PowerReady Incentive Dashboard

Current Incentive Caps

Please note that your eligibility tier provides the maximum incentive amount; your actual incentive will be determined in the Program Agreement (PA) stage, after you have received your energy service ruling. The incentive amount will vary depending on the maximum incentive eligibility level, total site costs, program budgets, and the general competitiveness of the project when compared to other projects.

Level 2 Plug Cost Caps
Level 2 Plug Cost Caps Incentive Cap for Program Eligible Costs (Customer + Potential Utility Costs; All values shown are “Up to”)	Incentive Tier	Base Cost Cap	Speed Bonus	Large Project Bonus (25+ plugs)	Max Available Cost Cap	Future Proofing Bonus
Level 2 Plug Cost Caps	Up to 50%	$5,000/plug	+$1,000/plug	+$1,500/plug (First 100 plugs)	Up to $7,500/plug	10% of eligible costs
Level 2 Plug Cost Caps	Up to 90%	$9,000/plug	+$1,800/plug	+$2,700/plug (First 100 plugs)	Up to $13,500/plug	10% of eligible costs
Level 2 Plug Cost Caps	Up to 100%	$10,000/plug	+$2,000/plug	+$3,000/plug (First 100 plugs)*	Up to $15,000/plug	10% of eligible costs

Large Project Bonus – Project must be 25 plugs or more, can only be applied to the first 100 plugs.

*The 25-plug minimum is waived for all Up-to-100% projects (up to the first 100 plugs).

DCFC kW Cost Caps
DCFC kW Cost Caps Incentive Cap for Program Eligible Costs (Customer + Potential Utility Costs; All values shown are “Up to”)	Incentive Tier	Base Cost Cap (All Projects)	Accelerated Build Path Speed Bonus	Accelerated Build Path Load Mgmt Bonus	Accelerated Build Path Max Available Cost Cap	Charger Hub Path Interconnection Bonus (Service Inadequate/ Public & 10+)	Max Available Cost Cap	Future Proofing Bonus
DCFC kW Cost Caps	Up to 50%	$400/kW	+$50/kW	+$25/kW	Up to $475/kW	N/A	N/A	10% of eligible costs
DCFC kW Cost Caps	Up to 90%	$720/kW	+$90/kW	+$45/kW	Up to $855/kW	+$225/kW	Up to $945/kW	10% of eligible costs
DCFC kW Cost Caps	Up to 100%	$800/kW	+$100/kW	+$50/kW	Up to $950/kW	+$250/kW	Up to $1,050/kW	10% of eligible costs

Speed Bonus – must be a service adequate project that completes installation within 6 months of signing program agreement. Cannot be combined with Interconnection bonus.

Load Management Bonus – rules are under development, cannot be combined with Interconnection bonus.

Interconnection Bonus – Must have significant interconnection costs such as new service or block house. Cannot be combined with any other bonus.

Waitlist Status
Waitlist Status L2 Disadvantaged Community (DAC) waitlist	We are currently working through the waitlist of active projects that applied for the “up to 100%” incentive tier. We are currently not accepting any additional projects for this waitlist.
Waitlist Status L2 general program waitlist	No waitlist
Waitlist Status DCFC general program waitlist	No waitlist

Progress to Goal: Plug Pipeline*	Installed Complete	Installed Validation	Committed	In Pipeline	Waitlisted	Not Yet Applied	2025 Target
Progress to Goal: Plug Pipeline* All L2 Plugs	Installed Complete 6,130	Installed Validation 1,950	Committed 3,630	In Pipeline 7,290	Waitlisted 0	Not Yet Applied 2,400	2025 Target 21,371
Progress to Goal: Plug Pipeline* Up to 50%	Installed Complete 2,900	Installed Validation 1,260	Committed 1,730	In Pipeline 4,440	Waitlisted	Not Yet Applied	2025 Target
Progress to Goal: Plug Pipeline* Up to 90%	Installed Complete 1,370	Installed Validation 400	Committed 1,540	In Pipeline 1,870	Waitlisted	Not Yet Applied	2025 Target
Progress to Goal: Plug Pipeline* Up to 100%	Installed Complete 1,840	Installed Validation 270	Committed 250	In Pipeline 700	Waitlisted	Not Yet Applied	2025 Target
Progress to Goal: Plug Pipeline* Mixed Tier	Installed Complete 20	Installed Validation 10	Committed 50	In Pipeline 290	Waitlisted	Not Yet Applied	2025 Target

Progress to Goal Plug Pipeline*	Installed Complete	Installed Validation	Committed	In Pipeline	Waitlisted	Not Yet Applied	2025 Target
Progress to Goal Plug Pipeline* All DCFC Plugs	Installed Complete 290	Installed Validation 120	Committed 330	In Pipeline 1,600	Waitlisted 0	Not Yet Applied 800	2025 Target 3,127
Progress to Goal Plug Pipeline* Up to 50%	Installed Complete 170	Installed Validation 80	Committed 60	In Pipeline 220	Waitlisted	Not Yet Applied	2025 Target
Progress to Goal Plug Pipeline* Up to 90%	Installed Complete 30	Installed Validation 30	Committed 80	In Pipeline 820	Waitlisted	Not Yet Applied	2025 Target
Progress to Goal Plug Pipeline* Up to 100%	Installed Complete 60	Installed Validation 0	Committed 150	In Pipeline 460	Waitlisted	Not Yet Applied	2025 Target
Progress to Goal Plug Pipeline* Mixed Tier	Installed Complete 30	Installed Validation 10	Committed 30	In Pipeline 100	Waitlisted	Not Yet Applied	2025 Target

