to start-up and existing businesses in Westchester County. CCR can lend up to $35,000. CCR’s Green Loan Program targets businesses that wish to reduce their energy bills by undertaking energy savings initiatives. CCR works with the ConEdison and NYSERDA energy audit programs to fill financing gaps that arise between energy savings project costs and available incentives. We offer discounted interest rates through the Green Loan Program. Contact us today: Tamara Underwood, (914) 747-8020 X 16;
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or www.ccrhv.org
ACCION USA
ACCION USA is a leading provider of loans and financial education to small business owners who cannot access traditional financing. If you want to save energy and money, and improve business profits by going green, an ACCION USA Green Small Business Loan can help. Reduced interest rates are offered to qualified entrepreneurs in New York State to incorporate green products, services or energy saving principles into their business operations. For more information, contact Yan Li Jiang at (646) 833-4541 or
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Other
Green Wage Subsidy Initiative - Westchester/Putnam Workforce Investment Board
The Westchester/Putnam Workforce Investment Board (WPWIB) is inviting Green businesses to participate in its Green Wage Subsidy Program (GWSP). The GWSP assists businesses in Westchester County identify, train and hire qualified candidates to fill current job openings. The program provides up to $15.00 per hour wage subsidy to the employer for each trainee; provides valuable work experience and training for the trainees; and supports the enhancement and development of a skilled workforce to meet the needs of our local businesses.
Database of State Incentives for Renewables and Efficiency
Established in 1995, the Database of State Incentives for Renewables & Efficiency (DSIRE) is an ongoing project of the North Carolina Solar Center and the Interstate Renewable Energy Council (IREC). It is funded by the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE), primarily through the Office of Planning, Budget and Analysis (PBA). The site is administered by the National Renewable Energy Laboratory (NREL), which is operated for DOE by the Alliance for Sustainable Energy, LLC.