Incentive to Reduce the Cost of Geothermal Conductivity Test for Commercial Customers of Con Edison
ARMONK, N.Y.--(BUSINESS WIRE)--Brightcore Energy, LLC, a leading provider of end-to-end renewable energy solutions to commercial and institutional markets, is pleased to announce that an incentive program that the company petitioned for and subsequently supported Con Edison in creating has been approved. The Thermal Conductivity Testing (“TCT”) Incentive program becomes a part of Con Edison’s Clean Heat Program and will offset the eligible costs of Geothermal Conductivity Tests by 50%, up to a maximum incentive of $40,000.
Brightcore executives saw the opportunity to approach Con Edison with the idea for the test well incentive program to help reduce the pre-development costs for potential clients considering a geothermal heating and cooling system. Geothermal Heating and Cooling systems have the potential to greatly reduce the energy and resulting greenhouse gas emissions required to heat and cool buildings. In New York City alone, nearly 70% of GHG emissions are the result of heating and cooling the built environment.
Brightcore Energy is a leading provider of end-to-end clean energy solutions to the commercial and institutional market. Solutions include high-efficiency heating and cooling systems (geothermal) for both new construction and existing building retrofits, commercial-grade solar, LED lighting and controls, energy storage, electric vehicle (EV) charging stations, smart building solutions and other emerging technologies. Brightcore’s turnkey, end-to-end solutions encompasses preliminary modeling & feasibility, design & engineering, financing & incentive management, construction & implementation, and system performance monitoring.
For more information on Brightcore Energy, visit www.BrightcoreEnergy.com.