Tag: NYSERDA

NYC Green Leasing & Smart Submetering Webinar

High performance leases or green leases can reduce utility bills by up to $0.51 per sq. ft. and cut energy consumption by up to 22 percent, according to the Institute for Market Transformation (IMT). Today’s smart submetering solutions enable landlords to maximize their building value with precise tenant billing that will reduce their operating expenses AND boost their bottom line.
On August 16th, 2018, The Institute for Market Transformation and CircuitMeter presented on how to identify, promote and implement strategies to align financial and NY energy incentives for landlords and tenants with high performance leasing and smart submetering solutions.

You can also download the presentation HERE

 

NYSERDA Launches RetrofitNY High-Performance Retrofit Solutions Pilot

On June 27, 2018, NYSERDA announced that it has awarded six design contracts to solution provider teams under RetrofitNY’s High-Performance Retrofit Solutions pilot program. The contracts are the initial step for RetrofitNY, a first-of-its-kind program in the U.S. launched earlier this year by Governor Andrew M. Cuomo. The program is intended to create standardized, scalable deep energy-efficient retrofit solutions that can be replicated throughout the entire housing industry and support Governor Cuomo’s goal to reduce greenhouse gas emissions 40 percent by 2030.

 

Read the full announcement below:

NYSERDA Announces First Contract Awards for $30 Million RetrofitNY Initiative, a First-of-its-Kind Energy Efficiency Program in the U.S.

Winning Teams to Design Retrofit Solutions for Affordable Multi-Family Buildings that Achieve or Approach Near Net-Zero Energy

June 27, 2018

The New York State Energy Research and Development Authority (NYSERDA) today announced six design contracts have been awarded to solution provider teams under RetrofitNY’s High-Performance Retrofit Solutions pilot program. The contracts are the initial step for RetrofitNY, a first-of-its-kind program in the U.S. launched earlier this year by Governor Andrew M. Cuomo. The program is intended to create standardized, scalable deep energy-efficient retrofit solutions that can be replicated throughout the entire housing industry and support Governor Cuomo’s goal to reduce greenhouse gas emissions 40 percent by 2030.

Alicia Barton, NYSERDA President and CEO said, “RetrofitNY capitalizes on the expertise of building owners and designers for identifying and creating scalable energy efficiency solutions for New York’s building stock that will reduce energy costs and improve the quality of life for residents. Under Governor Cuomo’s clean energy economy, the state is creating opportunities for market-wide transformation and we are thrilled with the market response to the first phase of this innovative energy efficiency program.”

RetrofitNY was created to stimulate a new industry capable of delivering replicable net-zero, or near net-zero, energy retrofits to residential building stock at scale. Statewide, buildings account for 60 percent of energy-related greenhouse gas emissions and improving energy efficiency in existing buildings is a critical component of achieving the Governor’s nation-leading clean energy and climate goals. The energy efficient retrofit products designed through the RetrofitNY program will offer multi-family buildings cost-effective and efficient means for cutting emissions and reducing their residents’ energy costs while making their homes more comfortable.

These six contracts are the first step in a two-step competitive application process led by NYSERDA. Under this process, review committees qualified both solution-provider teams to design high-performance retrofit solutions and multifamily affordable housing buildings to receive the prototype retrofit designs.

Each solution-provider team was awarded $75,000 for the design phase of their project, which will last approximately six months. Designs are also required to exclude the use of fossil fuels onsite, and demonstrate that the designs are cost-effective, standardized, scalable and aesthetically pleasing.

To initiate the design phase of these six projects, kickoff meetings are being held with the contract winners. Once complete, NYSERDA will offer additional funding for developing and installing the designs under a separate solicitation. NYSERDA will then monitor the construction and performance of the solutions to incorporate learnings from this first phase into future requests for proposals for improved designs, ensuring the program will be rolled out on an ever-larger scale until a self-sustaining market is created.

