Puget Sound Energy - Multi-Family Efficiency New Construction Grant Program
PSE offers grants for new multifamily buildings (5+ attached units) based on energy savings, paying $0.45/kWh or $8/therm for standard projects, with 50% higher rates for affordable housing that meets state low-income requirements. Contact PSE early in your design phase through their application or Willdan's team at 206-216-3405 to get pre-approved and receive a customized analysis of your building's energy-saving potential.
Your multifamily projects in PSE's service territory qualify for performance-based grants if the building has at least 5 attached units and you engage PSE before construction begins; the program covers prescriptive equipment and custom measures, with incentives tied to verified energy savings and 50% bonus incentives available for affordable housing projects meeting state low-income thresholds. Pre-approval from PSE is required before installing any efficiency measures, and projects move through enrollment, preliminary analysis, design bundle selection, construction verification, and final incentive issuance.
This whole-building performance program pays incentives at $0.45/kWh ($8/therm) for standard projects and $0.68/kWh ($12/therm) for affordable housing, with the bonus multiplier applying to all efficiency measures including lighting. PSE targets multifamily new construction in its electric and gas service areas, requires pre-approval and early design-phase engagement, and verifies final construction compliance; eligible affordable housing projects must meet Washington State Housing Finance Commission low-income requirements (at least 40% of units at ≤60% AMI, at least 20% at ≤50% AMI, with income averaging allowed).
Program details
- Program ID
- 5451
- Last updated
- 4/2/2025
Eligibility
- Sectors
- construction multifamily residential
- Technologies
- lighting comprehensive measures/whole building custom/others pending approval
Program summary
Puget Sound Energy (PSE) offers incentives for multifamily new construction projects. In order to participate, buildings must be be five or more attached units and located in the PSE electric or natural gas service territory. Prescriptive grants are available for certain pre-approved equipment. Custom grants are also available, and interested customers should contact PSE for more information.
Contact & resources
- Contact email
- multifamilyretrofit@pse.com
- Additional resources
Please verify current program details with the administering agency before making any financial decisions.