Updated EmPower+ Pricing and Fuel Rates
To: Contractors and Stakeholders
Regarding Programs: EmPower+
Summary: Updated EmPower+ Pricing and Fuel Rates
Contact: Please reach out to Contractor Support at 1-800-284-9069 with any questions
EmPower+ measure pricing and Program fuel rates have been updated and are effective as of February 23, 2024.
EmPower+ pricing was reviewed and updated to reflect changes to several variables including national inflation and consumer price index (CPI) data, and market price research. The updated list can be found in Section 5.5 of the Program Manual on the Contractor Support site.
EmPower+ Program fuel rates for 2024 have been updated and posted on the Contractor Support website in Section 5.12 of the Program Manual. The fuel rates and EmPower pricing have been updated in the NY Home Energy Portal (NYHEP) currently and will be effective for any new project entered in NYHEP beginning February 23, 2024. NYSERDA finance has also updated their Proforma tool to reflect the updated fuel pricing.
For Program fuel rates, natural gas and electricity rates are based on the Joint Utilities 2021-2023 SC1 3-year average. Delivered fuels are based upon the NYSERDA New York Home Pricing Monitoring Program 2022-2023 averages. For cost-effectiveness calculations, NYSERDA uses volumetric charges including supply (commodity), transmission and distribution, and other charges applied based on the supply volume.
If there are any questions, please reach out to Contractor Support at 1-800-284-9069.