Financial information contained elsewhere in the Annual Report is consistent withthe financial statements. This was operations group was created. 8. Includes: EnergyNYSERDAs Energy Data, Planning & Policy activities Assurance, Tracking & Assessing Energy Markets, Energyseek to ensure that New York State policymakers Planning & Forecasting, Policy & Program Development,and stakeholders have a solid foundation of objective and Program Evaluation.information and data upon which decisions can bemade. Requirement 6 is a list of all contracts executed and completed during the reporting period including a description of each project. Financial information contained elsewhere in the Annual Report is consistent with the financial statements. Located about a half-hour from Syracuse, hishomestead routinely sees winds faster than forecast for theregion. Clean Energy Standard (CES) - NYSERDA Each licensed broker is required to file a status report with CBP every three years. realized by participating customers. Meldungen and statements available accordingly to the Public Authorities Accountability Action: Annual, Audit, Budgetary, Procurement Contract, Operator and Accomplishments, Bond Sales, Investments, and Disposition of Real and Personal Properties reports, Financial Statements, Inward Control Summary & Certification mailing, and Mission Statement and Performance Measurements. Publications and Technical Reports - NYSERDA The renewable energy infrastructure created by these investments (in-service, contracted, and to-be contracted) will provide the following benefits to New Yorkers: More than 40 million megawatt hours of clean energy annually, More than 25% of the electricity expected to be consumed in New York State in 2030, Eliminating over 20 million tons of greenhouse gas emissions every year, In addition to renewable energy, New York is laser focused on driving down energy demand through investment in energy efficiency. The company will operate in both Albany and Syracuse and has the potential to grow hundreds of jobs in the state. See All Energy Analysis Reports and Studies A collection of NYSERDA analyses of clean energy policies and programs. See All Evaluation Reports Examines numerous clean energy initiatives and provides third-party research-based reports. 2021 Customs Broker Triennial Status Report and Fee Submission Begins Indeed, capturing the full benefits of energy efficiency is a national, even global, challengeone Governor Andrew Cuomo has called that New York State is meeting every day through its investment in research, development, upon policy makers and business and and innovation. Otherliabilities increased $8.4 million (9.0%) primarily due to a $7.2 million net increase in the Con Edison payable and a $0.9million increase in deferred revenue resulting from the receipt of an American Recovery and Reinvestment Act payment forthe establishment of a loan loss reserve under the Green Jobs Green New York loan program and partially offset by therecognition of revenue for settlement funds received from the NYS Department of Environmental Conservation in theprior year. The New York Generation Attribute Tracking System (NYGATS) will record and track information on electricity generated, imported, and consumed within New York State. PVMC is an industry-driven research andOneonta-based company that created ultracapacitors, development initiative to accelerate the development,which are electrical storage devices that can store manufacturing, and commercialization of next-energy for a short time to help extend the life of batteries. Reports and statements available pursuant to the Publicly Authorities Accountability Act: Annual, Audit, Budgetary, Acquisitions Contract, Operations and Our, Bond Sales, Investments, and Disposition about Real press Custom Attributes reports, Financial Statements, Internal Control Summary & Certification forms, and Mission Statement and Performance Measurements. Nopayment was required in fiscal year 2010-11.FINANCIAL ANALYSIS OF FUNDSTotal fund balances for the Governmental Funds increased from $688.8 million to $855.3 million as further describedbelow: The New York Energy $mart fund balance, which accounts for the New York Energy $martSM Program funded through the System Benefits Charge, increased from $360.8 million to $433.4 million due to scheduled collections including an increase in System Benefits Charge funding authorized by the State Public Service Commission (PSC) for 5 47New York State Energy Research and Development Authority (A Component Unit of the State of New York) Managements Discussion and Analysis For the Year Ended March 31, 2011 Unaudited new programs authorized by the PSC under the Energy Efficiency Portfolio proceedings, which was received, but not yet spent. 