In addition to the competitive funding that we provide to City agencies to implement energy efficiency projects, DEM manages a comprehensive program to install energy-efficient equipment and systems across the City’s portfolio. In this effort, we work closely with the City’s Department of Design and Construction (DDC), agencies that operate buildings where projects are being installed, and other partners, such as the New York Power Authority (NYPA). DEM is currently working to create an additional queue of retrofit work through our new Deep Energy Retrofit Program to meet the City’s mandate to do more, more quickly under Executive Order 26. Through the Deep Energy Retrofit Program, DEM is seeking to implement energy conservation measures that have well-established efficiency paybacks, as well as those that are foundational to achieving major efficiency gains, such as building envelope work.
From Fiscal Year 2014 to 2018, DEM completed 10 retrofit projects in partnership with DDC, representing a total DEM investment of $14M. These completed projects are expected to create 1,500 MT of emissions reductions, equivalent to 320 vehicles being taken off the road, with $745,000 in annual energy savings and an expected average payback of 18.8 years.
From Fiscal Year 2014 to 2018, DEM has completed 38 NYPA Retrofit projects, which are projected to create 44,300 MT of emissions reductions, equivalent to the removal of almost 9,400 vehicles from the road.
DEM works closely with DDC and our agency partners to identify opportunities to integrate energy efficiency improvements into their planned capital projects. DEM seeks to prioritize retrofits for the worst-performing, most carbon-intensive buildings.