Energy Efficiency Programs Prevent Emissions, Provide Incentive $$$
Con Edison Media Relations
For Immediate Release: March 25, 2015
Nearly 35,000 Con Edison customers who took advantage of the company’s energy efficiency programs in 2014 helped keep New York’s air clean and earned a record amount of incentives while doing so.
The customers’ projects — which included lighting, HVAC equipment, building management systems and other improvements — will keep more than 87,000 tons of carbon out of the air annually.
That’s the equivalent of taking 14,500 cars off the road.
“Technology is bringing us new ways to help our customers save energy, and keep New York clean,” said Rebecca Craft, Con Edison’s director of Energy Efficiency and Demand Management. “And our customers benefit financially with incentives for energy-saving improvements and lower bills.”
Con Edison customers earned almost $60 million in incentives in 2014 for their energy efficiency upgrades.
The company’s small business program proved to be particularly attractive last year, as the number of customers who got incentives for electricity-saving upgrades rose 61 percent to 9,523. Those customers earned $35.1 million in incentives.
Since 2009, which is when Con Edison began its energy efficiency programs, more than 220,000 customers have helped to prevent 330,000 tons of carbon emissions and received $190 million in incentives.
Con Edison has energy-efficiency programs for every type of customer. To learn more, go to http://www.coned.com/energyefficiency/.
The company offers residential customers rebates of up to $1,000 to replace old cooling and heating systems and rebates up to $50 for appliance upgrades. Small business customers can get free energy surveys and free or subsidized upgrades to help them use less electricity in certain neighborhoods.
Customers with multifamily buildings of five to 75 units can get free energy surveys and rebates for energy-efficient electric and gas equipment in common areas. Commercial and industrial customers can save up to 50 percent on an energy efficiency survey and receive incentives for upgrading equipment.
Con Edison also has a Demand Response program that pays customers to curtail their electrical usage when demand for electricity is high. The enrollment deadline is April 1 for customers who want to being receiving benefits in May. Get more information here:http://coned.com/energyefficiency/demand_response.asp.
The company also increased its Demand Management incentives for owners and managers of large buildings who take advantage of technologies like battery storage, thermal storage, and LED lighting to reduce usage at peak times. Get information here:http://coned.com/energyefficiency/demand_management_incentives.asp
Con Edison is a subsidiary of Consolidated Edison, Inc. (NYSE: ED), one of the nation’s largest investor-owned energy companies, with approximately $13 billion in annual revenues and $44 billion in assets. The utility provides electric, gas and steam service to more than three million customers in New York City and Westchester County, N.Y. For more financial, operations and customer service information, visit www.conEd.com, learn energy tips at,www.coned.com/waystosave, or find us on Facebook at Con Edison.