05 Smith PRS EURIMA

Slide1: 

E U R I M A European Insulation Manufacturers Association Peter R. Smith President & CEO New York State Energy Research & Development Authority

NYSERDA Overview: 

NYSERDA Overview Established in 1975 by the NYS legislature Authorized in 1998 by the Public Service Commission to administer the System Benefits Charge fund to facilitate deregulation. SBC funds used to promote energy efficiency, R&D, and low-income support

System Benefits Charge Public Policy Goals: 

System Benefits Charge Public Policy Goals Improve system-wide reliability and increase peak electricity reductions Improve energy efficiency and access to energy options Reduce the environmental impacts of energy production and use Facilitate competition in the electricity markets

Alternative Electricity Generation Technology Costs(Total Life-Cycle Costs for a 500 MW resource block) : 

Alternative Electricity Generation Technology Costs (Total Life-Cycle Costs for a 500 MW resource block) Note: Energy efficiency technologies can be purchased at varying costs up to the point where some other alternative is cheaper

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New York Energy $martSM More than 1,700 GWh Saved (1,000 MW Peak) More than $230 million annual bill reductions 102 GWh Renewable Generation More than 4,450 jobs created Emission Reductions – 1,500 tons NOx, 2,700 tons SO2 and 1,187,000 tons CO2 (Equiv. removal 237k cars from NY Roads)

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The Home Performance with ENERGY STAR® Program More than 11,000 households have been serviced More than 140 Participating Contractors statewide More than $80 million in improvements Average homeowner savings of over $630 per year on energy bills Work performed results in cumulative annual electric savings of 9,644 MWh and fossil fuel savings of 378,947 MMBtu per year

The New York ENERGY STAR® Labeled Homes Program: 

The New York ENERGY STAR® Labeled Homes Program More than 7,000 New York ENERGY STAR Labeled Homes have been built 251 Participating Builders statewide ENERGY STAR Labeled Home saves approximately 690 kWh and 50 MMBtu per year Average homeowner saves over $1,000 per year Average incremental cost of $2,000 = simple payback of 2 years Statewide cumulative annual electric savings of 5,261 MWh and fossil fuel savings of 377,951 MMBtu per year

Slide8: 

THANK YOU Peter R. Smith President & CEO New York State Energy Research and Development Authority www.nyserda.org