2018 Program Year
Project Details
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Location: New York
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Project Savings to Date: 2,689,087 kWh
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Additional Pipeline Savings in Implementation: 3,061,498 kWh
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Total Incentive Funding Utilized in 2018: $351,935
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Project Sites: 25 Properties
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Total Awardee Funding Available in 2018: $2.8 Million
Overlay Services
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Program Design and Guidelines
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Marketing and Outreach
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RFQ Response Review and Approval
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Online Auction Platform
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Project Implementation Tracking
Overview:
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The Consolidated Edison Energy Efficiency (EE) Auction used an online reverse auction to determine rebate values at a price per kWh
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The EE auction was technology specific, with pre-qualified bidders submitting large scale variable frequency drive (VFD) and elevator specific projects prior to the auction
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Additional incentive funding was available to auction participants who did not place a winning bid at a competitive “Buy Now” rate
Results:
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The EE Auction delivered 2,689,087 kWh of savings during the 2018 calendar year
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Pipeline projects launched in 2018 during the ConEd EE Auction are anticipated to deliver an additional 3,061,498 kWh of savings by the end of 2020