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Yonkers Multifamily ProjectJun 22, 2011


We just submitted a proposal for a complete boiler room retrofit project for a multifamily building with 150+ units in Yonkers. The project scope includes: a complete boiler room retrofit with separate DHW and Building Energy Management System. Con Edison's Commercial/Industrial program is offering an incentive of approximately $50,000.00. This will ensure that the entire project cost has a simple payback of 36 months. This insanely rapid payback has caused an issue: the board now must decide between financing the project or simply drawing on their accumulated capital reserve. It's a nice situation to be in.

DONT DISCOUNT THE UTILITY COMPANY OR NYSERDA REBATE PROGRAMS.

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