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That’s why the New York Power Authority is expanding its efforts toward environmental sustainability. We made significant strides in 2006, building on past achievements, as outlined in this Annual Report. And there is great potential for continued progress. The train is picking up speed.
Sustainability is more than a check list of steps to reduce pollution or conserve resources. It is a philosophy that as individuals and as a society, we must understand the long-term impact of our actions and use that understanding to change the way we act. Our goal is to develop a harmony between the built and natural environments.
The Power Authority firmly believes that as a state-owned electric utility we have a responsibility to lead by example in achieving the environmental, economic and social measures that serve sustainability.
We set a prime example in 2006 when the sustainability improvements at our White Plains office building won a LEED® Gold-EB award from the U.S. Green Building Council, the first of its kind in New York State. We’re proud of that, but it was only the beginning. We’re expanding our “green” efforts to our facilities around New York State. And we’re spreading the word to our customers, who already are seeking our expertise in implementing their own sustainability measures.
Our efforts are consistent with a 2001 Executive Order, continued by Gov. Eliot Spitzer, to encourage energy efficiency and “green” building practices at state agencies.
Promoting sustainability is especially appropriate for an electric utility. Every kilowatt of electricity that is saved is a kilowatt that does not have to be produced, reducing air pollution and the use of fossil fuels, including foreign oil. Saving large amounts of electricity through energy efficiency and finding new and better ways to use renewable fuels can lessen the need to build massive, conventional power plants.
As this Annual Report reflects, the Power Authority for years has been involved in a multitude of energy-saving programs.
Several of NYPA’s other accomplishments during 2006 supported sustainability. For example, we began work under our Power to Schools program, authorized by state law which enables NYPA to assist public and private elementary and secondary schools across the state with energy-efficiency programs and clean energy technologies.
We welcomed the state’s 51 municipal and rural electric cooperative systems to participate in our Statewide Energy Services Program, allowing them to obtain low-interest financing from NYPA for expanded energy-efficiency and energy-conservation programs at their own facilities, and for their business and residential customers.
Our efforts included installing emission-free fuel cells and solar power projects, encouraging development of wind power with purchase agreements, and promoting clean and green transportation alternatives such as hybrid-electric cars and hydrogen fuel vehicles.
All of our work in sustainability and related areas serves not only to preserve natural resources and protect the environment, but also to increase our energy security through less reliance on power generated by fossil fuels. The multi-dimensional effects of sustainability cannot be achieved in a single year, but the New York Power Authority is proud to report that, in 2006, we took healthy steps along the way toward becoming the greenest utility in the nation.
 Frank S. McCullough, Jr. Chairman |
 Timothy S. Carey President and Chief Executive Officer |
Frank S. McCullough, Jr.
Chairman
Timothy S. Carey
President and
Chief Executive Officer
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