New York Sets Energy Efficiency Incentives for Utilities
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Loading ...Last week the New York State Public Service Commission (PSC) agreed to set aside up to $27 million for electric utilities as an incentive to develop cost-effective programs to assist consumers in improving energy efficiency and reduce anticipated increases in consumer electricity bills.
At current trends, by 2015 electric energy usage in New York is estimated to be 11% higher than current levels. These factors, combined with expected fuel price increases and supply uncertainty, and the need to reduce greenhouse gas emissions, make it necessary to create energy efficiency programs and quickly find ways to reduce energy use, the Commission said in a release. Read more
Source: Sustainable Business
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