The New York State Energy Research and Development Authority (NYSERDA) announced today that 212 Western New York businesses are reducing energy costs by a total of $2.4 million annually as a result of energy efficiency upgrades and sustainable building projects supported by NYSERDA during 2010.
The energy savings – 15.5 million kilowatt hours — is equivalent to the amount of electricity consumed by 2,246 single-family homes annually.
“NYSERDA commends these leaders in the Western New York business community for their commitment to more environmentally sustainable business practices,” said Francis J. Murray Jr., President and CEO of NYSERDA. “We encourage other companies to apply for the incentives available in 2011.”
Statewide, NYSERDA commercial and industrial incentives supported more than 2,800 projects during 2010, helping companies reduce operating costs by $40 million.
NYSERDA provided more than $2 million in incentives to Western New York companies to make energy efficiency projects more affordable, enhance competitiveness and cut costs for businesses. These incentives are available in every sector of the economy, including retail, manufacturing, hospitality, health care, agricultural, commercial and industrial, and others.
Payback on these projects is approximately three to five years. Western New York businesses that made performance-based upgrades are saving an average of $33,660 annually. Performance-based projects not only save energy but also improve productivity by lowering equipment maintenance and operating costs.
Examples of 2010 energy-saving projects at Western New York companies include: