Con Edison is offering selected customers incentives to install new steam chillers instead of electric chillers or to replace existing steam chillers with newer, more efficient steam units. Customers located in areas having potential electrical constraint are being offered this incentive to reduce the impact of additional electric load being added to the grid. Please see below for program information and eligibility criteria.

Customer Benefits

• Receive new, more efficient steam equipment at a reduced cost
• Maintain your existing steam operations, maintenance staff and O&M procedures and reduce maintenance costs
• Help maintain electric reliability for your building and your neighborhood
• Contribute to keeping electric and steam rates down

How the Program Works

1. Customer submits a Program Application and required supporting materials about the proposed project
2. A Con Edison representative reviews the Application and supporting materials to determine program eligibility. A Submission Date is assigned.
3. Within 30 days of Application submission, Customer signs and submits the required Customer Agreement.
4. If eligible, Con Edison schedules a pre-installation field visit to verify application information and supporting documents
5. If field visit confirms eligibility and application information is correct, Con Edison issues an Acceptance Letter authorizing the Customer to order, purchase, and install the approved new equipment. Customer is fully responsible for installation completion. If the project cannot be completed within 12 months of the Acceptance Letter date, a written extension must be submitted to Con Edison.
6. After installation, Customer notifies Con Edison of project completion and submits any required new equipment information.
7. Con Edison schedules a post-installation field visit to verify the equipment installed
8. If post-installation field visit confirms acceptable installation and Customer
Agreement is signed, Con Edison sends Customer their incentive payment.

To qualify for the Targeted Steam Air Conditioning Incentive Program, a signed Program Application and all required supporting materials must be received and approved by Con Edison prior to ordering, purchasing, or installing any equipment.

Please review the Program Guidelines for additional details. Links to these documents are provided on this page for your information and use. Any remaining questions or issues regarding eligibility and/or project timing should be directed to program staff via the above phone number or email.

Incentives

Steam AC Equipment Type	Capacity Range	Incentive Level ($ per ton)	Incentive Limit
Steam Turbine Chiller	Less than or equal to 1700 tons	$525	Up to 65% of the delivered equipment cost*
	Greater than 1700 tons	$470
Double Stage Steam Absorption Chiller	All	$430
Single Stage Steam Absorption Chiller	not eligible for incentives
Notes:*Delivered equipment cost represents the total invoiced cost associated with purchase of the chiller equipment. This cost includes all delivery, labor, equipment, and taxes associated with purchasing the chiller equipment and delivering it to the property. Any additional customer costs including but not limited to site preparation, rigging, demolition, and equipment removal are not to be included in the total invoiced cost.

Please see the“Chiller Incentives” document for additional information and requirements

Estimated incentive amount can be calculated based on your project specifics via the Steam AC Incentive Customer Worksheet. Please see the "Incentive Worksheet" link to download the spreadsheet.

An annual Maintenance Incentive is also available to customers who receive the upfront incentive

Maintenance Incentive Type	Incentive Level ($ per ton)	Incentive Annual Limit*	Term Limit
Maintenance Service Contract	$5	up to $3000	Up to ten years on an annual schedule
Remote Monitoring Bonus	$2	Up to $1000
*Or up to the amount of the actual service contract, whichever is less Notes: The maintenance incentive funding shall only be used to maintain the applicable chiller included under the Steam AC Chiller Incentive Program. The funding can be used for any and all maintenance activities associated with the particular chiller.

Please see the “Maintenance Incentives” document for additional information and requirements.

Eligibility & Requirements

• Customers must be located in specific electric networks that overlap with the steam system (Manhattan) to be eligible for program incentives. Eligible electric networks are subject to change if load relief needs change.
• Customers must be replacing existing steam chillers with new steam chillers, replacing existing electric chillers with new steam chillers, or installing new steam chillers in lieu of electric chillers in a major renovation or new construction.
• Steam Turbine and Double Stage Absorption Chillers are eligible for incentives. Singe Stage Absorption are not eligible
• Customer required to contract for a minimum of 10-years of steam service.
• Customers with hybrid chiller configuration will be required to commit to demand response load reductions equivalent to the calculated load of the incentivized steam chiller equipment.
• Engineering assessments are required for certain chiller locations and configurations.

Please see the "Eligibility Incentives" document for additional information and requirements.

Also see the “Eligible Areas Map” for the approximate boundaries and zip codes of the current eligible areas. Please contact us to confirm project location eligibility. (Note: eligible areas are subject to change, if load relief needs change).

Helpful Links

www.coned.com/steam
www.coned.com/dr
www.coned.com/energyefficiency