Con Ed’s New Energy Incentives – Act Now!

BSE Con Ed's New Energy Incentives

Across America we have been reeling from the strange and sometimes severe weather this year. An immediate consequence of the soaring temperatures this summer will be a spike in our electric bills as our air conditioners strain to keep up. It’s not often that anyone can help us cut any of our bills, but this time it’s different.

Consolidated Edison (Con Ed) provides energy for the 10 million people who live and work in New York City and Westchester County. Their new incentives are a remarkable package of programs to assist businesses and multi-family buildings in fast-tracking energy-saving upgrades. Con Ed is offering a promotional incentive increaseon a temporary basis, for projects completed by October 31, 2019.

You have probably heard the sayings “once-in-a-lifetime opportunity” and “if you snooze, you lose!” It is not an exaggeration to say this now. Con Ed’s promotional incentives are so compelling that Big Shine Energy is putting out a call to action for all NYC businesses to act now.

Additionally, Con Ed designated businesses in select neighborhoods as eligible for enhanced incentive offers and energy-efficiency upgrades. Con Ed’s website provides full incentive program details, which include interior and exterior LED lighting fixtures, bi-level LED fixtures, and controls. The incentives also cover an array of HVAC (heating, ventilating, air-conditioning) upgrades, such as variable frequency drives (VFD). These measures can substantially cut energy consumption—up to 90% in some instances. When considering the benefits of Con Ed’s promotional incentive increase, the return on investment (ROI) is unbeatable.

There is an additional reason to jump on these incentives now. New York City has taken a national and international leadership role in fighting climate change by passing the Climate Mobilization Act. This Act mandates comprehensive and deep changes to the commercial and residential infrastructure. Local Law 88 and 134 require commercial buildings over 50,000 square feet to upgrade their lighting systems and install sub-meters for commercial tenants by December 31, 2024. Additional measures require extensive changes by 2030, which sounds far away until you see what is needed. If you grab the low-hanging fruit now, your immediate upgrades will be ideally subsidized by Con Ed. And in less than two years, you can reap pure profit. Month after month, your savings will help compensate for the much deeper energy measures required by the Climate Mobilization Act.

Where does Big Shine fit in?

First, we are proud to say that we are a participating contractor with Con Ed. We know that implementing a large-scale lighting and HVAC project can be intimidating. So we have a unique turnkey solution to help navigate through incentive programs, applications, and paperwork.

Using the example of lighting, here is a breakdown of how our turnkey service works. We begin with a complementary lighting audit. During the audit, we will survey all your current lighting, document energy consumption, and document lighting levels as compared to IES standards. Big Shine Energy compares the benefits of room-by-room controls, bi-level lighting and networked controls, as appropriate.

Our photometric department prepares “before-and-after” renderings to know exactly what to expect after the lighting upgrade. And out incentives department works closely with Con Ed. We confirm each project’s incentive eligibility and establish a project schedule, given the October deadline. Big Shine is ISNetworld-rated, assuring that our installation team maintains the highest level of safety practices. Upon completion, we commission the lighting upgrade and provide full post-installation support.

The new Climate Mobilization Act may appear daunting, but we can approach it step-by-step as a series of opportunities. In this way, we can enjoy the benefits of state-of-the-art lighting and climate control while reaping tremendous savings on energy costs now and into the future. Our Big Shine Energy team applauds Con Ed for its comprehensive incentive program and proactive approach.

Submitted by the Big Shine Energy Technology Office on 7/24/2019

©2019

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