The RetrofitNY program supports the state’s greenhouse gas emission reductions of 40 percent by 2030 as well as the new 2025 energy efficiency target announced in April. The components developed and tested under RetrofitNY are anticipated to be applicable to new construction projects as well as retrofits, and serve the broader emerging net zero market in New York.

The winning contract teams are:

  • The International Center for Appropriate and Sustainable Technology (ICAST): working with Beacon Communities on a two-story, six-unit building that is part of a six-building campus in Troy.
  • The Levy Partnership: working with Joint Ownership Entity (JOE) NYC on a six-story, 21-unit building in Harlem.
  • Bright Power: working with Volmar on a five-story, 42-unit building in the Bronx.
  • SWBR Architects: working with Conifer Real Estate on a two-story, 24-unit building in Portville in the Western NY Region.
  • King + King Architects: working with Rock PMC on a two-story, eight-unit building in Phoenix outside Syracuse that is part of a five-building campus.
  • Chris Benedict, RA: working with RiseBoro Community Partnership on a four-story, 46-unit building in Brooklyn.

RetrofitNY is a $30 million program funded over 10 years and made available through the State’s Clean Energy Fund. It intends to bring a substantial portion of New York’s affordable housing units to or near net-zero energy over the next decade. Net-zero energy buildings consume no more energy, on an annual basis, than they produce onsite through renewable energy technologies like solar panels or other distributed energy resources.

RetrofitNY is based on a successful European program, Energiesprong, which has brought over 5,000 units of affordable housing to net-zero energy with 20,000 more units in the pipeline.

The teams’ progress and more information about the RetrofitNY program can found at the NYSERDA website.

About NYSERDA

NYSERDA, a public benefit corporation, offers objective information and analysis, innovative programs, technical expertise, and funding to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce reliance on fossil fuels. NYSERDA professionals work to protect the environment and create clean-energy jobs. NYSERDA has been developing partnerships to advance innovative energy solutions in New York State since 1975. To learn more about NYSERDA’s programs and funding opportunities, visit nyserda.ny.gov or follow us on TwitterFacebookYouTube, or Instagram.

About the Clean Energy Fund

The 10-year, $5.3 billion Clean Energy Fund (CEF) is a core component of New York State’s Reforming the Energy Vision strategy to achieve a clean, resilient and affordable energy system for all New Yorkers. The CEF includes a focused effort to bring more clean energy opportunities and benefits to low- to moderate-income communities and is designed to deliver on New York State’s commitment to accelerate the use of clean energy and energy innovation and drive economic development, while reducing ratepayer collections. NY Green Bank, a core component of the CEF, has generated $32.6 million in positive net income as a result of $457.5 million in investments in clean energy transactions across New York. Its $1 billion NY-Sun initiative has already helped facilitate a more than 1,000 percent increase in solar deployment since 2011. The CEF supports New York’s ambitious Clean Energy Standard requiring 50 percent of the state’s electricity to come from renewable energy sources by 2030.

Media Inquiries

New York Lays Out Plan For Accelerating Energy Storage

Source: Solar Industry

Gov. Andrew M. Cuomo, D-N.Y., has announced the release of New York’s Energy Storage Roadmap, which is designed to support the governor’s energy storage target of 1.5 MW by 2025.

New York State currently has approximately 60 MW of advanced energy storage capacity deployed with another 500 MW in the pipeline, in addition to 1,400 MW of traditional pumped hydro storage. In order to advance energy storage development in ways that are “viable, replicable and scalable,” the roadmap recommends the following steps:

  • Providing $350 million in statewide market acceleration incentives to fast-track the adoption of advanced storage systems to be located at customer sites or on the distribution or bulk electric systems;
  • Adding incentives for energy storage to the New York State Energy Research and Development Authority’s (NYSERDA) NY-Sun initiative to accelerate the development of solar-plus-storage projects and allow those projects to access federal tax credits before they expire;
  • Enacting regulatory changes to utility rates, utility solicitations and carbon values to reflect the system benefits and values of storage projects;
  • Continuing to address project permitting and siting challenges and reduce system indirect expenses and soft costs; and
  • Recommending modifications to wholesale market rules to better enable storage participation, including allowing storage to meet both electric distribution system and wholesale system needs to provide greater value for ratepayers.

