Industry group says building code and appliance updates will help customers save money and help the state meet emission reduction goals
ALBANY, June 6, 2022 – National business organization Advanced Energy Economy (AEE) applauded the New York Legislature for approving a bill last week that has the potential to further the deployment of energy-saving technologies and that can deliver significant utility bill savings for consumers.
The "Advanced Building Codes, Appliance and Equipment Efficiency Standards Act of 2022" updates the state’s energy building codes to include considerations of climate impact and mitigation strategies, and expands the list of appliances and products that need to meet energy efficiency standards. The Act is expected to deliver $15 billion in utility bill savings for New Yorkers, with $6 billion of those savings going to low- and moderate-income households. The legislation also sets up New York for success in achieving the emissions reduction targets set by the state’s landmark climate law.