Written by: carmstrong
Study Clarifies the Energy Savings in Retrofitted Buildings
New York Times
New York
By JULIE SATOW
While the practice of retrofitting buildings with energy-conserving technology like efficient boilers, high-quality windows and compact fluorescent light bulbs has been around for years, data on whether these changes result in any real savings has been virtually nonexistent. Now, a new study shows that these relatively straightforward fixes can significantly reduce spending on fuel and electricity.
Deutsche Bank Americas Foundation, a philanthropic arm of the German bank, and Living Cities, a nonprofit partnership of 22 foundations and financial institutions, commissioned the report, which will be released later this month. It examined nearly 19,000 affordable housing units in New York City that had undergone energy efficiency retrofits and found that these changes resulted in a 19 percent savings on fuel bills and a 10 percent savings on electricity across the portfolio. This translates into $240 in fuel savings and $70 in electrical savings per apartment every year.
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