New York State Energy Research and Development Authority (NYSERDA) is a public benefit corporation created in 1975. NYSERDA’s earliest efforts focused solely on research and development with the goal of reducing the State’s petroleum consumption. Today, NYSERDA’s aim is to help New York meet its energy goals: reducing energy consumption, promoting the use of renewable energy sources, and protecting the environment.
NYSERDA administers the New York Energy $martSM program, which is designed to support certain public benefit programs during the transition to a more competitive electricity market. Some 2,700 projects in 40 programs are funded by a charge on the electricity transmitted and distributed by the State’s investor-owned utilities.
NYSERDA derives its basic research revenues from an assessment on the intrastate sales of New York State’s investor-owned electric and gas utilities, and voluntary annual contributions by the New York Power Authority and the Long Island Power Authority. Federally funded, the Energy Efficiency Services program is working with more than 540 businesses, schools, and municipalities to identify existing technologies and equipment to reduce their energy costs.
NYSERDA offers financial and technical assistance to the State’s businesses, industries, municipalities, and residents to address New York’s energy and environmental needs. Incentives are available through a number of programs for various projects and initiatives such as new construction, commercial/industrial projects, energy efficiency improvements, wind and solar systems, energy audits, and much more.
- Alternative-Fuel Vehicle Program
- New Construction Program
- Get Paid to curtail your electric load during grid high-demand periods
- Building Commissioning (HVAC tuning)
- Small Commercial Lighting
- Premium Efficiency Motors
- Solar-Electric (PV) System Incentive Program
- C/I Performance Program (performance-based incentives)
- Technical Assistance
- Technical Assistance – FlexTech
- Technical Assistance – Energy Audit
- New York energy $martSM Loan Fund
- Green Buildings Smart Equipment Choices
"NYSERDA's principal goal is to help all New York State utility customers solve their energy and environmental problems while developing new, innovative products and services that can be manufactured or commercialized by New York State firms."