New York businesses
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The utility has partnered with the New York State Research and Development Authority (NYSERDA) to implement a pay-for-performance pilot initiative for New York businesses.

The pilot 'Business Energy Pro' includes using consumers smart data to measure their energy efficiency savings in Staten Island and Westchester County.

The small and medium-sized businesses will then be rewarded according to how much they would have saved. A total of $10 million has been set aside for the pilot.

Some 60,000 New York businesses are being targetted.

NYSERDA and Con Edison will work with energy efficiency service providers to offer energy-savings packages to participating New York businesses.

The packages will include lighting, heating, cooling, refrigeration and building control systems.

The pilot is expected to help the energy efficiency service providers to increase their customer-bases as it will minimise transaction and administrative costs.

In addition, the pilot will help accelerate consumer adoption of innovative solutions and services.

Janet Joseph, senior vice president of strategy and market development at NYSERDA said,The partnership announced today between NYSERDA and Con Edison represents another step forward in the state’s comprehensive approach to reduce energy consumption and greenhouse gas emissions in support of New York’s aggressive clean energy goals under Governor Cuomo’s leadership.”

New York has set a target of becoming carbon-neutral by 2040.