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Incentives

NYC Clean Heat has transitioned into the NYC Retrofit Accelerator, New York City's new one-stop resource for energy and water efficiency. Get the most up-to-date incentive information on our new page or email us at info@nycretrofit.org  

ULS 2 Conversion Incentives

Oil providers, energy service companies, and other organizations offer incentives such as discounted service contracts, group buying discounts, or other offers to encourage buildings to convert from No. 4 heating oils to ultra-low sulfur No. 2 heating oil (ULS 2) with biodiesel. Please click here for more information.

Biodiesel Tax Incentives

New York State Refundable Biodiesel Fuel Tax Credits

Refundable tax credits against personal income tax or corporate tax may be available for the purchase of biodiesel for use for residential space heating and water heating.

Natural Gas Conversion Incentives

Con Edison

Con Edison offers customized plans to assist current and potential customers with the capital investments necessary to convert to natural gas.

National Grid

National Grid offers customized plans to cover up to 50 percent of conversion costs for business and multifamily customers switching from heating oil to natural gas.

Energy Efficiency Initiatives

Con Edison

Con Edison offers multifamily, commercial, and industrial customer’s assistance with energy efficiency upgrades.

National Grid

Technical assistance and incentives from National Grid help buildings purchase and install energy efficient systems in your building. Through the Custom Project program, incentives may be available to cover up to 45 percent of project costs. Upgrades may include lighting controls, HVAC systems, motors, compressed air equipment, and variable speed drives.

New York State Energy Research and Development Authority (NYSERDA)

The NYSERDA Existing Facilities Program provides incentives for a variety of energy projects, including pre-qualified measures and performance-based incentives. NYSERDA also offers the Multifamily Performance Program, which provides access to programs that aid in funding, implementing and measuring energy efficiency performance in multifamily buildings.

Weatherization Assistance for Multifamily Buildings

The New York State Weatherization Assistance Program is the largest residential energy conservation program in the country. The program receives funding from the U.S. Departments of Energy and Health and Human Services. Assistance of up to $6,500 per unit is available through a network of weatherization assistance providers.