LIPA (Local Electric Company) Offers Incentives To Make a Difference

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Long Island’s Power Authority (LIPA) is offering four types of financial incentives to helpencourage the sale of New York Energy Star Labeled Homes.

These incentives reward builders for building and selling New York Energy Star Labeled Homes. LIPA offers three Energy Star Labeled Home incentives: a Model Home incentive, a Display Home incentive, and a Labeled Home incentive.

The Model Home (Tier 4) Incentive awards up to $12,500 per qualified model home to assist with holding (interest) cost, and marketing, and advertising costs.

The Display Home (i.e. “Display of Homes”, Parade of Homes; Showcase of Homes) Incentive awards up to $12,000 per qualified displayed home to assist with marketing and advertising costs. Read More