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New York

New York

Incentives/Policies for Renewables & Efficiency

Printable Version
Multifamily Performance Program   

Last DSIRE Review: 09/18/2014
Program Overview:
State: New York
Incentive Type: State Rebate Program
Eligible Efficiency Technologies: Clothes Washers, Dishwasher, Refrigerators, Dehumidifiers, Lighting, Furnaces , Boilers, Heat pumps, Central Air conditioners, Building Insulation, Windows, Doors, Comprehensive Measures/Whole Building, Custom/Others pending approval
Eligible Renewable/Other Technologies: Not Specified
Applicable Sectors: Multi-Family Residential, Low-Income Residential
Amount:Varies by income eligibility and efficiency level
Installation Requirements:Work with listed project partner
Funding Source:System Benefits Charge (SBC)
Web Site: http://www.nyserda.ny.gov/Energy-Efficiency-and-Renewable-Program...
Summary:

Note: Starting January 1st, 2014, applications for all residential new construction buildings will be processed through New Construction component of this program.

Under NYSERDA’s Multifamily Performance Program (MPP), new construction of multifamily buildings and existing multifamily buildings are eligible for incentives that improve energy savings through energy efficiency or innovative energy solutions, such as renewable energy. Through this program, interested building owners must work with a Multifamily Performance Partner. The program website contains a guide to assist building owners/managers in selecting a Performance Partner. Additional incentives are available for projects that serve or are expected to serve low-income tenants.

Eligibility

To participate in the program, the building must be a multifamily residential building, containing 5 or more units with at least 4 floors. Buildings must also contain residential space comprising at least 50% of the gross heated square footage of the entire project. The participant must work with a Performance Partner, who will conduct an energy assessment of the project, recommend improvements, and process and submit the incentive payments.

Buildings must use electricity from the utilities that collect the System Benefit Charge (SBC). These generally include major investor owned utilities in the State including: Central Hudson Gas & Electric Corp., Consolidated Edison Company of New York, Inc., New York State Electric & Gas Corporation, National Grid, Orange and Rockland Utilities, Inc. and Rochester Gas and Electric Corporation. Some of these utilities also offer multifamily residential incentives. Utility program participants are not permitted to participate in the Multifamily Performance Program. Existing buildings that have received incentives from other program are not eligible for this program until 12 months.

Existing Building

Incentives amounts for exiting building are categorized into Base Incentive and Performance Incentive. Base incentives are awarded as a series of payments upon completion of certain project milestones.  In addition to base incentives, performance based incentives are available to projects that have at least 20% energy reduction. Performance based incentives are classified into different “tiers” of payment. Maximum incentive that can be received through the program is capped at $1,000 per unit for Firm gas and $800 per unit for Non-Firm gas*. Affordable program incentives for low-income participants are capped at $1,300 per unit for Firm gas and $1,100 per unit for Non-Firm gas.

New Construction

Multifamily residential new construction buildings or buildings undergoing gut-rehab are eligible for this incentive. The program offers a Prescriptive Path and a more flexible Performance Path. Prescriptive path includes a fixed set of energy saving measures, while the Performance path includes a customized energy modeling to create unique Proposed Energy Reduction Plan.

Similar to the Existing Buildings plan, the incentive payments are made in 3 stages upon completion of certain milestones. Maximum incentive for the project is capped at $675 per unit for prescriptive, $900 per unit for performance; and $1,200 per unit for affordable performance, and $900 per unit for affordable prescriptive program.

Additional details on the incentive amount are available in the program website above. The participants also have the option to fund the project through low-interest rate financing through NYSERDA’s Green New York Financing program.

 

*Firm gas projects are for buildings that receive gas from firms that pay into the SBC, while Non-Firm gas projects are within buildings that are alternatively heated or do not obtain gas from firms that pay into the SBC.


 
Contact:
  Multifamily Performance Program
New York State Energy Research and Development Authority
485 7th Avenue, Suite 1006
New York, NY 10018
Phone: (212) 971-5349
E-Mail: MultifamilyPrograms@nyserda.org
Web Site: http://www.nyserda.ny.gov
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.