New York State Funding Two Efficiency Initiatives

June 16, 2016 By Carl Weinschenk

New York StateNew York State is investing $36 million in the energy efficiency of commercial buildings, including office towers, universities, hospitals and retail stores.

The New York State Energy Research and Development Authority says that the investment will be used for a pair of initiatives, according to The Washington Times. The programs will be funded through the State’s Clean Energy Fund. It is a 10-year, $5.3 billion clean energy program. The goal is to reduce the energy bills of participating buildings by more than $200 million during an eight year period.

Commercial buildings, the story says, account for about 31 percent of energy use in the state.

Last month, New York State Comptroller Thomas DiNapoli said that Best Buy and Nordstrom have agreed with a request form the New York State Common Retirement Fund that they increase the use of renewable energy in their operations and supply chain.

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