Solar & Battery Regulation & Incentive Programs

ConEd (Electric) - Commercial and Industrial Energy Efficiency Program

Program Overview


Category:
Financial Incentive
Program Type:
Rebate Program
Implementing Sector:
Utility
State:
New York
Eligible Storage Technologies:
Refrigerators/Freezers, Water Heaters, Lighting, Lighting Controls/Sensors, Chillers, Furnaces, Boilers, Heat pumps, 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
Website:
https://www.coned.com/en/save-money/rebates-incentives-tax-credits/rebates-incentives-tax-credits-for-commercial-industrial-buildings-customers/save-with-energy-efficiency-upgrades
Incentive Amount:
Lighting
Varies widely by type
Performance-Based Incentive: $0.25/kWh up to 50% of project cost

HVAC
Air to air Heat Pump: $200/ton
Unitary HVAC and Split Air systems: $75/ton
Packaged Terminal AC/HP: $150 per ton
Water Source Heat Pump: $160/ton
Single-Packaged Vertical AC/HP: $0.30/kWh saved + $1,200/kW saved
Variable Refrigerant Flow AC/HP: $0.30/kWh saved + $1,2000/kW saved

Others
Chillers: $0.45/kWh saved
Air Compressors: $300/HP
Window Film: $1/sq. ft.
Pre-Rinse Spray valve: $15/unit
Faucet Aerator: $2/unit
Variable Frequency Drives: $0.19/kWh saved

Refrigeration
Door Gasket: $0.16/kWh
Night Cover: $0.16/kWh
Strip Curtains: $0.16/kWh
Electronically Commutated Motors: $0.16/kWh
Anti-Condensation Heater Controls: $25/door
Evaporator Fan Controls: $0.16/kWh

Custom
Custom kW Savings: $1,200/kW
Custom kWh Savings: $0.30/kWh

Demand Management Incentive: Varies
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.
Administrator:
Lockheed Martin
Applicable Sectors:
Commercial, Industrial, Federal Government
Expiration Date:
12/31/2015
Utility:
Consolidated Edison Co-NY Inc
Last Updated:
05/20/2019
Funding Source
system benefits charge (SBC)

Eligibility Criteria

EligibilitySectorsTechnologies
$/first year kWh savings0.3000
Commercial
Industrial
Federal Government
Custom/Others pending approval
max % of cost50.0000
Commercial
Industrial
Federal Government
Custom/Others pending approval
max $999999.9999
Commercial
Industrial
Federal Government
Custom/Others pending approval
$/first year kWh savings0.1900
Commercial
Industrial
Federal Government
Motor VFDs
min $/ton150.0000
Commercial
Industrial
Federal Government
Heat pumps
max $/ton200.0000
Commercial
Industrial
Federal Government
Heat pumps
$/first year kWh savings0.4500
Commercial
Industrial
Federal Government
Chillers

Summary

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 who contribute to the system benefits charge (SBC). Incentive payments are limited to a simple payback period of one year for commercial projects and six months for industrial projects. Proposed custom incentive projects will be required to pass a cost-effectiveness test. 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 kw or less.

In May 2011, Con Edison Company began to provide financial incentives for energy efficiency specifically to defer or avoid transmission and distribution capital expenditures. This targeted demand side management program provides financial incentives to demand side management providers, and was approved up to $25 million a year for four years with the goal of attaining 100 MWs of permanent load reduction.