Thursday, October 1, 2026
PSEG Long Island is offering 2026 Business First financial incentive programs with grants up to $125,000 and energy efficiency rebates for small businesses, having distributed more than $3.4 million in grants since 2018. Programs include Community Thrive grants up to $10,000, Main Street Revitalization grants of $2,500 to $100,000, Vacant Space Revival credits up to $10,000, and energy efficiency rebates up to $5,000 per apartment for heating and cooling systems. The Transportation Electrification Program provides up to $45,000 per EV charger and up to $200,000 for fleet electrification infrastructure, with personalized support from Business FIRST Advocates.
Since 2018, PSEG Long Island has distributed more than $3.4 million in grants to hundreds of local small businesses through Business First programs designed to foster vitality and growth. The Community Thrive grants provide up to $10,000 to chambers of commerce, business improvement districts and civic associations for community projects that promote dining and shopping, with awards in NYSERDA-designated Disadvantaged Communities (DAC) areas eligible for an extra 25% bonus and nonprofit organizations receiving an additional 10%. The Main Street Revitalization grant offers $2,500 to $100,000 to help encourage investment in local business districts for renovation or expansion projects, while the Vacant Space Revival Program provides qualified new business customers up to $10,000 in electric bill credits for their first 12 months in business.
For energy efficiency projects in 2026, PSEG Long Island is offering free energy assessments and rebates on heat pump water heaters, refrigeration equipment, heating and cooling heat pump devices, ventilation equipment and compressors. Financial incentives include rebates for multi-family dwellings on heating and cooling systems of $4,000 per apartment, or $5,000 for apartments in NYSERDA-deemed DACs. Heating and cooling rebates of up to $1,200 are available for specified ENERGY STAR listed heat pump water heaters, with additional incentives and enhanced rebates available for other approved energy savings and electrification measures through PSEG Long Island's Custom Program.
PSEG Long Island's Transportation Electrification Program offers robust financial incentives for business owners installing EV chargers at their places of business, multi-family buildings and other approved locations. Under the EV Make Ready Program, up to $45,000 is available for each Level 2 and DC Fast Charger plug, and up to $100,000 in infrastructure upgrades to install the chargers. For businesses with vehicle fleets, PSEG Long Island offers a complimentary Fleet Advisory Service and the Fleet Make Ready Program, which provides up to $200,000 in incentives to build the infrastructure required to power electric vehicle fleets. Business customers can connect with PSEG Long Island's unique Business FIRST Advocates (BFA), who offer a personal concierge service providing solutions, information and time-saving account services
