In an era where sustainability is at the forefront of corporate responsibility, the 179D tax deduction emerges as a beacon, encouraging innovation and excellence in energy efficiency within commercial buildings. Enacted through the Energy Policy Act of 2005, this incentive is a catalyst for change, motivating property owners, designers, and contractors to embrace environmentally [...]

STRATCO Thought Leadership Series Empowering Sustainable Living, The Climate Friendly Homes Fund Initiative In a transformative move toward a greener future, The Community Preservation Corporation (CPC) has launched the Climate Friendly Homes Fund (CFHF), allocating an impressive $250 million for electrification retrofits in 5-50-unit buildings throughout New York State. This initiative, in partnership with [...]

STRATCO's Analysis of The Recent PSEG Incentive Changes In light of PSEG's recent announcement regarding incentives for 2024, we will explore the details of these changes that will affect rebates. While there may be a reduction in incentive amounts across various categories, it signifies Long Island's commitment to achieving its climate goals. The main [...]

STRATCO's Thought Leadership Series Pioneering Climate Justice Initiatives: A Closer Look at New York's Progressive Approach Building a competitive advantage in today’s market requires intimate knowledge of legislation, this article outlines how nearly 1/3 of all incentives are aimed at certain communities. In the ever-evolving landscape of climate action, New York stands out as [...]

In the relentless pursuit of a sustainable future, the Climate Act in New York State is paving the way for transformative change. This monumental legislation sets forth ambitious goals and strategies to combat climate change, with a particular focus on building decarbonization. Here, we delve into the key highlights from PSEG Long Island's Utility 2.0 [...]