“Clean energy is the future of our planet, and New York will continue to lead the nation in this technology to fight climate change and conserve resources for generations to come,” says Cuomo. “This roadmap is the next step to not only grow our clean energy economy and create jobs but to improve the resiliency of the grid to keep our power running in the face of extreme weather and other emergency situations.”

The plan was developed by the Department of Public Service (DPS) and NYSERDA with input from numerous stakeholders.

“With this roadmap, Governor Cuomo has brought New York once again to the forefront of the nation in developing new energy solutions that will fuel our efforts to build a cleaner energy system for future generations,” states Alicia Barton, president and CEO of NYSERDA. “The roadmap will serve as a guide to jump-starting the market for advanced energy storage projects in New York on our path to achieving 50 percent renewable energy by 2030 and turn the Empire State into a global hub for the burgeoning energy storage industry.”

The New York Power Authority is currently working on several energy storage projects that demonstrate the value of the technology. This work includes a partnership with the State University of New York (SUNY) on multiple projects that would allow the university system to use stored solar power during emergencies and times of peak energy demand. A solar energy and battery storage system was completed this spring at the SUNY New Paltz campus, and planning is underway for a similar system at the SUNY Delhi campus.

Additionally, as proposed by Cuomo in his 2018 State of the State, NY Green Bank seeks to invest at least $200 million in storage-related investments, designed to help drive down costs for the strategic deployment of energy storage at scale. To support this commitment, NY Green Bank has released a request for information to solicit direct interest from project developers on how it can address financing gaps and support energy storage projects. NY Green Bank is also expected to issue a request for proposals later this year for projects combining solar and energy storage.

Richard Kauffman, New York State’s chairman of energy and finance, says, “Energy storage not only increases the use of renewable electricity generation but provides numerous benefits to our environment and economy and improves the resilience of the grid. Under Governor Cuomo, New York’s comprehensive approach supports the growth of the energy storage market by providing financing and policies that support the growth of this sector and ensure we meet the state’s ambitious clean energy goals and combat climate change.”

In his State of the State, Cuomo committed $60 million in NYSERDA funding to energy storage initiatives. NYSERDA has already made almost $22 million available in two separate solicitations as part of New York State’s long-term investment in the energy storage sector.

Multiple technical conferences will be held throughout the state to allow for public feedback on recommendations and approaches identified in the roadmap. The Public Service Commission has created a new proceeding to consider and establish a 2030 storage target and the deployment mechanisms to achieve the 2025 and 2030 energy storage targets by the end of the year. Public comments on the roadmap can be submitted via the DPS website.

Bloom Energy to Install First Ever Highrise Fuel Cell at Morgan Stanley HQ

Morgan Stanley’s second project with Bloom Energy demonstrates how clean energy can be deployed in urban areas like Times Square

NEW YORK, Jan. 12, 2016 /PRNewswire/ — Morgan Stanley today announced that Bloom Energy will install a fuel cell system at the Firm’s global headquarters in New York City’s Times Square neighborhood.  The fuel cell project at 1585 Broadway is expected to be fully operational in late 2016 and will provide approximately 750 kW of 24×7 high quality power to the Morgan Stanley building, equal to approximately 6 million kWh of clean electricity each year.

Bloom Energy’s solid oxide fuel cell (SOFC) technology converts fuel into electricity through a high efficiency non-combustion process that generates clean and reliable on-site power, reducing emissions of greenhouse gasses compared to traditionally generated and transmitted electricity.

“Morgan Stanley is committed to investing in technologies that minimize our impact on the environment,” said Chief Operating OfficerJim Rosenthal.  “Following on the success of our fuel cell installation in Purchase, NY, this project further exemplifies how we can improve the sustainability and resiliency of our facilities, while controlling costs and being responsible to our business, our shareholders and our planet.”

