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PowerReady Incentive Dashboard

Get information on current incentive levels and program progress to goal. Details updated monthly. 

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 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

Validaton

Committed

In Pipeline

Waitlisted

Not Yet Applied

2025 Target

Progress to Goal

Plug Pipeline*

All L2 Plugs

Installed

Complete

4,840

Installed

Validaton

2,090

Committed

3,890

In Pipeline

5,900

Waitlisted

0

Not Yet Applied

4,700

2025 Target

21,371

Progress to Goal

Plug Pipeline*

Up to 50%

Installed

Complete

2,180

Installed

Validaton

1,330

Committed

1,940

In Pipeline

3,630

Waitlisted

Not Yet Applied

2025 Target

Progress to Goal

Plug Pipeline*

Up to 90%

Installed

Complete

1,020

Installed

Validaton

490

Committed

1,490

In Pipeline

1,590

Waitlisted

Not Yet Applied

2025 Target

Progress to Goal

Plug Pipeline*

Up to 100%

Installed

Complete

1,620

Installed

Validaton

260

Committed

410

In Pipeline

0

Waitlisted

Not Yet Applied

2025 Target

Progress to Goal

Plug Pipeline*

Mixed Tier

Installed

Complete

20

Installed

Validaton

0

Committed

60

In Pipeline

680

Waitlisted

Not Yet Applied

2025 Target


Plug Pipeline*

Installed

Complete

Installed

Validaton

Committed

In Pipeline

Waitlisted

Not Yet Applied

2025 Target

Plug Pipeline*

All DCFC Plugs

Installed

Complete

210

Installed

Validaton

70

Committed

380

In Pipeline

1,600

Waitlisted

0

Not Yet Applied

900

2025 Target

3,127

Plug Pipeline*

Up to 50%

Installed

Complete

150

Installed

Validaton

20

Committed

50

In Pipeline

320

Waitlisted

Not Yet Applied

2025 Target

Plug Pipeline*

Up to 90%

Installed

Complete

30

Installed

Validaton

40

Committed

240

In Pipeline

780

Waitlisted

Not Yet Applied

2025 Target

Plug Pipeline*

Up to 100%

Installed

Complete

30

Installed

Validaton

0

Committed

60

In Pipeline

430

Waitlisted

Not Yet Applied

2025 Target

Plug Pipeline*

Mixed Tier

Installed

Complete

0

Installed

Validaton

0

Committed

30

In Pipeline

70

Waitlisted

Not Yet Applied

2025 Target

Updated monthly. Last updated February 13, 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

$52.2

Installed

Validation

$19.3

Committed*

$37.2

Estimated in Pipeline**

$39.0

Not Yet Applied***

$90.1

2025 Budget

$237.8

Budget Pipeline ($M)

Up to 50%

Installed

Complete

$15.1

Installed

Validation

$10.4

Committed*

$13.2

Estimated in Pipeline**

$21.3

Not Yet Applied***

2025 Budget

Budget Pipeline ($M)

Up to 90%

Installed

Complete

$12.3

Installed

Validation

$5.2

Committed*

$16.9

Estimated in Pipeline**

$17.6

Not Yet Applied***

2025 Budget

Budget Pipeline ($M)

Up to 100%

Installed

Complete

$24.7

Installed

Validation

$3.7

Committed*

$6.7

Estimated in Pipeline**

$.0

Not Yet Applied***

2025 Budget

Budget Pipeline ($M)

Mixed Tier

Installed

Complete

$.2

Installed

Validation

$.0

Committed*

$.3

Estimated in Pipeline**

$.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

$3.7

Installed

Validation

$1.2

Committed*

$11.9

Estimated in Pipeline**

$53.8

Not Yet Applied***

$281.5

2025 Budget

$347.2

Budget Pipeline ($M)

Up to 50%

Installed

Complete

$2.1

Installed

Validation

$0.3

Committed*

$0.7

Estimated in Pipeline**

$12.3

Not Yet Applied***

2025 Budget

Budget Pipeline ($M)

Up to 90%

Installed

Complete

$1.0

Installed

Validation

$0.9

Committed*

$7.9

Estimated in Pipeline**

$26.2

Not Yet Applied***

2025 Budget

Budget Pipeline ($M)

Up to 100%

Installed

Complete

$0.7

Installed

Validation

$0.2

Committed*

$2.7

Estimated in Pipeline**

$15.3

Not Yet Applied***

2025 Budget

Budget Pipeline ($M)

Mixed Tier

Installed

Complete

$0.0

Installed

Validation

$0.2

Committed*

$0.7

Estimated in Pipeline**

$0.0

Not Yet Applied***

2025 Budget

Updated monthly. Last updated February 13, 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