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 5,380 |
Installed Validation 2,010 |
Committed 3,620 |
In Pipeline 6,180 |
Waitlisted 0 |
Not Yet Applied 4,200 |
2025 Target 21,371 |
|
Progress to Goal |
Plug Pipeline* Up to 50% |
Installed Complete 2,470 |
Installed Validation 1,200 |
Committed 1,830 |
In Pipeline 4,090 |
Waitlisted |
Not Yet Applied |
2025 Target |
|
Progress to Goal |
Plug Pipeline* Up to 90% |
Installed Complete 1,170 |
Installed Validation 470 |
Committed 1,510 |
In Pipeline 1,310 |
Waitlisted |
Not Yet Applied |
2025 Target |
|
Progress to Goal |
Plug Pipeline* Up to 100% |
Installed Complete 1,730 |
Installed Validation 330 |
Committed 230 |
In Pipeline 240 |
Waitlisted |
Not Yet Applied |
2025 Target |
|
Progress to Goal |
Plug Pipeline* Mixed Tier |
Installed Complete 20 |
Installed Validation 0 |
Committed 60 |
In Pipeline 540 |
Waitlisted |
Not Yet Applied |
2025 Target |
|
Plug Pipeline* |
InstalledComplete |
Installed Validation |
Committed |
In Pipeline |
Waitlisted |
Not Yet Applied |
2025 Target |
|
|---|---|---|---|---|---|---|---|---|
|
Plug Pipeline* All DCFC Plugs |
InstalledComplete 260 |
Installed Validation 50 |
Committed 430 |
In Pipeline 1,900 |
Waitlisted 0 |
Not Yet Applied 500 |
2025 Target 3,127 |
|
|
Plug Pipeline* Up to 50% |
InstalledComplete 170 |
Installed Validation 10 |
Committed 60 |
In Pipeline 300 |
Waitlisted |
Not Yet Applied |
2025 Target |
|
|
Plug Pipeline* Up to 90% |
InstalledComplete 30 |
Installed Validation 30 |
Committed 250 |
In Pipeline 790 |
Waitlisted |
Not Yet Applied |
2025 Target |
|
|
Plug Pipeline* Up to 100% |
InstalledComplete 40 |
Installed Validation 10 |
Committed 80 |
In Pipeline 680 |
Waitlisted |
Not Yet Applied |
2025 Target |
|
|
Plug Pipeline* Mixed Tier |
InstalledComplete 20 |
Installed Validation 0 |
Committed 30 |
In Pipeline 130 |
Waitlisted |
Not Yet Applied |
2025 Target |
Updated monthly. Last updated April 12, 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 $57.2 |
Installed Validation $20.2 |
Committed* $33.1 |
Estimated in Pipeline** $46.1 |
Not Yet Applied*** $81.3 |
2025 Budget $237.8 |
|
|
Budget Pipeline ($M) Up to 50% |
Installed Complete $17.2 |
Installed Validation $9.3 |
Committed* $12.4 |
Estimated in Pipeline** $27.6 |
Not Yet Applied*** |
2025 Budget |
|
|
Budget Pipeline ($M) Up to 90% |
Installed Complete $13.6 |
Installed Validation $5.5 |
Committed* $17.0 |
Estimated in Pipeline** $15.2 |
Not Yet Applied*** |
2025 Budget |
|
|
Budget Pipeline ($M) Up to 100% |
Installed Complete $26.2 |
Installed Validation $5.4 |
Committed* $3.4 |
Estimated in Pipeline** $3.2 |
Not Yet Applied*** |
2025 Budget |
|
|
Budget Pipeline ($M) Mixed Tier |
Installed Complete $.20 |
Installed Validation $.00 |
Committed* $.30 |
Estimated in Pipeline** $.00 |
Not Yet Applied*** |
2025 Budget |
|
Budget Pipeline ($M) |
Installed Complete |
Installed Validation |
Committed* |
Estimated in Pipeline** |
Not Yet Applied*** |
2025 Budget |
|
|---|---|---|---|---|---|---|---|
|
Budget Pipeline ($M) DCFC Funds |
Installed Complete $5.3 |
Installed Validation $1.6 |
Committed* $17.8 |
Estimated in Pipeline** $175.6 |
Not Yet Applied*** $153.8 |
2025 Budget $347.2 |
|
|
Budget Pipeline ($M) Up to 50% |
Installed Complete $2.3 |
Installed Validation $.10 |
Committed* $1.0 |
Estimated in Pipeline** $10.2 |
Not Yet Applied*** |
2025 Budget |
|
|
Budget Pipeline ($M) Up to 90% |
Installed Complete $1.0 |
Installed Validation $.60 |
Committed* $8.0 |
Estimated in Pipeline** $85.4 |
Not Yet Applied*** |
2025 Budget |
|
|
Budget Pipeline ($M) Up to 100% |
Installed Complete $1.6 |
Installed Validation $.70 |
Committed* $8.0 |
Estimated in Pipeline** $80.0 |
Not Yet Applied*** |
2025 Budget |
|
|
Budget Pipeline ($M) Mixed Tier |
Installed Complete .40 |
Installed Validation $.20 |
Committed* $.70 |
Estimated in Pipeline** $.0 |
Not Yet Applied*** |
2025 Budget |
Updated monthly. Last updated April 12, 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 |