INFORMATION ON RENEWABLE HEAT NY

In his 2014 State of the State Report, Governor Andrew Cuomo announced his Renewable Heat NY (RHNY) Initiative.  The Initiative, funded by $28 million, offers targeted incentives for residents, businesses and institutions to convert to high-efficiency, low emission biomass heating appliances. 

The first round of incentives was announced at bioenergy appliance manufacturer, Evoworld Inc., in Troy, NY, on July 29, 2014.  These incentives are summarized in the chart below; this information, as well as more details on eligible appliances, workforce training and other financing options, is available on the New York State Energy Research and Development Authority (NYSERDA), the state agency managing the RHNY program here.

 

Customer Type System Type/Technology Incentive Amount
Residential
Wood Pellet Stove $1,500 (up to $2,500 for income qualified homeowners)
Advanced Cordwood Boiler with Thermal Storage Up to $10,000 based on 25% of installed cost up to $5,000 with an additional $5,000 for the recycling of old outdoor/indoor wood boiler.
Commercial -- Small
Advanced Cordwood Boiler with Thermal Storage Up to $10,000 based on 25% of installed cost up to $5,000 with an additional $5,000 for the recycling of old outdoor/indoor wood boiler.
Small Pellet Boiler with Thermal Storage Less than 300 MBtu/h (88 kW) 45% of total installed cost up to $36,000 based on size
Commercial -- Large
Large Pellet Boiler with Thermal Storage More than 300 MBtu/h (88 kW) 40% of total installed cost ($200,000 maximum incentive)
Tandem Pellet Boiler with Thermal Storage More than 300 MBtu/h (88 kW) 45% of total installed cost ($270,000 maximum incentive)

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