Energy Efficiency Hub Opens in Manhattan

An energy efficiency resource center – the Building Energy Exchange – opened in downtown Manhattan. The Exchange will act as a hub for activities that help building owners save energy.

During Climate Week, NYC committed to an 80 percent reduction in emissions by 2050. The Building Energy Exchange will provide key support toward that goal.

The Building Energy Exchange is an independent nonprofit created to educate the industry about innovative energy efficient technologies and lighting strategies. An initial focus of the Exchange is lighting systems, which are commonly antiquated and inefficient, consuming one third of the City’s commercial electricity and costing New Yorkers $3.4 billion each year. The energy efficiency of affordable housing will also be a major focus of the Exchange.

The Building Energy Exchange – along with the NYC Mayor’s Office of Sustainability and the New York City Energy Efficiency Corporation – was awarded a $3.5 million Cleaner Greener Communities grant, to facilitate energy efficiency projects in multifamily buildings. The grant funds the creation of a single resource for multifamily energy efficiency, connecting building owners to assistance, information, education and financing to spur the implementation cost-saving energy efficiency projects. The three-year grant is provided by the New York State Energy and Research Development Authority (NYSERDA).

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