NYPA Logo

NEWS

Energy Efficiency Projects by N.Y. Power Authority in First Half of 2014 to Save Taxpayers Over $4 Million Annually

Contact:
Michael Saltzman
(914) 390-8181
Michael.Saltzman@nypa.gov

August 27, 2014

WHITE PLAINS — During the first half of 2014, the energy efficiency projects completed by the New York Power Authority (NYPA) at public facilities in various parts of New York State will result in a savings to taxpayers of $4 million annually.

Improving energy efficiency and reducing demand on the electric power grid are critical elements to achieving goals championed by Gov. Andrew M. Cuomo to create a more resilient and flexible power grid, lower the state’s carbon footprint and promote a cleaner and healthier environment for all New Yorkers.

The NYPA-completed energy efficiency projects, from January through June of this year, were undertaken at 100 state and municipal facilities. The improvements will reduce greenhouse gas emissions by nearly 14,650 tons a year, which is the equivalent of removing more than 3,000 vehicles from the road.

“The intensive pace of the NYPA energy efficiency projects, completed and under way, is a direct result of the priority that Governor Cuomo has placed on accelerated investments in energy-saving technologies to lower costs, protect the environment, achieve energy security and promote economic growth,” Richard L. Kauffman, chairman of Energy and Finance for New York State, said. “It is part of the focused attention that New York State is giving to maximize the use of the latest technologies to improve government’s performance.”

“As the lead organization in carrying out the Governor’s Build Smart NY program for improving the state’s energy efficiency, the New York Power Authority is maximizing its efforts to cut electricity bills and fossil-fuel emissions through its partnerships with state and local governments,” Gil C. Quiniones, NYPA president and chief executive officer, said. “By cutting back on electricity use, the improvements are also contributing to the reliability of the overall electric power system.”

Build Smart NY centers on improving the energy efficiency of state facilities by 20 percent by 2020 and supports the efforts of municipal governments to achieve similar goals in lowering their energy bills and freeing up money for their essential services.

Beyond the energy efficiency projects that it completed this year, NYPA is pursuing hundreds of other cost-effective projects, in various stages of development, at public facilities across the state. The multifaceted efforts to improve energy efficiency in the state also contribute to protecting and creating jobs. NYPA utilizes energy services contractors, stemming from competitive-bid solicitations, as part of a partnership with the private sector, including New York firms, in undertaking energy efficiency installations.

“Investing in energy efficiency is smart public policy given the multitude of benefits associated with it, including energy-cost savings, the creation of local jobs, enhanced grid reliability and reduced air pollution,” Donna De Costanzo, senior attorney at the Natural Resources Defense Council, said. “Governor Cuomo and the New York Power Authority are on the right course in bringing about the widespread application of energy efficiency technologies at public facilities throughout the state. All New Yorkers are winners, from both economic and environmental perspectives.”

During 2014, NYPA has also coordinated the initiation of energy master plans in Albany, Buffalo, Rochester, Syracuse and Yonkers to reduce the energy costs and carbon emissions of those cities. The Power Authority is also spearheading energy master plans for several State University of New York campuses, among other state entities.

The energy efficiency improvements undertaken by NYPA over the last two and a half decades are responsible for lowering the annual electricity bills of public facilities by tens of millions of dollars. Peak electricity demand has been cut by more than 244 megawatts and greenhouse gas emissions by nearly 955,000 tons per year. (One MW is enough electricity to meet the needs of up to 1,000 typical homes.)

Descriptions of the energy efficiency projects that NYPA has completed in 2014 are available at http://www.thenypa.com/sites/eeprojects/pages/EnergyEfficiencyProjects.aspx.

About NYPA:

■ The New York Power Authority has been designated as the lead entity via Executive Order 88 by Gov. Andrew M. Cuomo to form a central management and implementation plan to carry out his Build Smart NY plan to reduce energy use by state facilities by 20 percent by 2020. ■ NYPA uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity.■ NYPA is the nation's largest state public power organization, through the operation of its 16 generating facilities in various parts of New York State, participation in a unique public/private partnership to contract for power from a clean generating plant in Queens, and its operation of more than 1,400 circuit-miles of transmission lines. ■ More than 70 percent of the electricity NYPA produces is clean renewable hydropower. Its lower-cost power production and electricity purchases support hundreds of thousands of jobs throughout the state.■ For more information visit www.nypa.gov and follow us on Twitter @NYPAenergy, Facebook, Instagram, Wordpress, and LinkedIn.