NATIONAL GRID INCENTIVES
Upstate New York EV Charging Program
Install EV charging at little or no cost.Get ready – electric vehicle adoption is on the rise in New York State. Make sure you can welcome their owners by installing EV charging. National Grid can help with significant installation incentives. Adding EV charging is a great way to attract and retain new customers, tenants, and employees to your destination, while helping New York reduce its greenhouse gas emissions.
- Install EV charging at little or no cost – We’ll fund up to 100% of the electric infrastructure for approved projects.
- Be an environmental leader – Help improve New York’s air quality by reducing tailpipe emissions.
- Attract new customers, tenants, and employees – Meet customer and employee needs while promoting clean energy use. More Information
- Sponsored by the New York State Department of Economic Development
- Incentive program commencing with tax years beginning in 2011
- For non-residential customers who add additional load
- Existing customers must increase demand by the lesser of twenty-five (25) percent or 100 kW
- New customers adding new, permanent load will have a zero baseline
- Must be qualified for discounted rates by the NYS Department of Economic Development
- Qualified customers are eligible for discounted rates for up to a ten-year term
- EJP Load will be subject to all surcharges and adjustments
- EJP customers will not be subject to Rule 57- Revenue Decoupling Mechanism on the EJP portion of their load
Commercial EV Charging Programs
Partner with National Grid to install electric vehicle (EV) charging at little or no cost. Our programs offer incentives and opportunities to install EV charging stations, save on electricity costs for DC fast-charging stations, and convert fleet vehicles to EVs. Be an environmental leader.More Information
EV Fleet HUB
Don’t follow—be an environmental leader. Partner with us to install new electric vehicle Level 2 or Direct Current Fast Charging (“DCFC”) stations.More Information
Energy Saving Program
From easy-to-swap lighting and controls to fully integrated energy plans, our solutions can not only lower utility bills, but can help you achieve better results with everything from increased productivity to higher employee recruitment and retention rates.More Information
National Grid Excelsior Jobs Program (“EJP”) - Electric
Qualifying EJP Load | Delivery Rates - Per kWh | Delivery Rates - Per kW |
---|---|---|
SC2 | $0.02768 | |
SC2D | $7.04 | |
SC3 - Secondary | $5.17 | |
SC-3 Primary | $4.75 | |
SC-3 Sub Transmission | $3.22 | |
SC-3 Transmission | $3.22 | |
SC-3A Secondary | $4.69 | |
SC-3A Primary | $4.69 | |
SC-3A Sub Transmission | $4.10 | |
SC-3A Transmission | $3.05 |
*SC7 customers will be subject to the rates of their Parent Service Classification above.
** All EJP Customers pay full standard tariff charges on their non-EJP load.
The EJP replaces the Empire Zone ("EZR") Program which is closed to new subscribers. Customers who qualify for the EJP by the NYS Department of Economic Development will receive discounted rates on their additional load, based on the current EZR rates, which are equal to the Company's incremental cost of providing service.
The filing may be found on the NYSPSC Electric Rates and Pricing web page at: http://us1infonet/sites/rates_energysupply_ne/Pages/Recent_Filings_NewYork.aspx
National Grid Excelsior Jobs Program (“EJP”) – Natural Gas
Sponsored by the New York State Department of Economic Development
Commencing with tax years beginning in 2011
Eligible customers are those whose end use is non-residential in nature; and
Who qualify for service under and in accordance with the provisions of customers served under Service Classification Nos. 2, 3, 5, 7, or 8; and,
Are certified by NYS Department of Economic Development as being eligible to receive the benefits; and,
Who permanently increases their annual base load gas consumption by twenty-five percent (25%) or more
Determined by a monthly base usage pattern at the premises, based upon the historical consumption for the twelve month period immediately preceding the customer's receipt of its initial EJP certificate
Delivery rates below shall apply to any gas consumption above the stated monthly base load:
Qualifying EJP Load | Delivery Rates |
---|---|
Service Classification No. 2 Commercial | $0.10584 per therm |
Service Classification No. 2 Industrial | $0.10584 per therm |
Service Classification No. 5 | $0.04405 per therm |
Service Classification No. 7 | $0.07199 per therm |
Service Classification No. 8 | $0.04338 per therm |
Where actual gas usage increases over such base by twenty-five percent in each month, then applicant will be eligible for the benefits of this Rider for that month. All monthly gas consumption not meeting the discount qualifications of this Rider shall be billed at the applicable Service Classification rates and charges.
