WHITE PLAINS – April 22, 2015 – (RealEstateRama) — In celebration of Earth Week, Metropolitan Transportation Authority Chairman Thomas F. Prendergast (left) and New York Power Authority President and CEO Gil C. Quiniones commemorate the completion of a $25 million energy efficiency project in Grand Central Terminal. The energy saving measures will save the landmark facility $2.5 million in annual energy costs and reduce harmful greenhouse gas emissions by more than 11,200 tons a year, the equivalent of removing roughly 2,140 cars from the road.
The project was carried out under Governor Cuomo’s BuildSmart NY program, a statewide initiative to increase energy efficiency in public buildings.
NYPA is the nation’s largest state public power organization, through the operation of its 16 generating facilities and more than 1,400 circuit-miles of transmission lines. NYPA uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. More than 70 percent of the electricity NYPA produces is clean renewable hydropower. For more information visit www.nypa.gov and follow us on Twitter@NYPAenergy, Facebook, Instagram, WordPress, and LinkedIn.
Paul DeMichele | Paul.DeMichele (at) nypa (dot) gov | (914) 390-8186