April 07, 2011
Capital Region Businesses Reduce Energy Costs by $4.5 Million Annually with Support from NYSERDA Incentives
219 Businesses Received NYSERDA Incentives in 2010
The New York State Energy Research and Development Authority (NYSERDA) announced today that 219 Capital Region businesses are reducing energy costs by nearly $4.5 million annually as a result of the energy efficiency upgrades and sustainable building projects supported by NYSERDA during 2010.
The energy savings—more than 48 million kilowatt hours—is equivalent to the amount of electricity consumed by nearly 7,000 single-family homes annually and will be realized by these companies every year for years to come.
“NYSERDA commends these leaders in the Capital Region business community for their commitment to more environmentally sustainable business practices,” said Francis J. Murray Jr., President and CEO of NYSERDA. “And we encourage other companies to apply for the incentives available in 2011 for energy efficiency improvements for existing buildings and new building projects.”
Statewide, NYSERDA commercial and industrial incentives supported more than 2,800 projects during 2010, helping companies reduce operating costs by $40 million. NYSERDA is the one-stop shop for credible, accessible information on energy efficiency and, through partnerships like these with businesses across New York State, it plays an important economic development role, as it helps companies improve their bottom lines by reducing operating costs.
NYSERDA provided $6.5 million in incentives to businesses to make energy efficiency projects more affordable, enhance competitiveness and cut costs for businesses. These incentives are available to every sector of the economy, including retail, manufacturing, hospitality, health care, agricultural, commercial and others.
Payback on the measures is approximately three to five years. Businesses that made performance-based upgrades are saving an average of $123,000 annually. Performance-based projects not only save energy but also improve productivity and lower equipment maintenance and operating costs.
Examples of Capital Region businesses that have benefited from participating in NYSERDA programs in 2010 include:
Adirondack Beverage Corp. in Scotia replaced old, inefficient lighting with newer high performance fixtures and replaced incandescent exit signs with LED fixtures. The project reduced annual energy costs by $116,000 and decreased electricity consumption by more than 1.1 million kilowatt hours.
Freihofer’s Cake Plant, a division of Bimbo Bakeries USA, in Albany replaced old, inefficient lighting with newer high performance fixtures and installed occupancy sensors in applicable areas. The project will reduce annual energy costs by nearly $47,000 and decrease electricity consumption by more than 1.8 million kilowatt hours.
Garelick Farms in Rensselaer upgraded existing lighting with more energy-efficient fixtures. The project will help reduce annual energy costs by nearly $42,000 and decrease electricity consumption by nearly 350,000 kilowatt hours.
Stewart’s Shops in Saratoga Springs replaced old, inefficient lighting with newer high performance fixtures and installed occupancy sensors in its 300,000 square-foot warehouse. The project will help reduce annual energy costs by $77,000 and decrease electricity consumption by more than 740,000 kilowatt hours. Stewart’s is achieving additional energy savings by retrofitting freezer cases with “zero energy” cooler doors and LED lighting at stores in Saratoga Springs, Ballston Spa, Gansevoort, Voorheesville and Wynantskill.
In existing facilities, NYSERDA incentives can be used for lighting retrofits, upgrades to motor systems, energy management systems, heating and cooling systems, and other operations, as well as combined heat and power systems. Assistance also is available for energy audits to identify cost-effective opportunities to increase energy efficiency, develop greenhouse gas emission inventories and more.
For new construction, NYSERDA offers technical support to building design teams and financial incentives to building owners for using green building practices.
Since 2000, NYSERDA has supported approximately 1,400 commercial and industrial energy efficiency projects in the Capital Region. These projects are realizing an estimated $21 million in energy cost savings annually and have reduced their electricity consumption by 190 million kilowatt hours—the equivalent to the annual amount of electricity consumed by more than 27,500 single-family homes. NYSERDA provided $24 million in funding for the projects.
The figures cited above include commercial and industrial companies that received NYSERDA incentives during 2010 in Albany, Columbia, Rensselaer, Saratoga, Schenectady and Washington counties.
For more information, visit NYSERDA.ny.gov.
NYSERDA, a public benefit corporation, offers objective information and analysis, innovative programs, technical expertise and funding to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce their reliance on fossil fuels. NYSERDA professionals work to protect our environment and create clean-energy jobs. NYSERDA has been developing partnerships to advance innovative energy solutions in New York since 1975.
Last Updated: 05/14/2013