ConEd (Electric) - Commercial and Industrial Energy Efficiency Program (New York)

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Last modified on February 12, 2015.

Financial Incentive Program

Place New York

Name ConEd (Electric) - Commercial and Industrial Energy Efficiency Program
Incentive Type Utility Rebate Program
Applicable Sector Commercial, Industrial
Eligible Technologies Central Air conditioners, Chillers, Comprehensive Measures/Whole Building, Compressed air, Custom/Others pending approval, Energy Mgmt. Systems/Building Controls, Heat pumps, Lighting, Lighting Controls/Sensors, Motor VFDs, Motors, Processing and Manufacturing Equipment, Programmable Thermostats, Refrigerators, Water Heaters, Energy Surveys, LED Lighting
Active Incentive Yes
Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount Lighting: Varies widely by type

Small Business Energy Surveys: Free
Small Business Equipment Upgrades: up to 70% of cost
Large Commercial Energy Study: 50% of the cost
Custom: $0.088/kWh-$0.132/kWh saved
Direct Digital Control: $0.12/kWh, up to 50% of cost
Variable Frequency Drives (VFDs): $60/HP
Motors: $40 - $800; varies by HP and enclosure type
Packaged Terminal AC/Heat Pump: $50/ton
Unitary HVAC/Split Air Systems: $50 - $100/ton
Air Source Heat Pump: $50 - $125/ton
Water Source Heat Pumps: $80/ton
Chillers: $30/ton
Hot Water Boilers: $1,000 - $15,000
Hot Steam Boilers: $700 or $2.00/MBH up to $2500
Boiler Controls: $30
Furnaces: $500 - $2500
Infrared Heater: $500
Low-Flow Pre-Rinse Spray Valve: $25 (retrofit only)
Insulation/Weatherization: Up to 70% of cost

Eligible System Size To be eligible for Small Business Incentive Programs: must have an average peak monthly electric demand under 100kW.

Motors: 1 - 200 HP

Equipment Requirements VFD: Must run for a minimum of 1800 hours/year.
Expiration Date 2015-12-31

Installation Requirements To receive rebate for installation, must be an existing directly metered commercial or industrial building, which pays the System Benefits Charge, and has not received an incentive from NYSERDA or another utility.

Maximum Incentive Large Commercial Energy Study: $50,000 (electric); $67,000 (combined with gas)

Program Administrator Lockheed Martin

References DSIRE[1]


Con Edison offers New York Commercial electric customers a rebate program for energy efficient equipment in buildings inside the eligible service area. All equipment must be installed by a participating contractor and installations may be inspected before incentive payments. Customers can schedule an energy efficiency survey to begin the program.

The Commercial and Industrial Equipment Rebate and Commercial and Industrial Custom Efficiency Programs offer incentives to directly metered electric customers in good standing who contribute to the system benefits charge (SBC). Incentive payments are limited to a simple payback period of one year for commercial projects and six months for industrial projects. Proposed custom incentive projects will be required to pass a cost-effectiveness test. Additionally, small businesses are eligible for direct-install incentives through Con Edison. This offering is separate from the standard commercial and industrial offerings and is only available to commercial customers with a monthly peak demand of 100 kw or less.

In May 2011, Con Edison Company began to provide financial incentives for energy efficiency specifically to defer or avoid transmission and distribution capital expenditures. This targeted demand side management program provides financial incentives to demand side management providers, and was approved up to $25 million a year for four years with the goal of attaining 100 MWs of permanent load reduction.

Incentive Contact

Contact Name Con Edison Commercial
Department Commercial and Industrial Energy Efficiency Program
Address 880 Third Avenue, 9th Floor
Address 2 c/o Lockheed Martin
Place New York, New York
Zip/Postal Code 10022
Phone (877) 797-6347
Phone 2 (646) 833-1047

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]


  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"