New York puts up $36 million for energy-efficient buildings

The Associated Press

 

ALBANY, N.Y. (AP) — The state is putting up $36 million to increase the energy efficiency of commercial buildings such as office towers, universities, hospitals and retail stores.

The New York State Energy Research and Development Authority says the money is for two new initiatives estimated to cut the energy bills of participating buildings by more than $200 million over eight years.

The programs are also expected to save enough energy to power and heat 64,000 homes, and reduce greenhouse gas emissions by the equivalent of taking 51,000 cars off the road.

The energy agency says commercial buildings account for 31 percent of all energy use in the state.

The building efficiency programs are funded through the State's Clean Energy Fund, a 10-year, $5.3 billion program to support clean energy development.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs