Press Release: Innovative Empire State Building Program Cuts $7.5M in Energy Costs Over Past Three Years
NEW YORK, NY — The Empire State Building has surpassed the energy savings guaranteed through its innovative energy-efficiency program for the third consecutive year. This year, the iconic property beat its energy-efficiency guarantee by 15.9 percent, saving $2.8 million.
Over the past three years, the program has generated a total of approximately $7.5 million in energy savings at the landmark building. The savings is the result of continued enhancement of the iconic building’s new systems and the addition of many new tenants occupying hundreds of thousands of square feet of office space retrofitted according to program guidelines.
In 2009, the Empire State Building, President Bill Clinton and Mayor Michael Bloomberg launched a comprehensive retrofit at the landmark property to reduce costs, increase real estate value and protect the environment. In 2011, the Empire State Building beat its year-one energy-efficiency guarantee by 5 percent, saving $2.4 million. In year two, the iconic property surpassed its energy-efficiency guarantee by nearly 4 percent, saving $2.3 million.