Qualifying energy-conservation improvements to homes are exempt from real property taxation to the extent that the addition would increase the value of the home. The exemption includes general municipal property taxes, school district taxes, and special ad valorem taxes, but does ''not apply'' to special assessments. Eligible properties include single-family to four-family dwellings.
In May 2007 the New York Public Service Commission (PSC) issued an order instituting a proceeding to develop an Energy Efficiency Portfolio Standard (EEPS). The order set a goal of reducing electricity usage in New York by 15% from projected electricity usage in 2015. After examining comments and input from staff and stakeholders, the PSC issued a further order in June 2008 establishing detailed program targets, ratepayer collections to fund energy efficiency programs, and various other protocols for the EEPS.
New York's energy efficiency standards for state buildings are governed by an overlapping set of state laws and Executive Orders. The summary below describes the standards created by each authority. Executive Order No. 88 (Cuomo) is described first as it contains the far reaching and detailed set of standards. Executive Order No. 88 replaces Executive Order No. 111 originally signed by Governor Pataki in 2001 (and continued by subsequent governors).
Note: The eligible technologies listed above are only examples of some improvements/installations that may supported under the program. For any given project, the supported measures will vary based on an evaluation of the most appropriate improvements for improving energy efficiency. The new construction portion of the program offers both a Prescriptive Path and a more flexible Performance Path.
The New York State Energy Research and Development Authority (NYSERDA) encourages the incorporation of energy efficiency and renewable-energy resources into the design, construction and operation of agricultural, commercial (wholesale/retail), industrial/manufacturing, institutional and multi-family buildings (5 units or more) through the Energy $mart New Construction Program. The definition of eligible applicants includes governmental entities, not-for-profits, health care facilities, K-12 schools, colleges and universities.
The New York Public Service Commission (PSC) requires all electric utilities, energy service companies, jurisdictional municipal electric utilities and jurisdictional cooperative electric utilities to disclose details regarding the fuel mix and emissions of the supplier’s electric generation to customers. This information must be provided to retail customers in a standard format every 6 months.
The NYSERDA Existing Facilities program merges the former Peak Load Reduction and Enhanced Commercial and Industrial Performance programs. The new program offers a broad array of different incentives to electricity and natural gas customers within the state that pay the System Benefits Charge (SBC). Energy service companies (ESCOs) that implement efficiency measures for eligible customers are likewise eligible. Both pre-qualified equipment rebates and performance based rebates are offered under this program, as described below.
In 2006 the Town of Riverhead on Long Island enacted a special allowance in its building permit fee structure to provide a discount to people wishing to install energy conservation devices on residential or commercial buildings. The provision in the town code applies to any energy conservation device "installed in or on a structure which qualifies for any federal, state or local tax exemption, tax credit or tax rebate", but explicitly mentions solar panels as eligible for favorable treatment.
Con Edison offers New York Commercial electric customers a rebate program for energy efficient equipment in buildings inside the eligible service area. All equipment must be installed by a participating contractor and installations may be inspected before incentive payments. Customers can schedule an energy efficiency survey to begin the program.
Con Edison offers New York Multifamily electric customers a rebate program for energy efficient cooling and lighting equipment in 5-75 unit buildings in the eligible service area. All equipment must be installed by a participating contractor and installations may be inspected before incentive payments. All equipment must meet program efficiency requirements in order to qualify for rebates. Customers can schedule an energy efficiency survey to begin the program. Contact Con Edison for further information on this offering.