RetrofitNY Gap Funding for High-Performance Retrofit Projects (New York City) (PON 4062)

Due Date:  Continuous

Description

Through this PON, NYSERDA will provide project funding for up to three building owners whose respective buildings have had high-performance retrofit solutions designed for them under NYSERDA’s RFP 3750. Buildings must be located inside the five boroughs of New York City and not be higher than seven stories.  The high-performance solutions must demonstrate promise for approaching or achieving net zero energy performance, be scalable, improve residents’ quality of life and be installed with minimal disruption to residents. 

This solicitation will provide limited project gap funding to produce and install such prototype retrofit solutions in instances where (a) the cost of the retrofit solution exceeds available project financing and (b) that additional cost cannot be fully underwritten by the energy and operational savings produced by that retrofit solution.  The goal of funding such projects is to demonstrate the efficacy of the retrofit solutions and lay the foundation for such solutions to be developed at large scale, significantly reducing their costs thereby and ultimately making the process self-financing and self-sustaining.

Funds will be allocated proportionate to demonstrated project need as determined by program staff up to a total project amount equivalent to $40,000 per dwelling unit. 

Applications will be reviewed by NYSERDA program staff for up to 18 months from the PON release date or until three projects have been awarded or all funds allocated. 
 

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