NYSERDA Helps Reduce Energy Costs by $5.5 million

Municipalities, K-12 school districts, hospitals, businesses and colleges throughout New York City continue to make energy-saving investments that are reducing energy costs by more than $5.5 million annually.

The information came from the New York State Energy Research and Development Authority (NYSERDA) yesterday, revealing the energy savings in New York City—35.3 million kilowatt hours—is equivalent to the amount of electricity consumed by 5,100 single-family homes and will be realised by these entities every year for years to come. Payback on the measures is approximately three to five years.

Companies and institutions that made performance-based upgrades not only save energy but also improve productivity and lower equipment maintenance and operating costs.

NYSERDA’s commercial and industrial programmes provided more than $6.9 million in incentives to 274 New York City businesses and institutions during the first six months of 2011. These incentives helped fund the purchase and installation of high performance lighting and controls, HVAC, high efficiency chillers and boilers, building management systems and various other energy efficiency measures.

New York City incentive recipients included:

• Fordham University had the new Rose Hill Dormitories designed to perform approximately 30 percent better than New York State Energy Code requirements. Each building is approximately 83,500 square feet with multiple stories. Together, these buildings will save 847,853 kWh per year and reduce summer peak load by 530kW, thereby reducing utility bills by more than $74,000 per year.

• National Audubon Society in Manhattan installed energy-efficient lighting, occupancy controls and daylighting technology, and incorporated sustainable building materials into its new building. The project will help reduce energy costs by approximately $6,300 annually and decrease electricity consumption by 39,000 kilowatt hours.

• Key Foods in Flushing, Queens, installed performance-based lighting and controls in its grocery store. The project will help reduce energy costs by $45,000 annually and decrease electricity consumption by nearly 262,000 kilowatt hours.

• Polytex Environmental Inks, Ltd. in the Bronx installed high-efficiency lighting fixtures. The project will help reduce energy costs by $41,000 annually and decrease electricity consumption by 209,000 kilowatt hours.

“Under the leadership of Governor Andrew Cuomo, NYSERDA is working in partnership with public and private institutions and companies throughout New York City to invest in proven technologies and strategies that are reducing energy costs, improving environmental quality and supporting economic growth and job creation,” said Francis J. Murray Jr., President and CEO of NYSERDA. “I commend these leaders for their commitment to more environmentally sustainable practices and encourage other institutions and businesses to apply for the incentives in 2011 for energy efficiency improvements for new and existing building projects.”

NYSERDA is a one-stop shop for credible, accessible information on energy efficiency and, through successful public-private partnerships across New York State, it plays an important economic development role, as it helps all energy consumers improve their bottom lines by reducing operating costs.

Picture of Skyline - New York City, New York at night by Trodel

Thursday 4th August 2011

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