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Con Edison will pay 70% of the project cost for the installation of an approved BEMS in buildings with 75 or fewer units. The incentive amount is capped at $20,000.00. Average out of pocket for a building in this range is about $7,500.
They are covering 50% of the project cost for installations of BEMS's in buildings with 76 or more units. There is no cap on this, yet most projects result in out of pocket expenses of less than $18,500.00.
If buildings under the same management company pursue similar projects the cost per system is reduced thus enhancing the impact of the investment.
Con Edison has a program called the Multi Family Energy Efficiency Program (http://www.coned.com/energyefficiency/residential_multifamily.asp). To qualify for this program, (1) the building must be between 5 and 75 units and (2) they must be a Con Edison gas and/or electric customer. Similar in nature to NYSERDA offerings, this program offers cash rebates for the installation/replacement/upgrade of various energy-related items in the building such as: boiler replacements, light bulb replacements and building/pipe insulation.
The "big ticket" incentive item is the installation of an Energy Management System. This Energy Management System will run the boiler (or other heating/cooling equipment) by a control that (a) can be controlled via an Internet interface and (b) that has indoor temperature sensors within at least 25% of the residential units (with a minimum of 5 sensors). By using these indoor sensors, the boiler can now skip cycles entirely if the building is retaining heat well. You can conservatively save 10% annually in fuel costs with this technological tool.
A good sample product is from Heat Timer:
http://www.heat-timer.com/En/ProductDetail.aspx?ID=4
http://www.heat-timer.com/En/ProductDetail.aspx?ID=24
I hope this clears up any confusion. Any questions can be directed to Calray Gas Heat Corp (yes, that's an advertisement).
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very confusing posting.
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