The program will serve small and medium-sized commercial customers that have peak energy demands under 350 kilowatts, and will help offset energy efficiency improvement costs by up to 70 percent, according to Lime Energy.
The program will be available to commercial customers in Central Hudson’s service area, which extends across eight counties in New York’s Mid-Hudson River Valley. Lime Energy expects the initiative to complete lighting projects with a value of up to $25 million, over the four-year term of the contract.
New lighting options now make it possible for small and mid-size businesses, office buildings and other facilities to upgrade to brighter, more efficient lighting with little out-of-pocket expense, said Anthony Campagiorni, vice president of business development for Central Hudson.
Central Hudson’s program will provide incentives to commercial customers to install energy efficient lighting systems and improve their facilities, which in turn will help reduce emissions from power plants. Lime Energy will work with commercial customers to implement the multi-measure efficiency projects in the utility’s service area.
Lime Energy has worked with every utility in New York as part of the state’s energy efficiency resource standards program, which aims to reduce energy consumption by 15 percent by 2015. Lime’s work has included direct install programs for the Long Island Power Authority, New York Power Authority and National Grid.
State energy efficiency resource standards are now established in half of US states, covering two-third of the population. The standards caused electric efficiency budgets, which are funded by ratepayers, to increase from $5.4 billion in 2010 to $6.8 billion in 2011, according to a report released earlier this year by The Edison Foundation’s Institute for Electric Efficiency.
Picture credit by stock.xchng user I-Jack