Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Energy Incentives topic
No spam. Unsubscribe anytime.
Mayor signs MOU with National Grid; committee told incentives could total about $3 million
Summary
Neil told the committee the mayor signed a memorandum of understanding with National Grid under the Mass Save pathway; incentives are tied to building energy‑use intensity and heat‑pump tonnage and are capped near $3,000,000, with some payments pending design completion and post‑occupancy performance verification.
The building committee received an energy‑incentives update on March 19: the mayor signed a memorandum of understanding with National Grid to pursue incentives under a Mass Save‑style program that could yield roughly $3 million for the project, depending on final design and performance.
Neil (committee participant) said the incentives are calculated in two ways: on the building’s energy‑use intensity (EUI), with a payout after design and energy modeling, and on the tonnage of installed heat pumps (prescriptive payments per ton for ground‑source and air‑source units). He said the program also includes a post‑occupancy incentive paid about a year after opening if the building performs as modeled.
Neil added that available rebates are smaller now than in prior years because of changes in utility incentive structures, but that the project "is in very good state" to receive what is available. He said final offer letters and exact incentive amounts will be known once design is complete.
