New York's Cooperative and Condominium Community
Con Edisons Multifamily Energy Efficiency Program (MFEEP) is offering one of the most aggressive incentives in the country for the implementation of a Building Energy Management System in buildings with less than 75 Units. The MFEEP incentive covers 70% of the total project cost up to $20,000.00. The average systems cost between $24,500.00 and $34,500.00. Thus average out of pocket for management/ownership is between $7350.00 and $14,500.00. Payback is less than 24 months and incentive is issued within 60 days of verified installation. Yearly energy savings range between 15 and 25%...depending on an assortment of variables. There is NO other investment that offers returns that are as high as investing in energy efficiency.
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Any incentives for building that have more than 75 Units?
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