Up to $1 million is available. Multiple awards of up to $250,000 are expected. All proposals are preferred to be cost-shared at or above 50%. Cost sharing may include cash, labor, materials or other allowable expenses. Multiphase projects may be proposed, but NYSERDA support for additional phases will be subject to a review of the project's continuing competitiveness, success to date, and availability of NYSERDA funds. Proposals for multiphase projects must include statements of work and budget estimates for all project phases.

Eligible technologies include, but are not limited to, space/domestic water heating; air conditioning and refrigeration; food-beverage vending machines; and renewable energy heating and cooling technologies. Eligible project types include new technologies or substantial improvements to existing technologies. Proposals for projects that would demonstrate technologies having the primary function of generating electricity should be submitted to the upcoming NYSERDA PON No.750-02 for Power Systems (PS), Distributed Generation (DG), and Combined Heat and Power (CHP).