Home News & Features New York Hotels Eligible for $3.3 Million in NYSERDA Funds

New York Hotels Eligible for $3.3 Million in NYSERDA Funds

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NEW YORK—The New York State Energy Research and Development Authority (NYSERDA) announced that it is making $3.3 million available for projects at commercial and institutional buildings to accelerate the adoption and utilization of commercially available energy-saving and load management technologies and strategies.

This funding opportunity, part of NYSERDA’s Emerging Technologies and Accelerated Commercialization (ETAC) program, is designed to increase adoption of existing energy-saving technologies that have not yet received market acceptance. Through support for demonstration projects, performance measurement and verification (M&V) services, and a broad outreach campaign, ETAC showcases the benefits of energy-saving technologies and helps accelerate them through the market development and adoption cycles.

Energy use in buildings accounts for nearly two-thirds of New York State’s total energy consumption, and 50 percent of the state’s greenhouse gas emissions. Increasing energy efficiency in buildings not only saves money for building owners, but can also deliver system efficiency that will generate broader cost savings to ratepayers.

Supports Governor’s Energy Savings Goals

“ETAC takes an innovative approach to driving market development of energy-efficient technologies in support of Governor Cuomo’s aggressive energy savings goals for the state,” said Francis J. Murray Jr., president and CEO, NYSERDA. “Many viable energy-efficient products have been on the market but are underutilized. ETAC will help address barriers to increased market adoption, prove that these products can perform and provide cost savings to businesses.”

ETAC promotes the pioneering work of energy-efficiency services providers who can leverage relationships with long-term customers to deliver everything from small- and medium-scale energy-efficiency improvements to large, comprehensive and sustainable net-zero energy and deep-energy savings projects. Collaboration among industry leaders will build exposure and credibility for the most promising technologies, accelerating market awareness and encouraging investment.

A few of the eligible technologies include load management-enabling technologies, solid-state lighting with controls, advanced heating and cooling technologies such as rooftop unit controllers, and deep energy savings approaches.

Click here for more information.

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