accessing energy efficiency financial incentives

We have over 30 years of financial and real estate development experience. IGP’s core business is to provide expert energy efficiency advice, project management services and financial expertise to enable building owners to implement and finance a wide array of energy conservation measures.

 

IGP can advise you in financing these energy efficiency retrofit projects by taking advantage of:

Greenwich Village Multifamily Buildings, Lower Manhattan Skyline and Brooklyn Bridge, Flatiron Building in Manhattan

What kinds of improvements pay for themselves?

Being green is not about being complicated or high-tech. The most effective improvements are often the cheapest – lighting upgrades, better thermostats, improved insulation. Low-cost upgrades can make a huge difference and IntelliGreen Partners can help you.
 

 

Improvement Frequency a Cost/sq. ft. b Payback c
Efficient faucets and shower heads 56% $0.04 1.3 years
Lighting fixture upgrades 46% $0.06 2.5 years
Exterior weather-stripping and sealing 41% $0.07 2.5 years
Domestic hot water controls 39% $0.01 1.1 years
Exhaust fan timers 31% $0.03 0.8 years
Lighting controls 20% $0.06 2.3 years
Pipe insulation 19% $0.02 2.0 years
Energy management systems 19% $0.23 2.0 years
Boiler cleaning and tuning 17% $0.07 1.0 years
Light bulb upgrades (e.g. CFL’s) 15% $0.04 1.0 years

 

a The likelihood an energy audit would recommend such improvements
b The average cost of the improvement divided by the building’s gross square footage
c The number of years for the projected annual energy savings to pay back the amount invested in the improvement
 

What are Financeable Energy Conservation Strategies?

  • Local Law 87/09 Energy Audit and Retro-commissioning
  • Boiler Evaluation
  • Commissioning or Retro-commissioning
  • Thermostatic Radiator Valves installation
  • Radiator covers with insulation
  • Wireless Temperature Sensors
  • Exhaust fan timer installation
  • Weather stripping and sealing
  • Pipe insulation
  • Efficient shower heads, faucets and washing machine installations
  • Sub-metering electricity in accordance with LL88
  • Heating/Ventilation/Air-conditioning (HVAC) optimization
  • Lighting/LED
  • Electrical and mechanical systems troubleshooting
  • Building Management Systems (BMS) and Energy Management Systems (EMS)
  • Co-generation evaluation and installation
  • Common area lighting fixture and bulb upgrades
  • Window replacement
  • Thermal Storage/HVAC
  • Battery Storage
  • Storm water conservation: green roofs
  • On-site solar photovoltaic systems
  • On-site solar thermal systems
  • Solar PV canopies over outdoor parking facilities