NYSERDA – Renewable, Clean Energy, and Energy Efficient Product Manufacturing Incentive Program

State:      New York

  • Incentive Type:     Industry Recruitment/Support
  • Eligible Efficiency Technologies:     Yes; specific technologies not identified, must use electricity as principal input
  • Eligible Renewable/Other Technologies:     Solar Water Heat, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Fuel Cells, Electric Storage Products for Grid-Connected Applications, Anaerobic Digestion, Tidal Energy, Wave Energy, Ocean Thermal
  • Applicable Sectors:     Commercial, Industrial
  • Amount:    Varies
  • Maximum Incentive:    Phase I Max: lesser of 5% of project or $75,000;
  • Phase II Max: lesser of 20% of project or $300,000;
  • Phase III Max: up to $1,125,000, paid based on 25% of New York content of product sales;
  • Total: $1.5 million per project
  • Terms:    Phases I & II: 50% cost share;
  • Phase III: 75% cost share
  • Funding Source:    New York System Benefits Charge
  • Program Budget:    $4.5 million (available as of April 2010)
  • Web Site:     http://www.nyserda.org/funding/funding.asp?i=2