New York Launches State Energy-Efficiency Initiative

January 14, 2013

 

A New York initiative called "Build Smart NY" will seek to increase the energy efficiency of state buildings by 20% over the next seven years. Governor Andrew Cuomo on December 28 issued an Executive Order directing state agencies to seek improvements measured against the 2010-11 state energy usage targets.

The largest and most inefficient buildings will be addressed first, and undergo comprehensive whole-building improvements. Such measures include new lighting fixtures and controls, heating, ventilating and air-conditioning systems, electric motors, and automated energy management systems. The New York Power Authority has committed to provide $450 million in low-cost financing for this initiative. Additionally, for most projects, no upfront capital spending will be required because agencies will be able to repay the loans through the projects' energy savings. See the New York state press release and the governor's Executive Order.