Financing Commercial Building Retrofits

Commercial, manufacturing and nonprofit buildings (including retail stores, office buildings, industrial buildings, religious institutions, community centers, colleges and other nonprofit facilities) can see immediate reductions in operating incentives from facilities improvements and behavioral changes that reduce the use of electricity, heating fuel and water. And, by reducing energy use and costs, New York City businesses and nonproits can make a meaningful difference in reducing carbon emissions. Commercial buildings alone generated 21 percent of New York City's carbon emissions. When combined with industrial and institutional facilities, this class of buildings generate 37 percent of the city's total emissions.

The first step to reducing energy costs is to conduct an energy assessment to learn where you can save. And, depending on your current energy use, the assessment and even the recommended measures may be provided at little or no cost.

To assist businesses and non-profits to reduce energy reductions, New York State Energy Research and Development Authority (NYSERDA), Con Edison and National Grid offer incentives to reduce the costs of facility upgrades.

Download our guide to commercial and nonprofit retrofit incentives.