PSEG Free Energy Assessments – PSEG offers free energy consultations to not-for-profits through qualified contractors. Contractors will tour the facility with you, discuss energy saving opportunities, and help guide you through rebate application processes.
NYSERDA Green Jobs – Green New York Energy Studies - Energy studies, costing between just $100-$500, are available for small commercial and not-for-profits to identify and analyze opportunities to make buildings more efficient, which lowers associated energy costs. Not-for-profit organizations of any size are eligible for this offering, in facilities 50,000 sq ft or less.
Studies include:
Energy study report that outlines potential energy and cost savings opportunities for your facility.To get started with your energy study, please contact us at 888-338-0089 or info@NYEnergyStudy.com
Investment Tax Credit (ITC) Direct Pay Fact Sheet for Nonprofits – Thanks to changes to the federal solar credits in the Inflation Reduction Act, municipalities and not-for-profits can now receive these tax credits (even though they don't pay taxes) in the form of DIRECT FEDERAL PAYMENTS. The new Investment Tax Credit was increased to 30% for clean energy projects and its bonus credits enables tax-exempt entities to receive up to six bonus credits that could raise the ITC to 70% of the eligible costs of the project’s installation.Direct pay enables tax-exempt entities to receive payment equal to the full value of the ITC and its bonus credits. This Direct Pay Fact Sheet details which types of tax-exempt entities are eligible to receive direct pay, outlines the process to receive direct pay, and introduces additional resources.
Inflation Reducation Act (IRA) Guide for Nonprofits and Municipalities - The IRA expanded, extended, and established tax credits that are driving billions in clean energy investment across the U.S and includes a new provision, known as “direct pay” or “elective pay”, that enables nonprofits, municipalities, and other tax-exempt organizations to directly access clean energy tax credits for the first time. Now, installing and owning clean energy technologies like solar panels and electric vehicles is a more affordable, straightforward investment at any scale. This guide will cover how nonprofits and local governments can advance clean energy in their own operations and community with IRA tax credits and direct pay.
NYSERDA: Find A Contractor – NYSERDA has created a statewide network of partners who offer energy efficiency solutions that can help reduce your energy usage and costs from certified contractors and accredited companies. These contractors can provide solar installation services , energy storage solutions , energy efficiency consulting services and feasibility studies , new construction energy consulting , heat pump installation services , real time energy management services , and energy efficiency services to existing multifamily buildings. The State of New York does not endorse, guarantee, represent, or assume liability for any work proposed or carried out by any entity listed.
NYSERDA Carbon Neutral Community Education Development Program - Incentives available to support economic development projects on Long Island for projects that are designed to carbon neutral net or zero energy performance. NYSERDA Carbon Neutral Community Economic Development program supported projects:
Awards range up to $2 million and are traditionally award through the Consolidated Funding Application opening in May and closing at the end of July.
Building Upgrades Inspiring Local Transformation (BUILT Nonprofits) – The Building Upgrades Inspiring Local Transformation (BUILT Nonprofits) funding opportunity supports nonprofit building improvement projects that reduce energy use, lower carbon emissions, and generate short and long-term energy cost saving so that operational dollars can be redirected toward mission-critical work. Eligible nonprofit participants are 501(c)(3) organizations who own and operate their own buildings. BUILT Nonprofits will provide awards of up to $100k each. The program requires a 20% cost-share. Application Deadline is November 12, 2024 by 11:59 PM ET.
CDLI Weatherization Assistance Program (WAP) – Administered by CDLI locally,WAP can assist not-for-profit organizations by reducing their heating/cooling costs and improving the health and safety of its residential building inventory serving low income and disadvantaged residents with energy efficiency measures.
Everybody Solar – Works to protect the environment and strengthen U.S. communities through solar energy projects by providing solar power to local charities and not-for-profits to help reduce electricity costs and direct their limited resources to the communities they serve.
Re-volv – Through a Power Purchase Agreement or solar lease, RE-volv provides solar energy financing for community-serving nonprofits saving them on average 15% or more on their electricity bills across the country. As nonprofits pay back RE-volv, those payments are reinvested in their Solar Seed Fund, a one-of-a-kind, pay-it-forward revolving fund for solar for other nonprofits.
Suffolk County Economic Development Corporation (SCEDC) - The primary purpose of the SCEDC is to promote economic development in Suffolk County by assisting not-for-profit corporations in their acquisition of capital projects.Typical projects eligible for financing include the purchase and rehabilitation of existing buildings, the construction of new buildings, or the construction of additions to existing facilities.Equipment may also be financed through the SCEDC.SCEDC provides financial assistance through the issuance of tax-exempt or taxable bonds.
Suffolk County Industrial Development Agency (IDA) - The Suffolk County IDA offers tax incentives and access to other financial and critical business resources, provides thought leadership and technical assistance opportunities, and mobilizes local and regional assets. With the help of the IDA, clinets are able to expand and renovate current operations and purchase or build new locations. Assistance includes: bond financing, property tax abatements, and sales tax exemptions.
Last updated November 12, 2024