Using Government Funding to Offset Energy Efficiency Costs in Buildings
Using Government Funding to offset energy efficiency costs in buildings
In January 2023, New York State will issue a scoping plan which will include recommendations to help meet the 2019 Climate Leadership and Community Protection Act, which involves a 40% reduction in greenhouse gas emissions by 2030 and an 85% reduction by 2050. The Scoping Plan will prioritize disadvantaged communities and the creation of good, family-sustaining, union jobs to all New Yorkers. The Climate Act requires that Disadvantaged Communities receive a minimum of 35% of the benefits of spending on clean energy and energy efficiency programs and projects. NYS government has introduced rebates for property owners that install energy efficient measures into their building. Rebates are available for all measures that are above the 2022 state energy code, all throughout NYS and higher rebate rates are available for affordable housing development projects.
STRATCO are a performance based advisory firm for obtaining government rebates, in order to support property owners as they navigate the net-zero transition. We specialize specifically on real estate and are able to value engineer your capital stack with government funding. If you have an new construction project, gut renovation, or mechanical replacement, you may qualify for incentives.
STRATCO’s Competitive Advantage:
Dedicated Customer Service to the Property Owner
Full Time Dedicated Contractor Support
Coordinate Incentive Processing With Program Provider