Con Edison is launching a strong incentive program that resulted in over 338,000 customers in New York City and surrounding areas adopting renewable energy and energy efficiency practices. Notably, 54,000 solar customers managed to reduce their electric bills to zero. The utility’s $161 million incentives package has particularly benefitted low- and moderate-income customers. However, despite these savings initiatives, Con Edison has proposed significant rate increases for electricity and gas, raising concerns among local politicians and stakeholders about future energy costs.
A strong incentive program from Con Edison is leading many customers to adopt renewable and reliable energy solutions, allowing them to save money.
Con Edison has reported that their incentive program helped 338,000 customers in NYC and nearby save money while transitioning to renewable energy.
Con Edison’s major financial incentives of over $421 million in energy efficiency programs aim to support low- and moderate-income households in reducing energy use.
With more than 338,000 participants, there is a significant push towards energy efficiency and clean energy solutions, amidst warnings of potential rate hikes.
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