New York Announces 112,000 Energy Efficiency Projects Initiated Since 2012
Projects spur nearly $800 million in private investment and will save customers $341 million in energy costs annually
ALBANY, N.Y. — New York Gov. Andrew M. Cuomo announced that in the past four years, 112,000 residential and commercial energy efficiency projects have been completed or are currently under development through New York state clean energy programs. These projects are expected to attract $766 million in private investment and save customers $341 million on their energy bills each year. Homeowners are saving an average of $56 per month on electric and natural gas bills, and building owners are saving an average of $1,023 per month.
“Smarter, more efficient energy infrastructure is crucial to building a better future for New York state,” said Cuomo. “We have made tremendous progress in creating cleaner and greener communities, savings hundreds of millions of dollars for consumers every year and jumpstarting major private sector investments statewide. Our administration is committed to ensuring a bright future for this state, and we will continue working to make that happen for all New Yorkers.”