The Real Deal New York

New York state to offer incentives for zero-net-energy buildings

$34M set aside works out to between $2K and $8K per residential unit

June 02, 2014 03:40PM

Zero-net-EnergyGoing green could prove to be a boost to the wallet.

For those homes that generate more energy than they consume, or zero-net-energy buildings, New York state is offering $34 million in incentives. Per household, this comes down to between $2,000 and $8,000 per residential unit for builders of energy-efficient homes. Individuals are also eligible for the incentives.

A zero-net-energy building relies on, among other things, solar panels, insulation and geothermal heating and cooling systems to balance out energy consumption.

The New York State Energy Research and Development Authority aims to help more builders meet the goal of building zero-net-energy buildings. [Crain's]  Claire Moses

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