“The recent Paris Climate Accord calls on government and business leaders to reimagine the way we power the world, and this project in the heart of Manhattan demonstrates how clean distributed energy can be deployed onsite, even in urban areas,” said KR Sridhar, principal co-founder and CEO of Bloom Energy.  “We applaud Morgan Stanley for their continued commitment to clean energy as well as Governor Cuomo’s administration and NYSERDA for their work to drive adoption of clean distributed generation.”

Support for this project was provided by the New York State Energy Research and Development Authority (NYSERDA) through a long-term renewable energy credit contract awarded under the Renewable Portfolio Standard (RPS) Main Tier Program to develop renewable energy projects.

“Partnerships between the State and private sector have made New York a global leader in reducing greenhouse gases and advancing clean energy solutions, and will continue to play a vital role in transforming our energy system,” said John B. Rhodes, President and CEO of NYSERDA said.  “This project is an example of how new and innovative technologies will help us achieve Governor Cuomo’s vision of an energy system that is cleaner, more resilient and more affordable for all New Yorkers.”

Bloom Energy currently has over 200 projects across the United States and in Japan, including ten operating projects in New York State.

About Bloom Energy
Bloom Energy is a provider of breakthrough solid oxide fuel cell technology generating clean, highly efficient onsite power from multiple fuel sources.  Founded in 2001 with a mission to make clean, reliable energy affordable for everyone in the world, Bloom Energy Servers are currently producing power for many Fortune 500 companies including Apple, Google, Wal-Mart, AT&T, eBay, Staples, The Coca-Cola Company, as well as notable non-profit organizations such as Caltech and Kaiser Permanente. Also, with its Mission Critical Systems practice, Bloom Energy provides grid-independent power for critical loads in data centers and manufacturing.  The company is headquartered in Sunnyvale, California.  For more information, visit www.bloomenergy.com.

About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services.  With offices in more than 43 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals.  For further information about Morgan Stanley, please visitwww.morganstanley.com.

SOURCE Bloom Energy

 

NY Farm Receives First Groundbreaking Clean Energy Financing from Energize NY!

FOR IMMEDIATE RELEASE APRIL 13,2015
ENERGY IMPROVEMENT CORPORATION

YORKTOWN HEIGHTS, NY – Energy Improvement Corporation (EIC) today announced its completion of the first commercial Property Assessed Clean Energy (PACE) financing in New York State, a milestone for its Energize NY Finance program and its partners Orange County, the New York State Energy Research and Development Authority (“NYSERDA”), First Niagara Bank, N.A. and Bank of America Merrill Lynch. Energize NY Finance is New York’s new finance program for energy efficiency and renewable energy projects in existing buildings that are commercially owned.

Energize NY Finance offers low-cost, long-term financing for up to the full cost of energy improvements that reduce energy consumption or generate renewable energy. Unlike traditional financing, Energize NY’s PACE financing focuses on the project’s potential for energy savings and is repaid through an annual tax charge on the property (like water or sewer charges) over the term of the financing. If the property is sold, the energy savings and financing automatically transfers to the new owner.

Energize NY’s first PACE loan was used to fund a 53 kilowatt ground-mounted solar installation located in the fields of 5 Spoke Creamery Farm, a Mid-Hudson Valley artisanal cheese making facility in Goshen, NY known for its cave-aged raw milk cheeses. The solar panels, which were installed by Novel Approaches of Orange County, generated energy savings from day one and will replace 100 percent of 5 Spoke Creamery’s annual electricity costs.

“I am very proud that Orange County is the first county in our state to implement the Energize NY Finance program,” said Orange County Executive, Steve Neuhaus. “We joined EIC as the first member county because we recognized that EIC’s programs meaningfully contribute to our economic development and environmental conservation strategy. We are particularly pleased that new solar technology can benefit our agricultural businesses, like 5 Spoke Creamery, by reducing energy costs, improving resiliency and generating savings for re-investment,” said Neuhaus.

