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NYSERDA still haas funding available for those multifamily buildings that are interested in converting from #6 fuel oil to #2. The incentive is not huge by any means...the lionshare of the money went to #6 to gas conversion yet that money has already been distributed.
Conversion to firm gas if possible is the way to go. If the choice is a 3,000 to offset cost of 6 to 2 and nothing for 6 to gas you are better off going to gas and forgoing the 3 grand.
Very true....yet if Con Ed. or NGrid will provide the infrastructure at little or no cost to building it seems wise to at least always have the option for gas or oil. Most boilers are equipped with duel fuel burning capacity thus the cost is minimal. At current prices a gas conversion project pays for itself very quickly...well before the natural gas "boom" goes bust. I am simply recommending that management companies/ownership group and commercial/industrial organizations take a look at this as an investment option.
Thanks, Eric - will pass this along.
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A LOT depends on whether the natural gas 'boom' is real or not. According to an article in the NYT, might be NOT.
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