NYSERDA Green Homes Cash Incentive Program Announced

The New York State Energy Research and Development Authority (NYSERDA) has announced new incentives as part of a Green Residential Building Program. NYSERDA will offer $5,125 for a single-family home and up to $13,375 for a larger building—to owners of new or substantially renovated residential and residential mixed-use buildings, with up to 11 units, completed and/or occupied between January 1, 2010 and October 31, 2013. Buildings must use 30% less energy than typical homes; reduce waste and water use; improve indoor air quality; utilize passive solar principles; and use recycled, reclaimed, or rapidly renewable materials from local sources. The measures will be verified with a Silver level or higher certification in the National Green Building Standard, LEED for Homes, or LEED for New Construction. The Green Residential Building Program builds on NYSERDA’s Energy Star Homes program, which has been encouraging a 30% energy use reduction since 2001. For more information visit www.nyserda.org.