The state is providing $12 million in funding to improve energy efficiency in industrial and multifamily buildings, Gov. Andrew Cuomo announced on Tuesday.
This money will expand the Real Time Energy Management System initiative, which installs equipment and software to provide real-time data to monitor building’s energy use and identify ways it could be improved, according to a news release.
State officials say more than 60 percent of greenhouse gas emissions in New York come from buildings.
The breakdown includes $5.7 million in direct incentives for projects in the industrial sector, $830,000 for multifamily RTEM projects and $6 million for commercial projects that include using the “cloud” to control the energy systems.
The New York State Energy Research Development Authority (NYSERDA) estimates that building improvements could reduce energy costs by 5 percent in addition to reducing maintenance expenses and improving comfort for the occupants.
“By deploying cutting-edge clean energy technology and software, this program helps business owners improve efficiency, reduce costs and help us combat climate change,” Cuomo said. “Across New York, we are investing in state-of-the-art clean energy solutions to create a greener, more sustainable future for all.”
For more information about the program, visit the website at https://www.nyserda.ny.gov/All-Programs/Programs/Real-Time-Energy-Management.