Multifamily New Construction Program
Puget Sound Energy’s Multifamily New Construction Program can help offset costs when planning a new multifamily property. Improve your investment by applying for incentives on higher performance equipment. Your commitment to energy efficiency will pay off, attracting tenants looking for a more sustainable, healthy living environment.
Here’s how the program works:
1. Early Engagement
2. Apply for Incentives
3. Grant Approval Issued
4. Measures Installed
5. Measures Inspected
6. Payment Processed
Early Design Assistance
Get a jump on your energy efficiency at the start of your project. As a new service, PSE offers early design assistance services for new multifamily projects at no cost. Via an interactive workshop led by our energy experts, learn efficiency best practices and develop an action plan that will reduce your costs.
Already started with your construction project? With our packaged multifamily incentives, you can earn points for each piece of energy efficient equipment across the following 5 categories to help reduce your capital investment.
- Lighting (up to 3.75 points)
- HVAC and HVAC controls (up to 11 points)
- Envelope (up to 3 points)
- Domestic Hot Water (up to 6 points)
- Appliances (up to 3 points)
Detailed list of measures
Determining Your Incentives
The more measures you include in your project, the more points you earn and the higher incentives you receive. Choosing higher efficiency measures will result in more points earned.
Using the Incentive Points Structure Table below, a project servicing 100,000 sq. ft. of conditioned space, earning 7.5 incentive points would receive a $20,000 incentive.
How? Here’s a sample calculation:
A 100,000 sq. ft. project worth 7.5 incentive points would fall into the “better” efficiency tier and would be eligible for 5 points after deducting the 2.5 code compliance points required. To find the incentive, multiply the five incentive points x $0.040 (middle column) to get $0.20/SF. Finally, multiply the $0.20 x 100,000 sq. ft. to obtain the $20,000 incentive.
Compliance points required $/Eligible incentive
point - sq ft
Incentive points required Good 2.5 $0.035 1.00 - 4.75 Better 2.5 $0.040 5.00 - 8.75 Best 2.5 $0.045 9.00 - 14.75 Very best 2.5 $0.050 15.00+
Parking Garage and Exterior Building Lighting
Power Density Reduction
Lighting power density reduction Parking Garage and Exterior Building $0.15 per annual kWh savings. Lighting must be 20% more efficient than the current WSEC. Up to 100 percent of the cost to build beyond current energy code or standard practice Interior LLLC fixtures
and their installation
$75 bonus per fixture in addition to the $.15 per kilowatt-hour (kWh) of projected fixture annual energy savings.
Find out how Continental Properties worked with PSE and learn how choosing energy efficiency measures can impact your savings and your tenants comfort and satisfaction.
How to Qualify
To be eligible for PSE's multifamily new construction incentives:
- You must currently be or plan to become a PSE business electric and/or natural gas customer.
- Your new property must be a multifamily or mixed-use dwelling with at least three attached units.
- Your new property must be within PSE's electric and/or natural gas service area(s).
- You must be pre-approved by PSE prior to installing any energy efficiency improvement measure(s).
- Project must be in the early design phase.
Electric and natural gas incentives
- You must meet the equipment and/or site requirements above for each respective energy efficiency improvement measure.
You must provide the following to PSE for each proposed custom energy efficiency improvement measure:
- Documentation that defines scope and specific action(s)
- A baseline electricity and/or natural gas energy usage measurement
- Installation cost(s)
All other Commercial New Construction:
To be connected with an Energy Management Engineer near you, call an Energy Advisor at 1-800-562-1482, Monday through Friday from 8 a.m. to 5 p.m.
If you're interested in receiving a free PSE construction banner for your project, send an email to firstname.lastname@example.org.
New utility service
To bring new PSE electric and/or natural gas service to your site, call PSE Customer Construction Services at 1-888-321-7779.
Have questions about PSE's green options, including energy efficiency tips and rebates, contractor referrals, electric cars and renewable energy options? We're here to help.
Call us at 1-800-562-1482, Monday through Friday 8 a.m. to 5 p.m. or contact us below.
Request a PSE Recommended Energy Professional (REP) to complete your energy efficient improvement upgrade.