The New York State Energy Research and Development Authority announced $10 million in funding to improve the efficiency of heating and cooling systems for consumers.In a statement, the New York State Energy Research and Development Authority (NYSERDA) says the funding will be used to increase the adoption of air source heat pump (ASHP) systems for cooling and heating purposes in residential and commercial buildings across the state.
The ASHP programme will help to expand the pool of current contractors offering these products, while also helping those contractors to sell more ASHPs to meet customer needs.
Contractors will receive up to $500 incentive per unit installed.
According to NYSERDA, the $10 million funding falls under a statewide strategy to improve the adoption of renewable heating and cooling systems.
The development is expected to help in the reduction of energy costs and carbon emissions in addition to stabilising grid networks for energy providers to be able to meet peak demand and growing overall energy demand.
Previously, ASHP systems have been in use for cooling purposes only. However, innovation has allowed the use of the technology for heating purposes.
Alicia Barton, CEO of NYSERDA, said an increase in the use of ASHP systems for both heating and cooling by New Yorkers will help the state achieve its target to reduce carbon emissions by 40% by 2030 and keep consumer energy bills affordable.
The programme is expected to help the state to be able to increase its portfolio of renewable energy resources.
The ASHP technology is designed to generate heat using less energy and pump warm air into households for warming purposes. In summer, the system will reverse the process by moving heat indoors to outdoors.
According to a research conducted by the US Department of Energy, ASHP systems “deliver one-and-a-half to three times more heat energy to a home than the electricity it consumes.”
NYSERDA and renewable energy funding
The New York state government is one of the leading states in the US investing in renewable energy programmes to secure its energy supply. In February, the state government made an announcement that state-supported solar energy projects have increased by 800% between 2011 and December 2016.
In total, the New York state invested $1.5 billion for the deployment of solar energy projects to improve the reliability of the state's energy networks within the five years. Read more...
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