# NYSERDA Expands Multifamily Building Incentive Program. Easier Energy Efficiency Projects

- Link: https://greenlivingguy.com/2012/07/nyserda-expands-multifamily-building-incentive-program-easier-energy-efficiency-projects/
- Published: 2012-07-27T18:43:43-04:00
- Author: greenlivingguy

Redesigned portfolio offers multiple financial incentives and paths for energy efficiency

The New York State Energy Research and Development Authority (NYSERDA) is giving
owners and developers of multifamily buildings-including condominiums and co-ops-
more ways to reduce energy waste and save money. NYSERDA is offering higher incentives
for all existing multifamily housing, including significantly increased incentives
for affordable housing buildings that burn only natural gas for their primary space
heating, and buildings that exceed energy savings expectations. NYSERDA has also
added a fast track for multifamily buildings with five to 49 units, which offers
a faster, easier process for identifying improvements to the building and payment
of the entire incentive upon completion of improvements.

The expanded options are part of the new Multifamily Energy Performance Portfolio(
MEPP), which brings together all NYSERDA multifamily programs under one brand to
give owners, managers and developers greater ability to enter into energy efficiency
at the point where they are most comfortable. Properties that make energy efficiency
upgrades can generally realize significant cost savings and offer residents units
that are more comfortable, healthy and [sustainable](https://greenlivingguy.com/2022/02/8-simple-ways-how-to-make-your-hiking-trip-eco-friendly/).

“NYSERDA recognizes that every multifamily building is different. By tying incentives
to the installation of actual energy efficiency improvements and giving owners and
developers more paths, we are making it easier to get started and to complete upgrades,”
said Francis J. Murray Jr., President and CEO of NYSERDA. “The new changes also 
address common obstacles to implementing energy efficiency improvements, from time
constraints and lack of financial resources, to having the technical expertise to
navigate through all phases.”

MEPP differs from other energy efficiency incentives available today by teaming 
owners and developers directly with Multifamily Performance Program (MPP) Partners.
MPP Partners provide the hands-on expertise critical to help get projects started,
process paperwork and keep projects on track to receive incentives.

Highlights of the redesigned portfolio include:

*         Multiple entry points for owners of existing buildings to get started 
with energy efficiency and qualify for incentives through one of two ways:

o   Benchmarking that compares a building’s efficiency with similar properties and
identifies no- to low-cost basic recommendations for energy improvements

o   Comprehensive Whole Building Assessment and Energy Reduction Plan that provides
the analysis and recommendations owners need to create a customized path for upgrades
that take advantage of interconnections among systems

*         Two paths for existing buildings to implement energy efficiency, including
the Fast Track, available to properties with five to 49 units, and the Standard 
Path, available to all multifamily buildings

*         Three distinct paths for new construction to enable developers to choose
the one that best matches the characteristics of their building, as well as their
interest, time and resources

o   Modified Prescriptive Path offers a faster option leading to exceptionally performing
buildings by incentivizing improvements implemented according to a prescribed list
of energy saving options. This path is best suited for gut rehabs and historic buildings,
but is appropriate for all types of new construction.

o   Prescriptive Path with ENERGY [STAR](https://greenlivingguy.com/2021/12/manufacturers-cut-17-million-metric-tons-of-greenhouse-emissions-with-help-from-epas-energy-star-program/)(
r) also offers a faster option leading to exceptional performance in buildings. 
It incentivizes improvements implemented according to a prescribed list of energy
savings options that leads a building to receive the ENERGY STAR label from the 
Environmental Protection Agency (EPA)

o   Performance Path with ENERGY STAR supports a customized, whole building approach
to energy efficiency that leads a building to receive the ENERGY STAR [label from the EPA](https://greenlivingguy.com/2012/04/columbia-label-a-settlement-with-the-epa/)

*         An incentive schedule that is now tied to project size. NYSERDA’s incentive
is based on the number of apartments in the building, so owners, managers and developers
can determine how much money they will receive before they even apply to the program.

*         Incentives for existing [multifamily housing](https://greenlivingguy.com/2011/12/multifamily-housing-solutions-for-energy-savings/)
have increased from just over $600 per apartment in the previous version of the 
program to up to $1,000 per apartment depending on what type of fuel is burned to
heat the building and  whether it is affordable housing.

*         A bonus incentive for all existing building projects up to $300 per apartment,
awarded to projects realizing energy reduction savings of 20 percent or higher.

MEPP includes the Multifamily Performance Program, the Energy Reduction in Master-
Metered Buildings Program and the Multifamily Building Financing Program. For more
information about NYSERDA’s MEPP, call 1-877-NY-SMART or visit www.nyserda.ny.gov/
multifamily<[http://www.nyserda.ny.gov/multifamily&gt](http://www.nyserda.ny.gov/multifamily&gt);.

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 greenlivingguy

 The Green Living Guy, Seth Leitman is an independent power producer, a green living
expert, and Editor of the McGraw-Hill, TAB Green Guru Guides. Seth is also an Author,
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Green Living Guy writes about green living, green lighting, the green guru guides
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