New York Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 04/12/2012
Program Overview:
| State: |
New York |
| Incentive Type: |
State Grant Program |
| Eligible Efficiency Technologies: |
Refrigerators, Dehumidifiers, Equipment Insulation, Water Heaters, Lighting, Furnaces , Boilers, Programmable Thermostats, Duct/Air sealing, Building Insulation, Room Air Conditioners |
| Applicable Sectors: |
Low-Income Residential |
| Amount: | 50% of costs
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| Maximum Incentive: | Single-family: $5,000
Multi-family (2-4 units): $10,000 per building
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| Equipment Requirements: | Eligible equipment and installations are determined by energy audit |
| Installation Requirements: | Measures must be installed by BPI certified contractor |
| Funding Source: | Energy Efficiency Portfolio Standard (EEPS) |
| Web Site: |
http://nyserda.ny.gov/Funding-Opportunities/Current-Funding-Oppor...
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Summary:
The Assisted Home Performance Program provides grants to low-income home owners in 1-4 family buildings for up to 50% of costs for energy efficient improvements. The household income eligibility cut-off is set at 80% of the Median State Income or 80% of the Median Area Income (by county), whichever is higher. County level income eligibility levels based on household size are available on the program web site.
Single-family homeowners that meet the income eligibility guidelines generally qualify for grants of up to $5,000. An income-qualified owner that occupies a unit in a 2-4 unit building can receive a subsidy of up to $5,000 for the whole building without any income verification required for the tenants. A higher subsidy, up to a total of $10,000 per building, may be available if tenants also are income eligible. Incentives are reduced if only a portion of the tenants are income eligible (e.g., the maximum incentive is 30% if only two out of four total tenants meet the income requirements). The remaining costs of installation and purchase may be covered by the Home Performance with Energy Star Financing Program or the New York Residential Loan Fund programs.
In order to apply, the homeowner must contact a BPI contractor or a community organization - both lists are located on the program website above. The contractor will perform a Comprehensive Home Assessment (CPA) to determine what measures need to be installed. The assisted home performance work scope must have a savings to investment ratio of at least 1.1 for the recommended package of improvements in the CPA. Eligible measures and minimum equipment standards for this grant program are somewhat more limited than those eligible for the financing programs above. Click here for a list of eligible measures, and note that exceptions indicated in the footnotes.
Eligible customers are electricity and natural gas customers in the state that pay the Energy Efficiency Portfolio Standard (EEPS) surcharge on their energy bills. This includes most investor-owned electric and gas utilities within the state, but does not include municipal utilities.
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Contact:
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Joseph DeRosa
New York State Energy Research and Development Authority
17 Columbia Circle
Albany, NY 12203-6399
Phone: (518) 862-1090 Ext.3487
Phone 2: (877) 697-6278
E-Mail: jgd@nyserda.ny.gov
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.
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