Market-Rate Multifamily Building Savings
Receive incentives and save money when you upgrade your building’s aging equipment to efficient, eco-friendly alternatives.
About
Save on lighting, boilers, HVAC equipment, and more for your 5+ unit multifamily building. These upgrades are more efficient, reduce costs, and help you stay ahead of building code mandates.
Incentives
Get in-depth information on all the limited-time incentives for things like hot water boilers, lighting, and more.
Limited-Time Bonus Incentives
|
Measure |
Base Rate |
Bonus Rate |
Total |
Key Dates |
|---|---|---|---|---|
|
Measure Attic Insulation – No Existing Insulation |
Base Rate $3 per sq ft |
Bonus Rate $2 per sq ft |
Total $5 per sq ft |
Key Dates
|
|
Measure Above Deck Roof Insulation – Spray Polyurethane Foam (SPF) Application |
Base Rate |
Bonus Rate $8 per sq ft |
Total $8 per sq ft |
Key Dates
|
|
Measure Above Deck Roof Insulation – Rigid Board Foam/VIP Application |
Base Rate |
Bonus Rate $10 per sq ft |
Total $10 per sq ft |
Key Dates
|
Eligibility
- You must own a multifamily (5+ units) residential building where you receive Con Edison gas and/or electric delivery service depending on the proposed project type.
- You have not previously received an incentive from Con Edison, NYSERDA, or another energy company for the same measure(s).
- If your building is part of the New York State Affordable Multifamily Energy Efficiency Program (AMEEP), it's also eligible.
- After you sign the application, a pre-inspection must occur, and a commitment letter must be sent back. Please note: installation cannot begin before this letter is sent, or the project will not be part of this program and will be ineligible for incentives.
Additional Resources
- Building codes and local laws. Learn More
- Multifamily Building Energy Efficiency Program Manual. Read Now
- Multifamily Energy Efficiency Program Portfolio Application. Apply Now
Success Story:
Beekman Hill Co-op secured $1 million in incentives to electrify its space cooling, heating, and hot water.
Success Story:
Lincoln Towers saved $173,600 by switching their elevators from direct to alternate current.
Success Story:
Parkchester condos received a $14 rebate for each foot of pipes covered in insulation.
