| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | New York |
| Incentive Type: | Rebate Program |
| Web Site: | http://www.conedci.com/program.aspx |
| Administrator: | Lockheed Martin |
| Expiration Date: | 12/31/2015 |
| Eligible Efficiency Technologies: | Equipment Insulation, Water Heaters, Furnaces, Boilers, Compressed air, Programmable Thermostats, Energy Mgmt. Systems/Building Controls, Caulking/Weather-stripping, Building Insulation, Processing and Manufacturing Equipment, Comprehensive Measures/Whole Building, Custom/Others pending approval, Other EE |
Con Edison offers New York Commercial natural gas 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 Commercial and Industrial Custom Efficiency Programs offer incentives to gas 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.
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. Contact Con Edison for additional information on these programs.
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