• Applicants may qualify for maximum award ranging from $5000 to $100,000 based on construction investment. 
  
• Awardees identified in a Disadvantaged Community (DAC) as per NYSERDA are eligible for a 25% bonus. 
• For location verification, check the project location at: https://www.nyserda.ny.gov/ny/disadvantaged-communities or contact Economic Development at PSEG-LI-economicdevelopment@psegliny.com
• Not-for-profit (501(c)(3) or 501(c)(6) businesses may qualify for an additional bonus of 10%.  NOTE:  DAC and NFP bonuses may not be combined.  We would allocate the higher of the two.
• Program application approval is not guaranteed. PSEG Long Island retains the sole right to select awardees and determine award amounts based on potential economic growth, community impact, project team experience, local support, use of energy efficiency technologies, and financial need.
• The sum of all grants cannot exceed the total cost of the project, including grant awarded from PSEG Long Island.
• Awards are valid for 24 months from date of approval. Projects extending past that time will be required to re-apply.
• Any award provided may only be used by the recipient for the stated and approved use. PSEG Long Island reserves the right to withhold the award if the substance of the project changes or the requirements of the program are not met.
• Award will be paid by PSEG Long Island upon completion of renovation, and applicant is open for business. 
• Paid invoices and contractor sign-off as “paid in full” must be submitted before being reimbursed.
• Award recipients will be responsible for accurately and appropriately accounting for any awards and resulting tax implications. Applicants should consult with an accountant prior to submitting their application.
• In the event that the award recipient utilizes a contractor or other agent to accomplish the project goals, PSEG Long Island makes no warranty, guarantee, or representation, express or implied, with regard to materials or workmanship provided by these agents or contractors, nor the costs charged by the agent or contractor.
• PSEG Long Island makes no warranty, guarantee, or representation, express or implied, with regard to any economic benefits, energy savings, or cost savings that may result from use of this Program’s funds. 
• Award recipient understands and agrees that PSEG Long Island is not liable for any financial losses related to the applicant’s participation in the Program, or if the expected benefits of the project are not achieved. 
  
   

The following guidelines will be used to administer and manage the program:

• The following guidelines will be used to administer and manage the program:
• Applicant must be the business owner who will be the final electric account holder. 
• Building landlord and new development buildings do not qualify. 
• Business may only apply once per site.
• Qualified work includes substantial construction projects.  Cosmetic work is not eligible. 
• Detailed itemized cost breakdown must be included with application including all material and labor costs.
• Applicants must provide documentation of all sources of project funding including personal/business account statements, loans documents and any other grants.
• Applicants need to apply for program prior to or at start of construction. 
• PSEG Long Island will conduct pre-inspection and post-inspection of site associated with project, as well as request project status updates periodically.
• Applicant must be located in a business district within PSEG Long Island service territory. 
• Applicant must be maintaining all existing electric accounts in good standing with no arrears.
• Applicant must secure required building permits and complete the project in accordance with all applicable building codes, zoning ordinances, and standard construction practices. Contractors must be properly registered, licensed, and insured.
• Applicant agrees to provide economic information to PSEG Long Island or its approved agent in order to verify the economic benefit of the award for a period of two (2) years after issuance of the final award payment.
• Applicant agrees to participate in PSEG Long Island marketing and promotional activities related to any award provided for a period of up to two (2) years after issuance of final award payment.
• PSEG Long Island to be included in ribbon-cutting/grand opening events and photos. 
• Business and/or affiliated local Chamber of Commerce to tag @PSEGLI and utilize #PSEGLI and #BusinessFirst in social media in reference to assistance provided.
• This program may be suspended without notice at any time.