Performance-Based incentives are provided to encourage applicants to implement larger-scale projects that increase energy efficiency and produce verifiable annual energy savings. These incentives are available on a pro-rated basis related to the annual kwh or MMBtu savings generated.
Applicants can receive between $30,000 and $2,000,000 for projects in a variety of categories (see below for more information). Performance-Based incentives must meet minimum energy saving thresholds, and require an Engineering Analysis to substantiate energy savings after project completion. In some cases, post-installation Measurement and Verification is also required.
Applicants are encouraged to bundle projects to meet the Performance-Based incentive minimum. Please submit applications two to three months prior to the anticipated start date to allow time for processing. For additional details, please refer to our Existing Facilities Program Brochure [PDF].
Summary of Performance-Based Incentives
*Increased incentive rates will be offered to eligible Con Edison electric customers for energy improvements that provide system-coincident peak demand reduction during the summer months. Please see our Demand Management Program for more details.
The section below provides a brief summary of each Performance-Based category, as well as a link to additional information and required forms as applicable for each area.
Register to apply online
- Electric Efficiency
Incentives are offered to offset capital costs of cost effective efficiency projects that reduce electric consumption at eligible facilities.
- Natural Gas Efficiency
Incentives are offered to offset capital costs of cost-effective efficiency projects that reduce natural gas consumption at eligible facilities.
- Demand Response
Incentives are offered to offset a portion of the technology costs that enable facilities to participate in Demand Response Programs.
- Monitoring-Based Commissioning (MBCx)
Incentives are offered to support the implementation of continuous commissioning programs, as well as protocols and systems that promote persistent and measurable operational-based energy savings.
For more information, refer to the Existing Facilities Program Brochure [PDF] and Frequently Asked Questions.
How to Apply
Visit the NYSERDA Consolidated Funding Application (CFA) page to fill out the CFA on-line form and NYSERDA will receive the application. If you have any questions, contact us toll free at 1-866-774-8818 or email us at Outreach@nyserda.ny.gov
Important Participation Process Note: Demand Response projects must demonstrate participation in an approved demand response program.
After Your Consolidated Funding Application Has Been Submitted
- NYSERDA will review the application for general eligibility and completeness, and contact the Applicant or designated contact regarding any additional information that is needed. All projects require a recent full month’s utility bill for the facility, and most projects require cut sheets for any equipment that will be installed. Additional documentation may be required.
- When the application is complete, the project will be assigned a NYSERDA Project Manager and a Technical Consultant. If the application is determined to be eligible at a more detailed level a Purchase Order will be issued to the Applicant.
- The Applicant submits an Engineering Analysis for NYSERDA’s approval. The Engineering Analysis includes, but is not limited to, a project description, economic evaluation, energy savings calculations, and any outstanding equipment specification sheets. Some projects will require a Measurement and Verification (M&V) plan as part of the Engineering Analysis. See the incentive page(s) related to your project for more details.
- NYSERDA, or its consultant, will review the Engineering Analysis and conduct a pre-site inspection. NYSERDA may request revisions to the Engineering Analysis as necessary. Upon approval of the Engineering Analysis and pre-site inspection, NYSERDA will notify the Applicant that they can implement the project. (Applicants that proceed with installation before NYSERDA approves the Engineering Analysis and conducts the pre-site inspection do so at the risk of not receiving an incentive.)
- The Applicant will implement the project and notify NYSERDA or its consultant when the project is complete and ready for a post-installation inspection.
- NYSERDA or its consultant will conduct a post-installation inspection and collect invoices and any other remaining items. (Demand Response projects must demonstrate participation in a demand response program; see the Demand Response incentives page for details.)
- Upon approval of all final deliverables, including any required M&V, NYSERDA will provide payment to the Applicant. Those projects requiring M&V must complete it in accordance with the approved Engineering Analysis. When the M&V is completed, NYSERDA or its consultant will review the results and release any remaining funds, adjusted based on the M&V results as applicable.
If you have further questions, contact us toll free at 1-866-774-8818 or email us at Outreach@nyserda.ny.gov