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Want to Save Money? Tune Up Your Home.
Every homeowner in New York City is eligible for financial incentives to reduce energy use. Depending on your income, age and other factors, you can receive from 10 to 100 percent of the costs for making improvements to your home that will save you money on your electric, heating and water bills, make your home more comfortable and healthy and reduce harmful emissions that contribute to air pollution and global warming.
The typical home wastes one-fifth to one-half of the energy it consumes. In New York City, homeowners can save as much as $1,200 every year on energy bills through comprehensive energy-efficiency retrofits. Most investments in energy reductions pay for themselves in energy savings within four years. Measures covered by these various incentive programs typically include increasing insulation, improving or replacing heating systems, upgrading appliances, replacing lighting and addressing water waste. Other measures, such as new windows or alternative energy sources, may also be eligible.
Download our guide to incentive programs for home energy upgrades
This Retrofit NYC at-a-glance summary to financing energy-efficiency upgrades provides eligibility and information about where to apply for the following programs:
- New York State Energy Research and Development Authority (NYSERDA) Assisted Home Performance with ENERGY STAR® Program
- NYSERDA Home Performance with ENERGY STAR® Program
- Con Edison Energy Efficiency Program
- New York State Weatherization Assistance Program (WAP)
- National Grid Enhanced Air Sealing and Insulation Program (EHSIP) and rebates
- NYSERDA EmPower New York
- Senior Citizen Homeowner Assistance Program (SCHAP)
- Weatherization, Referral and Packaging Program (WRAP)
- Federal Tax Incentives
- Solar Incentives
Every homeowner in New York City is eligible for financial incentives. However, National Grid's programs are limited to National Grid gas customers. Some programs determine eligibility based on household income. WAP, EmPower NY and WRAP are limited to households earning 60 percent or less of New York State's median income, or about $49,000 for a family of four. Assisted Home Performance with ENERGY STAR is limited to households earning 80 percent or less of New York City's median income, or about $63,000 for a family of four. There are no income limits for NYSERDA's Home Performance with ENERGY STAR program. See our at-a glance guide for more details.
