NEWS
|
N.Y. Power Authority to Co-Sponsor 18th Annual Ecofest Contact: August 31, 2006 FOR IMMEDIATE RELEASE NEW YORK—The New York Power Authority, the nation’s largest state-owned electric utility, will co-sponsor the 18th annual ECOFEST on Sunday, Sept. 3 at Lincoln Center. The multi-faceted, admission-free environmental event is scheduled for 11 a.m. to 6 p.m. ECOFEST is designed to promote awareness of urban and global environmental issues. NYPA will exhibit a hybrid-electric vehicle, part of its clean-transportation program. A major focus of ECOFEST, along with conservation of natural resources, is innovative alternative-energy technologies. NYPA has extensive energy-efficiency programs in place, as well as projects to demonstrate solar energy, fuel cells and other new energy sources. “This is a great event and the Power Authority is happy to be a co-sponsor,” said Joseph Leary, NYPA’s director of public and governmental affairs for Southeastern New York. “We look forward to explaining to city residents some of the benefits that NYPA contributes to the reliability of the energy grid and how we have also saved taxpayers money while cutting demand and greenhouse gas emissions.” To date, the Power Authority has invested almost $550 million in energy efficiency programs at public facilities in New York City, resulting in annual savings of more than $56 million to taxpayers and yearly reductions of over a million barrels of oil and 465,000 tons of greenhouse gases discharged into the atmosphere. NYPA electricity in the area is used to power state
and municipal buildings, public schools and hospitals, firehouses,
police stations, the Metro-North commuter trains, subways and street
lights and traffic signals. About NYPA: ■ NYPA uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. ■ NYPA is a leader in promoting energy-efficiency, new energy technologies and electric transportation initiatives. ■ It is the nation’s largest state-owned electric utility, with 18 generating facilities in various parts of the state and more than 1,400 circuit-miles of transmission lines. |
|