GreenSaver – Multifamily Energy Efficiency Rebates (MEER)
Your building may qualify for a subsidized initial assessment and up to 50% of your project’s capital costs under the GreenSaver – Multifamily Energy Efficiency Rebates (MEER) Program. Other buildings have already been awarded anywhere from $2,000 to $600,000 in financial incentives.Eligibility
Eligible Buildings
High- and low-rise condominiums, apartment 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: | $108,969 |
| MEER Incentive: | -$17,385 |
| Incentive Rate (%): | 16% of total project cost |
| Annual Consumption Savings (kWh): | 168,980 |
| Annual Electricity Cost Savings: | $16,898 |
| Simple Payback (Yrs): | 6.4 |
| Simple Payback (With BOMA Incentive) (Yrs): | 5.4 |
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.