Barbara and Alan Glustoff, owners of 5 Spoke Creamery, moved their operations to Orange County from Pennsylvania, reversing a trend that had seen farming operations decline in Orange County. The solar project financed by Energize NY Finance offers numerous benefits to the Glustoffs’ business and the community. “We are excited to be able to substantially reduce our electricity costs and benefit the environment at the same time,” said Alan Glustoff. “Everything on this farm affects the quality of our cheese and reflects our commitment to sustainable agriculture,” explained Glustoff. “Going solar is important to the whole picture, and the electric savings will go to expanding our business,” he added. “Orange County Planning directed us to their Energize NY Finance program to help get the balance of funding we needed to make this project happen, ” said Barbara Glustoff. “Going through the Energize NY Finance program was pretty simple and straightforward and the energy savings will have more than paid for the financed amount by 2020,” she said.

Energize NY Finance is one of several programs offered by EIC, a local development corporation owned by municipalities throughout NY State who have made a commitment to improve the energy performance of local building stock. With 16 members and many others planning to join, EIC works with its members, like Orange County, to transform the market for comprehensive clean energy projects by integrating Energize NY programs with local economic development and community-based sustainability efforts driven by local leadership.

EIC also has worked closely with NYSERDA, both prior to and since its launch in New York, to accelerate demand for clean energy upgrades to existing building stock. NY Green Bank, a division of NYSERDA, provided a letter of credit which first enabled EIC to offer the commercial PACE financing platform throughout New York. This partnership expands affordable and accessible clean energy project financing to all of New York State for commercial, industrial, agricultural and multi-family buildings to help them become more cost effective by decreasing energy costs.

“Energize NY is just the kind of initiative NY Green Bank is targeting as we continue to build a vibrant private sector market providing clean energy solutions to benefit communities and customers,” said Alfred Griffin, NY Green Bank President. “Programs like Energize NY are, and will continue to be, essential to Governor Cuomo’s comprehensive energy strategy – Reforming the Energy Vision, or “REV” – which will ultimately deliver a cleaner, more reliable, and affordable energy system for all New Yorkers.”

First Niagara Bank provided EIC with a line of capital to provide financing to property owners, part of which was used to fund the 5 Spoke solar project. EIC also issued its first long-term take-out financing to Bank of America Merrill Lynch in connection with the 5 Spoke solar project. BofA Merrill Lynch has agreed to provide up to $75 million in financing to EIC, which will be used by Energize NY Finance to finance additional clean energy projects. “We are excited to be able to deploy such deep sources of project capital in partnership with First Niagara and Bank of America Merrill Lynch for energy improvement projects in our member municipalities,” said Mark Thielking, EIC’s Executive Director. “Over time, as most of NY State’s municipalities join EIC, we look forward to leveraging the Energize NY Finance platform to upgrade every eligible property in order to reduce energy waste, generate local jobs and create a competitive building stock for sustainable economic growth,” he said.

Energy Improvement Corporation (EIC), www.EnergizeNY.org, is a New York State not-forprofit local development corporation that works with its member municipalities across NY State to reduce energy waste and create multiple renewable energy sources through community-based marketing and outreach and by providing affordable and accessible project financing. EIC drives demand for clean energy upgrades to existing buildings through its programs – Energize NY Finance, Energize NY Residential, Energize NY Commercial and Solarize Westchester.

The New York Solar PV Guide

Solar power is on the rise across New York, where it has grown an average of 44.28% annually in the last three years. According to the latest solar jobs census from the Solar Foundation, the solar industry employed more than 5,000 people in New York in 2013. Significantly, New York ranks fifth in the nation for statewide solar job creation.

New York will continue its prodigious growth with the NY-Sun initiative which has committed $1 billion in funding for solar projects. The newly launched Solarize campaigns bring together widespread community outreach and education, competitive installer selection, and a limited-time offer to bring more customers to solar and provide significant cost savings. Community Solar NY will support these campaigns by providing marketing materials, technical assistance and funding and by sharing best practices to help community projects succeed.

With the highest electric rates in the nation, lower costs and new funding – NOW is the best time ever for New Yorkers to invest in solar!