SC-12
Service Classification No. 12 (SC-12) is an individually negotiated contract rate that may provide discounted electric delivery service to large commercial and industrial customers who can demonstrate and document a serious competitive challenge (e.g. closure or relocation of a facility) or opportunity (business attraction or expansion). Detailed program eligibility and documentation requirements can be found beginning on Leaf 450 of the Niagara Mohawk Power Corporation Tariff (P.S.C. No. 220 Electricity). National Grid is required to file a quarterly summary of SC-12 program activity with the NY Public Service Commission, subject to full confidentiality protection as a trade secret. Those filings can be found below:
National Grid Flex Rate Report 1st Q 2024National Grid Flex Rate Report 4th Q 2023
National Grid Flex Rate Report 3rd Q 2023
National Grid Flex Rate Report 2nd Q 2023
National Grid Flex Rate Report 1st Q 2023
National Grid Flex Rate Report 4th Q 2022
National Grid Flex Rate Report 3rd Q 2022
National Grid Flex Rate Report 2nd Q 2022
National Grid Flex Rate Report 1st Q 2022
National Grid Flex Rate Report 4th Q 2021
National Grid Flex Rate Report 3rd Q 2021
National Grid Flex Rate Report 2nd Q 2021
National Grid Flex Rate Report 1st Q 2021
National Grid Flex Rate Report 4th Q 2020
National Grid Flex Rate Report 3rd Q 2020
National Grid Flex Rate Report 2nd Q 2020
National Grid Flex Rate Report 1st Q 2020
National Grid Flex Rate Report 4th Q 2019
New York State Incentives
START-UP NY
SSTART-UP NY helps new and expanding businesses through tax-based incentives and innovative academic partnerships. START-UP NY offers new and expanding businesses the opportunity to operate tax-free for 10 years on or near eligible university or college campuses in New York State. Partnering with these schools gives businesses direct access to advanced research laboratories, development resources and experts in key industries.
- No income tax.
- No business or corporate state or local taxes.
- No sales tax.
- No property tax.
- No franchise fees
- For more information, click here
Other Business Programs
Empire State Development provides a variety of assistance aimed at helping businesses; whether you are an international company looking to make a move or a small business owner wanting to access capital – ESD is here to help.We offer loans, grants and tax credits, as well as other financing and technical assistance, to support businesses and encourage their growth within New York State.Through the New York State Consolidated Funding Application (CFA), a single application for multiple sources of state funding, New York State is soliciting grant applications for funding to advance the priorities of the Regional Economic Development Councils (REDC).The following programs are available through the CFA:
- Empire State Development Grant Funds
- Excelsior Jobs Tax Credits
- Market New York
- Business Incubator and Innovation Hot Spot
- Economic Development Purposes Fund
- Strategic Planning and Feasibility Studies
- Environmental Investment Program
- Industrial Development Bond Cap
Please refer to www.governor.ny.gov for announcements and updates on future funding opportunities through the CFA
Contact/Additional Program Information
For more information, eligible applicants should visit http://regionalcouncils.ny.gov/, which includes contact information for the appropriate ESD Regional Office covering the project area.
