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
| Nov 29, 2012
Quake simulation to test concrete building's strength in California
Researchers aim to gauge how buildings constructed with reinforced concrete withstand an earthquake by conducting a simulation test at a two-story building built in the 1920s in El Centro, Calif.
| Nov 29, 2012
AGC offers stormwater compliance webinar
An effective document management system is necessary to stay in compliance with new and forthcoming stormwater runoff requirements, says the Associated General Contractors of America.
| Nov 29, 2012
Government policies help accelerate adoption of green building
Green procurement policies or green building mandates can help accelerate the adoption of green building practices, according to research by Timothy Simcoe and Michael Toffel.
| Nov 26, 2012
Minnesota law to spur development, job creation produced few jobs
Legislation that allowed local governments to direct excess property tax dollars from tax-increment financing districts into other private developments was supposed to kick-start construction hiring in Minnesota.
| Nov 26, 2012
How to boost resilient systems that are sustainable
Cities of the future can be both more resilient and more sustainable by promoting strategies that include solar power and green roofs, programs that minimize demand for energy, rain gardens, and permeable pavement.
| Nov 26, 2012
Developer of nation’s first LEED platinum skyscraper focuses on carbon reduction
The Durst Organization, the developer of the first LEED platinum certified skyscraper in the country, says it will not seek LEED certification for its residential pyramid planned for New York’s West 57th Street.
| Nov 26, 2012
Questions linger over ability of Miami's newer high-rises to withstand hurricanes
Some towers in Miami, rebuilt after a hurricane in 2005, were allowed to be constructed under older building codes instead of newer ones created after Hurricane Wilma.
| Nov 26, 2012
Changes in development and building standards needed for health of Potomac River
The Potomac River’s health stands to suffer if the region does not change its development and building standards, according to the Potomac Conservancy.