Constellation Selected By New York Medical College For $14M Energy Efficiency Project
February 22, 2021 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
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Constellation, an Exelon company, and New York Medical College (NYMC) announced today that construction is underway on a $14 million energy efficiency project spanning 11 buildings at the college’s campus in Valhalla, N.Y.
The project is expected to be completed in early 2022 and calls for interior and exterior lighting to be upgraded to high-efficient LED, as well as the implementation of energy management systems, water conservation measures and HVAC upgrades. The majority of the upgrades will take place at the College’s Basic Sciences Building, which will also undergo a complete laboratory reconfiguration, including fume hood replacements.
In total, the bundle of energy conservation measures is expected to help NYMC reduce its energy consumption by more than 5.6 million kilowatt-hours. The measures are also expected to help NYMC save nearly $800,000 in energy costs in the first year, with continued savings over the course of a 19-year energy performance contract, Constellation said.
The project will be partially financed through a $1.3 million grant from the New York State Energy Research and Development Authority (NYSERDA)’s Energy to Lead Competition as well as more than $2 million in Consolidated Edison incentives.