Skip to Main Content
ajax loader animation
ajax loader animation

Incentives for Multifamily Building Electrification

Receive tens of thousands of dollars in incentives to upgrade your 5+ unit building with efficient heat pump technology.

Apply Now
buildings

About

Be comfortable all year-round with heat pumps—the latest in efficient heating and cooling technology. Find the right one for you and your building.

Incentives for all eligible building electrification technologies—including, but not limited to, central air-source heat pump, ductless mini-splits, variable refrigerant flow heat pumps, and air-to-water heat pump water heaters—are available

Market Rate Building Electrification Measures (MFEEP-E)

Market rate incentives will be capped at $1 million per project or 50% of project costs, whichever is less

Former Category

Measure Name

ASHP

2C

Prescriptive Space Heating: Full Building Load Electrification

$5,000 per Dwelling Unit

4

Custom Space Heating: Full Building Load Electrification

$200 per MMBtu

6

Custom Domestic Hot Water Electrification (“DHW”)

$200 per MMBtu

6A

Prescriptive Domestic Hot Water Electrification (“DHW”)

$1,000 per Dwelling Unit

10

Space Heating: Phased Load Electrification

$70/MMBtu

Measure Name
Prescriptive Space Heating: Full Building Load Electrification

ASHP
$5,000 per Dwelling Unit

Measure Name
Custom Space Heating: Full Building Load Electrification

ASHP
$200 per MMBtu

Measure Name
Custom Domestic Hot Water Electrification (“DHW”)

ASHP
$200 per MMBtu

Measure Name
Prescriptive Domestic Hot Water Electrification (“DHW”)

ASHP
$1,000 per Dwelling Unit

Measure Name
Space Heating: Phased Load Electrification

ASHP
$70/MMBtu

Back to top

Affordable Housing Building Electrification Measures* (AMEEP-E)

Incentives will be capped at $1 million per project or 85% of project costs, whichever is lower.

Measure Name

Non-Comprehensive Incentive

Comprehensive Incentive

Space Heating

$12,000 per Dwelling Unit

$14,000 per Dwelling Unit

Water Heating

$2,400 per Dwelling Unit

$4,400 per Dwelling Unit

Space and Water Heating Combined

$14,400 per Dwelling Unit

$18,400 per Dwelling Unit

Attic Insulation (required if not already present)

$5 per square foot

Non-Comprehensive Incentive
$12,000 per Dwelling Unit

Comprehensive Incentive
$14,000 per Dwelling Unit

Non-Comprehensive Incentive
$2,400 per Dwelling Unit

Comprehensive Incentive
$4,400 per Dwelling Unit

Non-Comprehensive Incentive
$14,400 per Dwelling Unit

Comprehensive Incentive
$18,400 per Dwelling Unit

Non-Comprehensive Incentive
$5 per square foot

Eligibility

  • You must own or manage a residential multifamily building with 5+ residential units and have an eligible Con Edison electric account.
  • New construction space heating applications are only eligible for geothermal heat pump (GSHP) incentives, not air source heat pump (ASHP) incentives. Heat Pump Water Heaters (HPWH) for Domestic Hot Water (DHW) incentives are available to new construction and existing building projects.
  • Mixed-used buildings with both multifamily and commercial spaces can apply to the program with the dominant use type, determined on a case-by-case basis.
  • All existing buildings are subject to decommissioning of the existing fossil fuel system for the building’s space-heating scope of work, with the exception of Phase Load Electrification projects.
  • Common area-only projects are not eligible for Clean Heat incentives.
  • Projects submitted must not have begun installation.
  • All building electrification projects need to be considered service adequate by Con Edison Energy Services before any incentive payment will be released. For more information on the Service Adequacy process, please refer to the Service Adequacy One Pager and the Con Edison Blue Book.

Please read the Program Manual (PDF), Technical and Inspections Guide (PDF), and Building Electrification Technical Guide (PDF) for full eligibility requirements.

Back to top

Get Started

Step 1

Find an approved contractor.

Step 2

Let us know you’re interested.

Step 3

Fill out an application.

Step 4

Find a participating contractor.

Back to top

Frequently Asked Questions

 

Back to top

Abbreviation definitions: Air-source heat pump (ASHP). Central air-source heat pump (CCASHP). Ground-source heat pump (GSHP). Heat pump water heater (HPWH).

Projects are considered “Installed” when the entire heat pump system has been completely installed and is fully operational. Projects that do not meet these criteria will be eligible for the Base Incentive Rates.

 

*ASHP categories 6 and 6A are now available for both new construction and existing buildings.

**Incentives are offered subject to program rules and available funding.