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Rebates & Project Financing

Deep energy retrofits and HVAC electrification projects are highly capital-intensive, often threatening to deplete Co-op and Condo reserve funds or trigger unpopular special assessments. However, the aggressive push for building decarbonization across New York has unlocked unprecedented levels of state and utility funding specifically designed for multifamily properties. Navigating this highly bureaucratic landscape of rebates and green financing requires specialized expertise to protect your shareholders’ investments.

Our Rebates & Project Financing services transform Local Law 97 compliance from a sunk cost into a financially viable upgrade. We serve as your technical and financial liaison to aggressively buy down your capital expenditures (CapEx) and prevent steep increases in monthly maintenance fees.

Our Incentive Optimization Process:

Utilizing advanced 3D Building Information Modeling (BIM), we create highly detailed digital twins of your facility’s mechanical, electrical, and plumbing (MEP) systems before any physical work begins. This predictive software allows our engineers to perform automated clash detection, identifying and resolving spatial conflicts—such as HVAC ductwork intersecting with plumbing lines or structural beams—in a virtual environment. By solving these complex spatial puzzles during the design phase rather than on the job site, we eliminate costly mid-project change orders, prevent material waste, and keep your construction schedule firmly on track.

Our End-to-End Implementation Process:

  1. Schematic Design & Engineering Specifications: Based on our ASHRAE-level energy audits and decarbonization roadmaps, our mechanical engineers draft precise MEP drawings. We design tailored solutions ranging from Variable Refrigerant Flow (VRF) heat pump retrofits to complete central boiler plant replacements.
  2. Regulatory Approvals & Permitting: We package all mechanical blueprints and energy code compliance documentation, managing the entire submission process with the NYC Department of Buildings to secure approvals rapidly.
  3. Procurement & Bid Leveling: We translate our engineering blueprints into clear, enforceable scopes of work. We assist your board or management team in sourcing trusted contractors, deconstructing their bids to expose hidden costs, and establishing firm contracts that protect your capital.
  4. Construction Management & Quality Control: Acting as your technical advocate, we maintain a persistent on-site presence. We resolve unforeseen structural clashes, oversee the phased installation in occupied tenant spaces, and hold contractors strictly accountable to the engineering plans.
  5. Final Commissioning & Handover: Before signing off on final payments, we rigorously test and commission all newly installed equipment. We ensure that building automation systems are properly calibrated and that the mechanical infrastructure is operating at the exact efficiency levels required to secure your utility rebates.
  6. The Result: A frictionless construction process that protects your reserve capital, minimizes tenant disruption, and delivers a modernized facility that performs exactly as modeled.

Funding Your Retrofit

1

AMEEP & NYSERDA Navigation

We act as your dedicated financial liaison to unlock massive state and utility funding. Our team is fluent in the complex requirements of the Affordable Multifamily Energy Efficiency Program (AMEEP), guiding properties through both the comprehensive and non-comprehensive funding pathways to maximize capital injections.

2

Data Verification & Correction

Because Local Law 97 fines are calculated directly from your benchmarked data, a simple clerical error can result in massive financial penalties. We conduct forensic reviews of your utility data and square footage classifications to ensure you are never penalized for energy you didn’t use.

3

Continuous Performance Tracking

Benchmarking is more than just checking a compliance box. By tracking your Energy Use Intensity (EUI) year over year, we help ownership identify hidden operational drifts, track the success of recent mechanical upgrades, and forecast future energy expenditures.

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