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NYC Municipalities, K-12 School Districts, Hospitals, Businesses Reduce Energy Costs by $5.5M

274 NYC Institutions Received NYSERDA Incentives during First Half of 2011

August 02, 2011

NEW YORK — 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 New York State Energy Research and Development Authority (NYSERDA) announced today.

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 realized 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 programs 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. 

The New York City figures cited above include facilities in Bronx, Kings, New York, Queens and Richmond counties.

For more information, visit NYSERDA.ny.gov .

About NYSERDA

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: 01/17/2014

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