New York Provides Additional $12 Million in State Funding for Energy Efficiency

An estimated 60% of New York's greenhouse gas emissions are attributed to buildings, which makes them an obvious target for energy efficiency projects. Last year, the New York State Energy Research and Development Authority (NYSERDA) launched an initiative to improve energy efficiency in its state's buildings, focusing mainly on commercial buildings. This year, NYSERDA is offering $12 million to energy efficiency projects in industrial and multifamily sectors, bringing the total investment in the project to over $40 million.

The project includes a Real Time Energy Management (RTEM) initiative to encourage customers to implement software systems that collect energy usage data, which customers can then use to identify potential savings and emissions reductions. Alicia Barton, President and CEO of NYSERDA, said, 

"The RTEM program has already shown its value in the commercial sector in using energy more efficiently and reducing costs. This expanded offering is the next logical step in the State's efforts, under Governor Cuomo's leadership, to bring its benefits to other types of buildings."

In addition to data monitoring and analytics, NYSERDA offers ongoing RTEM consulting services to aide customers' efficiency improvement decisions. We at Energy Hippo can attest that data is only as good as the organization's drive to use it, and subject matter experts are critical to successful implementations. We see our clients as long-term business partners, and our team brings 15+ years of experience to the table. Contact to learn more.