Power Authority Partners With NYCHA To Complete Multi-Million Dollar Energy Efficiency Projects In Manhattan And The Bronx
June 14, 2010
FOR IMMEDIATE RELEASE
NEW YORK—New York Power Authority (NYPA) President and Chief Executive Officer Richard M. Kessel today announced the completion of two energy efficiency projects with the New York City Housing Authority (NYCHA) that will save taxpayers more than $2 million a year and help to protect the environment.
“The New York City Housing Authority—one of our government electricity customers—is a valued partner to the New York Power Authority,” Kessel said. “We have partnered with them on more than 60 energy efficiency projects throughout the city over the past two decades. These current initiatives are significant in our quest to fulfill New York State’s ‘45 x 15’ plan, which calls for 45 percent of electricity needs in the state to be met through improved energy efficiency and renewable sources by the year 2015.”
One initiative—control and lighting upgrades at NYCHA’s Castle Hill Houses in the Bronx—Includes the replacement of steam traps, lighting fixtures and installation of wireless energy modules at 14 buildings, including 2,025 apartments. The $17.6 million project will save taxpayers $1.4 million a year and remove more than 5,000 tons of greenhouse gases from the atmosphere annually.
The second initiative was completed at Rutgers Houses in Manhattan and included the installation of five energy efficient boilers, a new steam distribution piping and a new natural gas service. The $10.7 million project involved work at five of the housing complex’s buildings, will save taxpayers roughly $650,000 a year, and remove more than 4,000 tons of greenhouse gases annually.
To date, NYPA has completed energy efficiency work at more than 2,700 NYCHA facilities, saving taxpayers nearly $13 million a year and removing nearly 93,000 tons of greenhouse gases annually.
NYPA is also working with NYCHA on boiler control upgrades at Alfred E. Smith Houses in Manhattan. The scope of work includes the replacement of inefficient controls on the six boilers that supply steam and hot water throughout the 12-building complex. The total estimated cost for this project is $740,000, with an annual energy savings of $69,600. Work is scheduled to be completed by the end of the year.
The Power Authority is also continuing its partnership with NYCHA through NYPA’s Instantaneous Hot Water Heater Replacement Program. The initiative, currently entering its 10th phase, includes the replacement of existing inefficient hot water storage tanks with new instantaneous hot water heaters. A total of 105 heaters in 14 developments throughout four boroughs are included in the scope of work (640 instantaneous hot water heaters have been installed in previous phases, with 1,700 instantaneous hot water heaters expected to be replaced by the program’s conclusion). The total estimated cost for this project is $17 million with an annual energy savings of $1.5 million.
NYPA has financed more than $770 million of energy efficiency and clean energy projects in New York City, completing 1199 projects at more than 1,951 facilities, saving taxpayers more than $73 million a year and removing nearly 477,000 tons of greenhouse gases from the air.
The Power Authority typically recovers its costs by sharing in the savings in energy bills that result from its initiatives, after which program participants retain all the savings.
NYPA is the nation’s largest public power organization and uses no taxpayer dollars or state debt in its operations. The Power Authority owns and operates 17 generating facilities across New York. NYPA also owns and operates over 1,400 circuit miles of transmission lines in various parts of the state. NYPA is a national leader in advancing energy efficiency, clean energy technologies and electric vehicles.
■ The New York Power Authority 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 a leader in promoting energy efficiency, new energy technologies and electric transportation initiatives. ■ It is the nation's largest state public power organization, with 17 generating facilities in various parts of New York State and more than 1,400 circuit-miles of transmission lines. ■ Approximately 80 percent of the electricity it 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, www.nypa.gov.