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
Incentive Cap for Program Eligible Costs (Customer + Potential Utility Costs; All values shown are “Up to”)
|
Incentive Tier |
Base Cost |
Speed Bonus |
Large Project Bonus |
Max Available |
Future Proofing |
|---|---|---|---|---|---|
|
Up to 50% |
$5,000/per plug |
$1,000/per plug |
$1,500/per plug |
$7,500/per plug |
10% of eligible costs |
|
Up to 90% |
$9,000/per plug |
$1,800/per plug |
$2,700/per plug |
$13,500/per plug |
10% of eligible costs |
|
Up to 100% |
$10,000/per plug |
$2,000/per plug |
$3,000/per plug** |
$15,000/per 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 this tier (up to the first 100 plugs).
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 |
Speed Bonus* |
Load Mgmt Bonus** |
Max Available Cap |
Charger Hub |
Max Available Cost Cap |
Future Proofing Bonus |
|---|---|---|---|---|---|---|---|
|
Up to 50% |
$400/kW |
$50/kW |
$25/kW |
$475/kW |
N/A |
N/A |
10% of eligible costs |
|
Up to 90% |
$720/kW |
$90/kW |
$45/kW |
$855/kW |
$225/kW |
$945/kW |
10% of eligible costs |
|
Up to 100% |
$800/kW |
$100/kW |
$50/kW |
$950/kW |
$250/kW |
$1,050/kW |
10% of eligible costs |
*Speed Bonus: If installing a L2 project, your project needs to complete a successful work verification within 4 months of signing the Program Agreement. If installing a DCFC/Mixed plug project, your project needs to be ruled “Service Adequate” and must complete work verification within 6 months of signing the Program Agreement. Cannot be combined with Interconnection bonus.
**Load Management Bonus: Participants must install Hardware Load Management equipment (e.g., disconnect switches, relays, rectifiers, circuit breakers, power cabinets) to qualify for the bonus. DCFC plugs must maintain a minimum output of 50 kW after load reduction. This bonus may be paired with Speed Bonus if service adequate.
***Interconnection Bonus: Service Inadequate/ Public 10+. Must have significant interconnection costs such as new service or block house. Cannot be combined with any other bonus.
|
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. |
|
L2 General Program Timed Release |
We are currently committing projects up to our regulatory target (approximately 21,000 L2 plugs). We are currently accepting new projects and applications will proceed off the standby list on a monthly basis. |
|
DCFC general program waitlist |
No waitlist |
|
Plug Pipeline* |
Installed Complete |
Installed Validaton |
Committed |
In Pipeline |
Stand-By |
Not Yet Applied |
End Target |
|---|---|---|---|---|---|---|---|
|
All L2 Plugs |
17,230 |
840 |
2,880 |
19,090 |
0 |
0 |
21,371 |
|
Up to 50% |
9,760 |
480 |
1,200 |
7,770 |
|||
|
Up to 90% |
4,680 |
350 |
1,470 |
5,320 |
|||
|
Up to 100% |
2,690 |
0 |
170 |
0 |
|||
|
Mixed Tier |
100 |
10 |
50 |
6,000 |
|
Plug Pipeline* |
Installed Complete |
Installed Validaton |
Committed |
In Pipeline |
Stand-By |
Not Yet Applied |
End Target |
|---|---|---|---|---|---|---|---|
|
All DCFC Plugs |
720 |
160 |
770 |
3,240 |
0 |
0 |
3,127 |
|
Up to 50% |
380 |
10 |
90 |
40 |
|||
|
Up to 90% |
170 |
50 |
340 |
550 |
|||
|
Up to 100% |
140 |
90 |
310 |
740 |
|||
|
Mixed Tier |
30 |
10 |
10 |
1,910 |
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*** |
End Target |
|---|---|---|---|---|---|---|
|
L2 Funds |
$164.20 |
$6.90 |
$26.10 |
$105.80 |
$0.00 |
$237.80 |
|
Up to 50% |
$66.70 |
$2.70 |
$7.70 |
$47.70 |
||
|
Up to 90% |
$55.50 |
$4.10 |
$15.20 |
$58.10 |
||
|
Up to 100% |
$40.80 |
$0.00 |
$2.00 |
$0.00 |
||
|
Mixed Tier |
$1.10 |
$0.10 |
$1.10 |
$0.00 |
|
Budget Pipeline ($M) |
Installed Complete |
Installed Validation |
Committed* |
Estimated in Pipeline** |
Not Yet Applied*** |
End Target |
|---|---|---|---|---|---|---|
|
DCFC Funds |
$24.40 |
$6.90 |
$75.60 |
$162.20 |
$109.40 |
$347.20 |
|
Up to 50% |
$7.00 |
$0.30 |
$1.90 |
$2.00 |
||
|
Up to 90% |
$9.20 |
$3.90 |
$32.30 |
$58.10 |
||
|
Up to 100% |
$7.50 |
$2.00 |
$39.10 |
$102.10 |
||
|
Mixed Tier |
$0.70 |
$0.60 |
$0.30 |
$0.00 |
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.