Incentive Dashboard

NYSERDA offers financial incentives to install energy storage systems for nonresidential and large commercial and industrial projects. Our incentives are divided into —New York City and Rest of State, excluding Long Island (ROS). We provide information on the current incentive levels by sector and region in the Megawatt hour (MWh) Block Dashboards. Incentives are expected to become available in Long Island in the next few months and will be posted here.

What’s a MWh Block? 

Energy storage assigns a certain amount of incentives to each of the regions. Each region is then broken into blocks that are designated an allocation of MWh eligible for incentives. Incentives remain available until all blocks within a region are fully subscribed.

NYSERDA intends to phase out incentives within a reasonable timeframe as storage costs decline and the market for energy storage systems becomes self-sustaining. The MWh block structure also supports energy storage markets in the areas where system benefits are the greatest and support is needed most.

Block status is updated as applications are submitted.

Rest of State
Block Incentive MWh Allocated Budget Committed Budget Available Budget
1 $350/kWh 100 MWh $35,000,000 $35,000,000 Closed
2 $250/kWh 125 MWh $31,250,000 $2,000,000 $29,250,000
3 $200/kWh 150 MWh $30,000,000 $0 $30,000,000

 

New York City
Block Incentive MWh Allocated Budget Committed Budget Available Budget
1 $350/kWh 100 MWh

NYC will draw from the Rest of State budget for Block 1

NYC will draw from the Rest of State budget for Block 1

Closed

2 $300/kWh 60 MWh $18,000,000 $0 $18,000,000
3 $240/kWh 65 MWh $15,600,000 $0 $15,600,000