Updated monthly. Last updated July 18, 2024.
Installed includes both completed projects and projects notified as fully installed by participant, but not yet validated by Con Edison.
*Values are rounded to the nearest 10 plugs

Budget Pipeline ($M)	Installed Complete	Installed Validation	Committed*	Estimated in Pipeline**	Not Yet Applied***	2025 Budget
Budget Pipeline ($M) L2 Funds	Installed Complete $64.2	Installed Validation $18.3	Committed* $32.8	Estimated in Pipeline** $63.8	Not Yet Applied*** $58.8	2025 Budget $237.8
Budget Pipeline ($M) Up to 50%	Installed Complete $20.0	Installed Validation $9.7	Committed* $11.6	Estimated in Pipeline** $31.2	Not Yet Applied***	2025 Budget
Budget Pipeline ($M) Up to 90%	Installed Complete $15.8	Installed Validation $4.2	Committed* $16.8	Estimated in Pipeline** $22.8	Not Yet Applied***	2025 Budget
Budget Pipeline ($M) Up to 100%	Installed Complete $28.1	Installed Validation $4.2	Committed* $3.8	Estimated in Pipeline** $9.8	Not Yet Applied***	2025 Budget
Budget Pipeline ($M) Mixed Tier	Installed Complete $0.2	Installed Validation $0.1	Committed* $0.3	Estimated in Pipeline** $0.0	Not Yet Applied***	2025 Budget

Budget Pipeline ($M)	Installed Complete	Installed Validation	Committed*	Estimated in Pipeline**	Not Yet Applied***	2025 Budget
Budget Pipeline ($M) DCFC Funds	Installed Complete $6.6	Installed Validation $3.0	Committed* $17.0	Estimated in Pipeline** $146.6	Not Yet Applied*** $183.6	2025 Budget $347.2
Budget Pipeline ($M) Up to 50%	Installed Complete $2.4	Installed Validation $1.7	Committed* $1.4	Estimated in Pipeline** $8.5	Not Yet Applied***	2025 Budget
Budget Pipeline ($M) Up to 90%	Installed Complete $1.1	Installed Validation $1.0	Committed* $3.5	Estimated in Pipeline** $84.6	Not Yet Applied***	2025 Budget
Budget Pipeline ($M) Up to 100%	Installed Complete $2.5	Installed Validation $0.0	Committed* $11.3	Estimated in Pipeline** $53.4	Not Yet Applied***	2025 Budget
Budget Pipeline ($M) Mixed Tier	Installed Complete $0.5	Installed Validation $0.4	Committed* $0.7	Estimated in Pipeline** $0.0	Not Yet Applied***	2025 Budget

Updated monthly. Last updated July 18, 2024.
Installed includes all funds that are committed, including projects that are paid out and projects to which Con Edison has committed funds via signed Payment Agreements.
* Funds committed to projects not yet installed are subject to change once incentives are finalized and paid out.
**Estimate of funds it would take to incentivize all plugs in the pipeline, including the wait list, and this value may exceed the program authorized budget.
*** Not yet applied captures the estimated budget available if all applied projects were to be installed. Some applied projects will not move forward so interested participants are encouraged to apply since additional budget may be available.

Program Changes and Clarifications	Date	Category	Details
Program Changes and Clarifications	Date January 2024	Category Program Change	Details DAC definitions for L2 MUD projects have changed.
Program Changes and Clarifications	Date January 2024	Category Program Change	Details Updated Program Agreement including charger communication standards, data reporting requirements, and charger contact information requirements.
Program Changes and Clarifications	Date January 2024	Category Program Change	Details New incentive cost caps released.
Program Changes and Clarifications	Date December 2023	Category Program Change	Details All chargers must be “hardware capable” for ISO 15118 in order to receive a new Program Agreement as of 12/16/2023. Hardware capable means having the hardware necessary to run software features that can comply with the ISO standard. Full software conformance with ISO 15118 is going to be required by 11/16/2024. Software conformance means all features included in the standard are included and enabled such as plug & charge (any vehicle can pull up and charge immediately without a phone app, credit card, or RFID tag).
Program Changes and Clarifications	Date June 2023	Category Program Change	Details High EDF/Blockhouse/Major Infrastructure Projects are eligible for the higher DCFC incentive
Program Changes and Clarifications	Date January 2023	Category Program Change	Details Performance bonus for L2 and updated Program Agreement cancellation policy
Program Changes and Clarifications	Date July 2022	Category Program Change	Details Confirming accessibility through electric vehicle charging apps
Program Changes and Clarifications	Date March 2022	Category Program Clarification	Details Site accessibility, public accessibility
Program Changes and Clarifications	Date March 2022	Category Program Change	Details Waitlist open
Program Changes and Clarifications	Date February 2022	Category Program Change	Details DAC “up to 100%” closed
Program Changes and Clarifications	Date January 2022	Category Program Change	Details PA expires after 30 days
Program Changes and Clarifications	Date November 2021	Category Program Change	Details New invoicing and cost reporting requirements