Building Owners: Boost Your Bottom Line with NYSERDA & Con Ed Incentives!

Manage your energy consumption and reduce your operating costs with even greater incentives from NYSERDA and Con Edison. These greatly enhanced incentives will generate substantial ROIs for savvy NYC & Westchester buildings owners who take advantage of the program.

Con Edison electric customers are eligible for these new incentives on technologies like energy storage, LED lighting or other energy improvements that helps manage energy use and permanently reduce demand.

Hurry before these incentives expire or funds are exhausted!

Clean Power Financing Support from the NY Green Bank

By Yiqing Zhao

Great news for clean energy, renewable energy and energy efficiency projects: NY Green Bank is here to help financing, firmly supported by NYSERDA.

Open for business since last February, the state-sponsored fund NY Green bank is a division of NYSERDA. As New York’s very own energy expert, NYSERDA promotes technological innovation in building efficiency and envisions a clean energy future.

NY Green Bank’s mission is to advance and expand clean energy (including energy efficiency and renewables) from a financing perspective, in a self-sustaining manner. Currently, the biggest obstacles that prohibit most great projects from fruition are their inaccessibility to financing in the traditional market. Among them, many small & medium-size businesses don’t stand a chance for getting financed.

This is about to change by the NY Green Bank:

Hence, “the Green Bank is in the business of partnering with other lending and other capital market institutions, other financial actors, such as insurance companies or banks and getting them into the business by partnering with them and saying look, we can show you how this work,” explained John Rhodes, NYSERDA President and CEO. When fully capitalized, NY Green Bank expects to have $1 billion on the balance sheet and a projection of $8 billion of additional private sector investment in clean energy projects over the next ten years.

Market-focused and market-responsive, NY Green Bank provides financial support including credit enhancement (such as loan loss reserves and loan building), project aggregation, wholesale leveraging on lowering interest rate, and securitization amidst its pushing for various benign public-private partnerships.

Having been open for only a short time, NY Green Bank “already have seven deals ready to go that are going to commit most of [their] initial capitalization across a range of projects for clean energy, renewable energy and energy efficiency across the state and leveraging upwards of $600 million from those financial service partners,” said Rhodes.

NY Green Bank is starting to tremendously benefit efficiency-minded building owners and clean energy/efficiency/renewable contractors. With a mission to accelerate clean energy deployment in New York State by working in partnership with the private sector to transform financing markets, it’s time to learn to work with them.

Demand Response – Get Paid to Use Less Energy by Con Edison & NYISO

Con Edison’s demand response programs pay over 800 participating customers who are able to temporarily reduce electric usage when requested by Con Edison. Con Edison has demand response programs available to commercial, industrial and residential customers. A participating customer can possibly earn up to $50,000 over a three year period for every 100 kW of load relief provided.

Customers can enroll in the 2 Hour or Less Notification Program (Distribution Load Relief Program) and upon request reduce their electric usage to help maintain system reliability in their communities.

Customers can enroll in the 21 Hour Notification Program (Commercial System Relief Program) and upon request provide load relief for Con Edison on the hottest days.

For more information on the programs, continue to the Demand Response Details page.

Free technology to manage your energy use

Our Customer Care for Energy Management website provides customers with energy and load analysis data and allows you to create reports to help you better understand your unique usage patterns and manage your energy cost.

Eligibility & Requirements

  • Participants must have a communicating Billing Interval Meter. Click here for the application.
  • Customers may be eligible to participate in both programs simultaneously.

Apply Now

For full program rules, read through Riders U (DLRP) and S (CSRP) of our tariff. Enrollments will be accepted up to April 1st for a May 1st start date and up to May 1st for a June 1st start date.

We encourage you to apply through an Aggregator. If you are able to reduce 50 kW or more, you can also apply directly with Con Edison.

To participate directly with Con Edison complete and submit the Demand Response Programs Application and Enrollment File. Applications as well as any questions you may have can be submitted to DR@ConEd.com.

NYSERDA is Expanding its Solar Hot Water Program Statewide