The New York State Energy Research and Development Authority (NYSERDA) has made $36 million available through two new initiatives aimed at increasing energy efficiency of commercial buildings.
The programs are available to many properties including office towers, universities, hospitals, and retail stores — which are some of the state’s biggest energy users. The two programs are estimated to cut energy bills of participating buildings by more than $200 million over eight years.
About $30 million is available through NYSERDA for Real Time Energy Management to support the use of advanced technologies to help building owners fine-tune their building’s energy systems, identify capital projects to cut energy costs, and reduce operations and management costs by an expected 5% to 25%.
NYSERDA plans to make $6 million available to building owners and their tenants to improve energy efficiency in leased office spaces. These areas typically consume 40% to 60% of a building’s total energy use.
Companies that design and build energy efficient office spaces for their employees can anticipate paying an average of 30% less for energy than they would pay in a typical office space.
Related Stories
Codes and Standards | Jun 7, 2017
New Colorado law could stimulate stalled condo market
Construction defect law modifications could ease litigation risk and cut insurance rates.
Codes and Standards | Jun 6, 2017
New York City will require construction superintendents on buildings higher than three stories
New laws focus on construction safety.
Codes and Standards | May 30, 2017
Industry Groups move toward Unified Green Building Model Code in 2018
The effort involves combining ASHRAE's Standard 189.1 with the International Green Construction Code.
Codes and Standards | May 30, 2017
OSHA suspends electronic injury, illness reporting requirement
The agency is keeping records from being publicly disclosed—for now.
Codes and Standards | May 30, 2017
Florida preparing to adjust to new building elevation requirements
New floodplain maps and state code changes loom.
Codes and Standards | May 30, 2017
Heated debate over whether Calif.’s prevailing wage requirement stymies affordable housing
There’s disagreement around how much pay regulations add to cost of projects.
Codes and Standards | May 25, 2017
Technology is influencing parking requirement codes in new developments
Uber and Lyft make it easier for urban dwellers to live without owning cars.
Codes and Standards | May 25, 2017
Better Buildings Challenge Partners on track to reduce energy usage by 20% in 10 years
More than 1,000 proven solutions are now available on DOE web site.
Codes and Standards | May 22, 2017
Affordable housing initiative drives surge in residential unit permits in New York City
New permits tripled from year-ago period.
Codes and Standards | May 22, 2017
Amid labor shortage, industry groups urge government action to boost trades
AGC says a shortage of qualified workers is limiting the economy from adding more jobs.
