During 2016, commercial and industrial customers of Consolidated Edison – the largest regulated utility in the New York City metropolitan area – enjoyed about $25 million in energy efficiency incentives, the company announced on March 27.
Specifically, last year, the utility paid out $4.9 million to industrial customers, $19.9 million to small businesses, $10.9 million to owners of multi-family buildings, and $5.1 million to residential customers for a total of $40.8 million.
Customers who chose energy-saving HVAC, lighting, building management systems, and other efficiency measures reduced electrical usage by 160,200 MWh and saved 266,500 dekatherms of gas. That is the equivalent of taking more than 23,000 cars off the road, Con Edison said.
“Technology is giving households and businesses new and better ways to reduce their energy usage,” said Con Edison Director of Energy Efficiency Vicki Kuo. “We offer customers advice and incentives for taking advantage of programmable thermostats, sophisticated building management systems, the latest in lighting, and other technologies.”
Con Edison has energy efficiency programs for every kind of customer and even provides free energy surveys for businesses. The utility’s authorized contractor, Willdan Energy Solutions conducts a free energy assessment and suggests ways, for example, in which a company can make its lighting and refrigeration more efficient.
Customers get up to 70 percent of the cost for energy improvements from Con Edison. The customer pays only the difference, so there is no wait for a rebate. Upgrades pay for themselves over time with the energy the customer saves.
Since 2009, the company says it has paid customers more than $280 million to make upgrades.