Savings for Business Customers

Savings for Commercial Industrial Customers

Lower your energy use, cut maintenance costs, and boost your bottom line by upgrading to energy-efficient equipment.

About

We provide cash rebates and incentives for energy efficiency projects. This way your business can afford state-of-the art equipment that improves operations and saves energy and money.

This step makes your building more marketable and enhances your brand’s image as a sustainability leader. Plus, it ensures you’re up to code with local laws.

Bonus Incentives

Measures	Bonus Incentive	Deadline
Measures Advanced Control Building Envelope Waste Heat Recovery	Bonus Incentive Advanced Controls for Heating Electrification - Up to 30% Building Envelope - Up to 20% Waste Heat Recovery - Up to 25%	Deadline 2025: - Installation and required documents must be completed by May 31, 2025. - Projects must pass post-inspection by July 31, 2025.
Measures Steam Trap Replacement Custom Gas Measures Custom Electric VFDs - Prescriptive	Bonus Incentive Steam Trap Replacement – Up to 33% Custom Gas Measures – Up to 60% Custom Electric – Up to 28% Variable Frequency Drives (VFDs) – Prescriptive – Up to 31%	Deadline 2025: - Project application package must be submitted between December 1, 2024 – May 1, 2025 - Installation and required documents must be completed by June 30, 2025 - Projects must pass post-inspection by July 31, 2025

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Ways to Save

Rebate	Details	Measure
Rebate Prescriptive Rebate*	Details Get a fixed incentive rate for installing energy efficient equipment.	Measure - Heating, Ventilation, and Air Conditioning (HVAC) - Refrigeration - Steam Trap Repair - Linear Pipe Insulation - Variable Frequency Drives - Chiller Replacements - Boiler Replacements
Rebate Custom Rebate*	Details Install custom projects to get incentives based on the amount of energy (kWh or therms) you save each year.	Measure - Building Management System Upgrades and Controls - Chiller Plant Optimization - Building Envelope - Demand Controlled Ventilation

* Rates can be found in the Program Manual

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Buildings in select neighborhoods in Brooklyn and Queens may be eligible to receive an additional $2,000 per kW saved, up to 100% of each measure cost, and up to 100% of the total project cost. Get more information about the Neighborhood Program.

Eligibility

Please review the following requirements for eligibility:

Customer must not have applied for or received an incentive from the New York State Energy Research and Development Authority (NYSERDA), Con Edison, or another energy company for the same project.
Project must be in an existing facility, either a retrofit or gut renovation.
Equipment must be installed after the customer signs and submits a preliminary IOL from Con Edison, allows for a pre-installation inspection, and receives a Notice to Proceed from Con Edison.
The Con Edison customer of record listed on the application is a directly metered commercial or industrial customer.

The Efficient Lighting Program reduced lighting-related energy costs by up to 90%— learn more about its incentive. You must submit a lighting project by December 31, 2024, to submit a project after that date, please go to the Instant Lighting Incentive Program. 

View the Program Manual for the full list of eligibility requirements.