Paterson Announces Stimulus Funding For SEP Projects

Gov. David A. Paterson, D-N.Y., has announced that $7.4 million in American Recovery and Reinvestment Act (ARRA) funding has been awarded to support 30 energy conservation projects in New York City.

The funding awarded to universities and colleges, hospitals and not-for-profit agencies will reduce these entities' energy and operating costs by $4.3 million annually, according to the New York State Energy Research Development Authority (NYSERDA).

This is the third round of funding provided to allocate $74 million for State Energy Program (SEP) expenditures. Through this portion of the SEP initiative, 248 projects were funded to help public and non-profit entities in every region of the state reduce energy costs by $22 million. Measures funded include installation of PV systems, lighting retrofits, installation of solar thermal systems and installation of energy management systems.

Proposals received by NYSERDA were evaluated on a competitive basis. Primary selection criteria included technical viability, cost-effectiveness, demonstration of compliance with program requirements and cost sharing. Each awardee must still successfully enter into contract and meet all ARRA requirements prior to funding being released.

SOURCE: New York State Energy Research Development Authority

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