Are you looking for ways to reduce energy costs and incorporate clean energy into your business? If so, you may want to consider upgrading to energy-efficient heating and cooling equipment. Fortunately, there are a variety of programs and incentives available to help you make the switch. The Flexible Technical Assistance Program (FlexTech) provides financial support to complete an energy study to identify and evaluate opportunities to reduce energy costs and incorporate clean energy into capital planning. The Inflation Reduction Act (IRA) also offers tax credits for energy efficiency investments in the modernization of commercial buildings or new construction projects, including HVAC improvements.
In addition, there are a number of prescriptive reimbursements for commercial HVAC systems available. Professional and technical assistance from a Central Hudson business partner can help you identify and install a high-efficiency furnace or boiler for your company. You may also be eligible for rebates for installing energy-efficient HVAC equipment, such as heat pumps, natural gas hot water boilers, natural gas ovens, heating and hot water controls, and more. If you own a multifamily building, Con Edison offers reimbursements for equipment, including HVAC, lighting and controls, air conditioning, energy management systems, and low-flow measures.
There are also customized energy efficiency programs available in New York City and Long Island that provide incentives and support for energy efficiency improvements in existing buildings (including efficiency improvements in existing heating processes). For customers in the south of the state, National Grid provides support for prescriptive incentive measures, personalized incentive measures, direct installation measures, and a single-pipe steam system refurbishment program for multifamily buildings. Upstate New York customers may be eligible for rebates for installing geothermal or aerothermal heat pumps and qualified heat pump water heaters. Commercial and industrial customers may be eligible for rebates for installing high-efficiency boilers, furnaces, unit heaters, controls and thermostats, steam traps, demand control ventilation, and more.
There are also prescriptive commercial and industrial HVAC rebates available for upgrading to high-efficiency air conditioners and heat pumps. If you're a homeowner looking to reduce your home's energy consumption, you may want to consider getting a professional energy assessment. A professional energy evaluator will conduct a room-by-room examination of your residence as well as a thorough examination of previous utility bills. They may use equipment such as fan doors, infrared cameras, furnace efficiency meters, and surface thermometers to detect sources of energy loss.
The right mix of home improvements will depend on the age and quality of your current equipment, your local climate, and your home's energy goals. To get started on finding the right mix of solutions for your home, you can sign up for updates from Energy Saver or contact the Office of Energy Efficiency & Renewable Energy at Forrestal Building 1000 Independence Avenue SW Washington DC 20585.
