Con Ed Business Customers Reach 1 Million Megawatt Hours in Energy Savings

Project by project, business customers have reduced their energy consumption by more than 1 million megawatt hours through Con Edison’s Small and Medium Business Program. That’s a milestone equal to enough electricity to keep the lights in the theaters, restaurants, shops, and offices throughout Times Square shining brightly for two years.

When BCW Member Con Edison started its Small and Medium Business Program in the five boroughs and Westchester in 2010, it focused on simple improvements such as installing LED lighting. Today, the program offers more comprehensive measures, including lighting and controls, heating, ventilation and cooling (HVAC) equipment, hot water systems, building envelope, energy management systems, and refrigeration upgrades. The program has provided more than 33,000 business customers almost $238 million in incentives for nearly 49,000 projects.

“Con Edison is here to help businesses reduce their energy costs and improve their bottom line,” said Greg Elcock, Vice President of Energy Efficiency and Distributed Resource Planning.

“We’re helping businesses achieve their clean energy goals with incentives and rebates offered in our Small and Medium Business, Multifamily and Commercial and Industrial programs. Incentives help businesses cover the upfront costs of energy efficient upgrades,” Elcock said.  “Businesses then save money every month on their energy bills giving them a better return on their investment. It’s good for business and good for the environment.”

Con Edison’s clean energy programs play an integral role in helping business customers understand their electrification needs, and finding the right incentive to make their clean energy goals affordable. This work is an important part of Con Edison’s Clean Energy Commitment.

To help achieve New York’s ambitious climate goals, Con Edison is building a Clean Energy Network to advance market transformation and optimize the efforts of stakeholders, contractors, distributors, manufacturers, architecture and engineering design firms, technology providers, financiers, educators, and key industry professional organizations, to benefit New Yorkers.

Con Edison is working to help NYC businesses meet their energy efficiency requirements under Local Law 97. That law is part of the city’s ambitious plan to make NYC carbon neutral by 2050. It applies a carbon emissions limit for businesses that own a single building over 25,000 square feet, or multiple building units with more than 50,000 combined square feet. The first emissions compliance deadline is 2024.

Con Edison offers energy efficiency saving and incentive programs for all kinds of businesses from large commercial and industrial customers to multifamily building owners to apartment dwellers and homeowners. The company is also helping New York meet its urgent need for clean energy workers by investing in green job training, with a focus on helping residents of disadvantaged communities. The Clean Energy Academy has successfully trained more than 500 individuals for careers in the energy field.

Dr. Marsha Gordon, BCW President & CEO said, ““Businesses are better when they work efficiently. Con Edison’s incentives help make installing energy efficiency upgrades more affordable for businesses. And, using less energy means lower bills. That’s why we think Con Edison’s energy efficiency programs are good for business and the environment.”