SOCOTEC helps organizations unlock the financial incentives that make energy efficiency and renewable energy projects more affordable. From tax credits and rebates to financing programs, our experts guide you through every step, ensuring sustainable results with minimal upfront costs.

Financial Incentives for New and Existing Buildings

Financial Incentives are a driving force behind energy efficiency projects. They don’t just reduce environmental impact, but they also create real financial benefits. In today’s economic environment, there are various financial mechanisms that allow for favorable adoption of energy efficiency measures in both new buildings and retrofits

Federal, state, and local tax credits, rebates, and financing programs are designed to encourage businesses and building owners to invest in smarter, greener solutions. With the right strategy, many of these upgrades can be completed with little to no upfront cost.

Our Financial Incentive Services 

SOCOTEC provides expert guidance to help you navigate and maximize available programs:

  • Comprehensive analysis of eligible financial incentives, including tax credits, rebates, and financing programs
  • Tailored recommendations and documentation to support applications and compliance
  • Collaboration with your financial and tax advisors to streamline the process and optimize benefits

By combining technical expertise with financial insight, we ensure your projects achieve lasting results while staying on budget.

background dark blue

Talk to our experts

Adrian Tuluca Senior Principal SOCOTEC Company

Adrian TULUCA

Senior Principal

Senior Principal

adrian.tuluca@socotec.us +1 203 299 1411
John Amatruda Principal SOCOTEC Company

John AMATRUDA

Senior Principal

Senior Principal

john.amatruda@socotec.us +1 203 299 1411
Andrew Graceffa Director, Energy Services Vidaris a SOCOTEC Company

Andrew GRACEFFA

Principal

Principal

andrew.graceffa@socotec.us +1 212 689 5389

Types of Financial Incentives

SOCOTEC has a long-standing relationship with NYSERDA.  In addition to helping shape past, present and future NYSERDA programs, we also work on custom research projects.  We are Approved Providers for the New Construction Program, the Multi-Family Performance Program, the FlexTech Program, the Existing Buildings Program, and others

SOCOTEC is a certified Technical Assistance Provider for all PSEGLI Energy Efficiency Incentive Programs

SOCOTEC is a Market Partner for the Con Edison Commercial and Industrial Energy Efficiency Incentive Program and sits on the Market Partner Advisory Board

SOCOTEC is able to access all available incentives for existing building and new construction projects in Northeast Utilities territory

SOCOTEC works closely with National Grid and NSTAR through the MASSAVES program to optimize incentives for New Construction and Existing Building projects in Massachusetts

Pay for Performance Program: SOCOTEC is a partner in the New Jersey Pay for Performance (P4P) program

SOCOTEC has worked on obtaining tax credits for clients for renewables, cogeneration, fuel cells, geothermal heat pumps and others

SOCOTEC has helped obtain a tax deduction for millions of square feet of energy efficient commercial buildings, as outlined in the Energy Policy Act of 2005

SOCOTEC assists their clients with reviewing requirements for and compliance with various state renewable energy incentives and renewable energy credit market opportunities

Financial Incentives for corporate and commercial infrastructure leveraging green energy saving programs

Want to know more about our Financial Incentive services?

background dark blue

Talk to our experts

Adrian Tuluca Senior Principal SOCOTEC Company

Adrian TULUCA

Senior Principal

Senior Principal

adrian.tuluca@socotec.us +1 203 299 1411
John Amatruda Principal SOCOTEC Company

John AMATRUDA

Senior Principal

Senior Principal

john.amatruda@socotec.us +1 203 299 1411
Andrew Graceffa Director, Energy Services Vidaris a SOCOTEC Company

Andrew GRACEFFA

Principal

Principal

andrew.graceffa@socotec.us +1 212 689 5389