State Small Business Credit Initiative
More than $500 million in federal funding is now available to support the resurgence of small businesses across New York State through the State Small Business Credit Initiative (SSBCI), a program through the American Rescue Plan Act. Managed by the U.S. Department of Treasury, SSBCI provides funds to support programs for small businesses, including socially and economically disadvantaged individual (SEDI) owned businesses and very small businesses (VSB), to recover from the economic effects of COVID-19 and allow them opportunity to succeed in the post-pandemic economy. With this funding, Empire State Development (ESD) has developed a suite of capital access and equity programs to help New York State small businesses recover from the economic effects of COVID-19 and allow them the opportunity to succeed.Grant, Loan and Tax Credit Programs:
Build Now-NY/Shovel Ready Program
Commercial District Revolving Loan Trust Fund
Community Development Financial Institution Assistance Program (CDFI)
Disaster Recovery
Economic Development Purposes Grants
Entrepreneurial Assistance Program (EAP)
Excelsior Jobs Program
Environmental Investment Program
Global Market Export Services (GEMS)
Healthy Food & Healthy Communities Fund
Industrial Effectiveness Program (IEP)
Job Development Authority (JDA) Direct Loan Program
Jobs Retention Program (ESJRP)
Manufacturing Assistance Program (MAP)
Metropolitan Economic Revitalization Fund (MERF)
Micro Lending Program
Minority and Women-owned Business Lending (MWBDL) Program
Minority and Women Revolving Loan Trust Fund Program
Regional Council Capital Fund
Regional Revolving Loan Trust Fund (RRLTF)
Small Business Revolving Loan Fund
Transportation Capital Assistance Program
Urban and Community Development Program (UCDP)
Tax Credits:
Brownfield Cleanup Program
New Markets Tax Credits
New York State Film Tax Credit Program
New York State Commercial Tax Credit
Other Tax Credits & Incentives
Taxes & Incentives
New York State now has one of the lowest corporate income tax rates in the Northeast. In addition to lower corporate taxes, New York offers a variety of incentives to companies expanding or relocating in the Empire State. These include:Cash Incentives. New York State offers low-cost loans and grants to companies that invest significant capital in the State and commit to the creation and retention of private sector jobs. Terms can be customized to each project; other criteria apply.
Emerging Technologies. New York State has enacted tax incentives for: investors in Qualified Emerging Technology Companies (QETCs); job creation by QETCs; and R&D investment, R&D expenses and qualified high technology training costs incurred by QETCs.
Investment Tax Credit (ITC). Businesses that create new jobs and make new investments in production property and equipment may qualify for tax credits of up to 10% of their eligible investment. New businesses may elect to receive a refund of certain credits and all unused credits can be carried forward for 15 years.
Lower Corporate Tax. 6.5% rate for Qualified New York State Manufacturers.
No Personal Property Tax. Unlike many other states, which tax both real property and personal property, property taxes in New York Stateare imposed on real property only. Personal property, whether tangible or intangible, is exempt from state and local taxes.
Real Property Tax Abatement. To encourage development, expansion and improvement of commercial property, a 10-year property tax abatement is available to offset increased assessments due to improvements to business and commercial property.
Research and Development (R&D) Tax Credit. Investments in R&D facilities are eligible for a 9% corporate tax credit. Additional credits are available to encourage the creation and expansion of emerging technology businesses, including a three-year job creation credit of $1,000 per employee and a capital credit for investments in emerging technologies.
Sales Tax Exemptions. New York State offers exemptions for purchases of production machinery and equipment, research and development property, and fuels utilities used in manufacturing and R&D. Other exemptions may be available through local Industrial Development Agencies (IDAs). Visit your local regional office page for a list of IDA contacts in your area.
Single Sales Factor Apportionment. Formula for Taxable Income.
Contact Information
Contact your ESD Regional Office or call the Main Program Administrator at (518) 292-5300.
Additional Resources
New York State Department of Tax & Finance
Other Financing and Technical Assistance:
Business Mentor NY
New York State Surety Bond Assistance Program (NYSSBAP)
The Capital Access Program
Export Marketing Assistance Service (EMAS)
Governor's Office for Motion Picture & Television Development
The Innovate NY Fund
Linked Deposit Program (LDP)
New York Beverage Business (Beer, Spirits & Wine)
New York Empowerment Zone (NYEZ)
New York State Land Bank Program
Procurement Assistance Program
STEP Program
World Trade Center Rent Reduction Program (WTC RR)
For more information go to the New York State Tax Guide for New Businesses