ecoENERGY Program for Multifamily Buildings
Your building may qualify for up to 25% of your project’s capital costs under the federal ecoENERGY Program for Multifamily Buildings. Other buildings have already been awarded up to $50,000 in financial incentives.Eligibility
Multi-unit residential buildings with a common entrance,AND at least four storeys or a footprint of 6500 square feet or more
AND less than 215,000 square feet
Eligible Buildings
High- and low-rise condominiums, apartment buildings, mixed-use commercial/residential buildings, and other multifamily buildings.Examples of Eligible Measures
Building Automation Systems, Lighting Retrofits, Lighting Controls, Building Envelope, HVAC Redesign, Chiller Replacement, Elevator Modernization, Equipment Replacement, Fuel Substitution, Ground Source Heat Pumps, Tenant Sub-Metering, Deep Lake Water Cooling, Variable Speed Drives, Power Conditioning, Transformer Replacement.Sample Case Study
| Total Project Cost: | $78,668 |
| ecoENERGY Incentive: | -$19,667 |
| Incentive Rate (%): | 25% of total project cost |
| Annual Energy Reduction (GJ): | 1,967 |
| Annual Electricity Cost Savings: | $16,980 |
| Simple Payback (Yrs): | 4.6 |
| Simple Payback (With Incentive) (Yrs): | 3.5 |
Grasshopper Energy manages various financial incentive programs for your energy efficiency upgrades project. And here’s the best part: it doesn’t cost a dime. Our charge is a small percentage of the financial incentive you receive.
