Upfront costs are a major barrier to implementing energy efficiency projects in businesses. An important goal of energy efficiency policies and programs is to help minimize these upfront project costs so owners are encouraged to invest in energy reduction improvements. Savings and time investment are factors to consider when an energy upgrade project is offered to the customers.
Many utilities in New York and other states offer incentives, grants or rebates to buildings that install systems that reduce their overall energy consumption. These monetary facilities are funded by charging utility customers in specific rate clases, a monthly bill adjustment factor. Yet, participating in these programs is time consuming, complicated and sometimes expensive.
Our job is to help clients navigate through this complicated process with often-lenghty applications and bureaucratic paperwork and maximize rebates to offset the capital cost of each project . We identify and quantify the most suitable programs for our clients by negotiating with the utilities, filling out applications, arranging all pre and post inspections needed and getting rebate approvals. In addition, our fees are fully contingent on securing and maximizing these cash payments for our clients.
The incentives offered by utilities can be summarized as follows:
There is no standard classification of customer size or type to be eligible to participate in an energy incentive program. The requirements to join the an incentive program depend on the type and size of project, type, size and location of the building.
Commercial and Industrial properties and multi-family building complexes that are installing permanent energy improvements for new construction and existing buildings, inclusive of: