Financial Incentives

The Starting Point

The first step in increasing the number of Phius projects through policy is to provide monetary or policy incentives. These typically include providing funds to encourage developers to build to the Phius standard. The incentives can cover the cost of training and/or certification, and the actual cost of construction. State agencies providing incentives include the Massachusetts Clean Energy Center and the New York State Energy Research Development Authority (NYSERDA). Utilities include ComEd in Illinois and National Grid in Rhode Island.

PACE Equity Program Offers Lower Rates for Lower Carbon

CIRRUS Low Carbon from PACE Equity is a financing program that provides a significantly reduced interest rate when a low carbon design specification is met. Phius CORE or Phius ZERO certified buildings are automatically eligible for the lowest available rate from PACE Equity.

Taking Advantage of the Inflation Reduction Act

These resources will help you find rebates and other incentives offered through the Inflation Reduction Act.

Existing Financial Incentives for Phius Projects

  • New England's largest energy provider, Eversource, offers incentives for Phius projects in Connecticut.

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How We Advance Passive Standards Through Policy

Check out the Phius-related policies that are promoting the construction of energy-efficient single-family dwellings, multifamily apartments and commercial buildings.