A new NYSERDA incentive program, the Multifamily Carbon Emissions Reduction Program (MCERP), launched April 1, 2011, will provide incentives for buildings that reduce their carbon footprint by converting from #6 oil to #2 oil, natural gas, biodiesel, or steam. Multifamily buildings (5 units or larger) that currently burn #6 oil are eligible to apply to the program.
Incentives will be calculated by the tons of carbon emissions avoided due to the conversion and cannot exceed $175,000 or 80% of total project costs. This program emerges on the heels of a New York City ruling which will effectively prohibit the combustion of #6 oil by 2015. Because of the financial and environmental benefits of natural gas, as well as the impending elimination of #6 oil, there’s no better time than the present to talk to EIS about facilitating your building’s oil to natural gas conversion.
Call or email today to discuss how your building can benefit from this new incentive program.