35Portfolios NYSERDA programs are organized into five portfolios, each representing a complementary group of offerings with common areas of energy-related focus and similar objectives. In addition to these programs, NYSERDA is also advancing offshore wind energy projects through its Offshore Wind Program. than 6,334 low-income households. The fund balance increased from $68.3 million to $109.2 million principally from a transfer from the RGGI fund in the amount of $43.7 million. This years report shows the number of individuals with green jobs in New York State has reached a record level and that despite COVID-19s impact to our economy over the last few years, the State has not only recouped the clean energy jobs lost in 2020, but has now exceeded pre-COVID employment levels. The purpose ofthat report is to describe the scope of our testing of internal control over financial reporting and complianceand the results of that testing, and not to provide an opinion on internal control over financial reporting oron compliance. This year, 2011, is on its way to being a stellar one withThe low-income component of Home Performance more than 2,000 retrofits from January through March.with ENERGY STAR accounted for approximately 20percent of all 2010 projects, helping increase savingsfor New York households with income levels at or below80 percent of the state median income or area medianincome, whichever is higher. Portfolio Manager is an paper towels, 100 percent recycled office paper,interactive energy management tool that tracks and recycled-content paper products, etc.assesses energy and water consumption, and comparesthose results to a national database. That report is an integral part of an audit performed in accordance with Government AuditingStandards and should be considered in assessing the results of our audit.Accounting principles generally accepted in the United States of America require that the managementsdiscussion and analysis and the schedule of funding progress for other postemployment benefits on pages 3through 8 and page 27 be presented to supplement the basic financial statements. challenges requires innovation in a broad range of Initiatives focus on monitoring and understanding technologies across all sectors of New Yorks economy energy-related environmental impacts and finding transportation, manufacturing, power generation, solutions that both improve energy performance and buildings (residential, commercial, and multifamily), and the environment. Kunnumpurath applied for, and received, fundingunder NYSERDAs popular Customer-Sited Wind TurbineIncentive Program. (NY-BEST) Consortium.Regional Greenhouse Gas Initiative (RGGI) Statutory FundsThe first market-based, mandatory cap-and-trade The statutory program is a section 18-a appropriationprogram in the U.S. to reduce greenhouse gas emissions. In addition, other assets increased $3.3 million 3 45New York State Energy Research and Development Authority (A Component Unit of the State of New York) Managements Discussion and Analysis For the Year Ended March 31, 2011 Unaudited(12.0%) due to increases in accounts receivable balances due to the timing of expenditures and billings of reimbursablegrants and due to an increase resulting from loans issued through the Green Jobs-Green New York program.Total liabilities increased $8.5 million (8.5%). These financial statements are theresponsibility of the Authority's management. State appropriation revenue decreased $17.7 million(35.6%) primarily as a result of a non-recurring appropriation recognized in FY2009-10 for the construction of a building atthe Saratoga Technology and Energy Park (STEP) and a reduction in State Capital Budget appropriation revenuesprovided for energy/environmental programs due to a decrease in expenditures during the current fiscal year as comparedto the prior year. Issues annual procurements for eligible renewable energy generators and developers interested in long-term Renewable Energy Certificates (REC) contracts from NYSERDA in pursuit of the States goal of generating 70% of its electricity by 2030. Financial assistance from NYSERDAs Career Pathways programfilled these gaps by funding training in these areas and others, including a coursein understanding the green industry sector. Requirement 6 is a list of all contracts executed and completed during the reporting period including a description of each project. The RES has three parts: Tier 1 obligation for utilities and other LSEs; Tier 2 obligation for older generators in financial risk; and a third, new program focused on offshore wind resources. . At the same time, we support to nurture clean energy companies. NYSERDAs Workforce Development & decisions based on a comprehensive view of their Training Program focuses on building the infrastructure options, while NYSERDAs new building programs necessary to support technical training of workers in support the continued growth of energy efficient building energy efficiency and renewable energy, with a focus practices, and work to transform New Yorks building on new and advanced technologies. No material weaknesses ininternal control or any condition of non-compliance with applicable laws, regulations or policy were noted bythe independent auditors. (NYSERDA) financial performance provides an overview of NYSERDA's financial activities for the fiscal year ended March 31 . The Board of the Authority adopted these financial statements and the Annual Reportat a meeting on June 20, 2011.The Authority maintains a system of internal controls, the objectives of which are to provide reasonableassurance as to the proper authorization and recording of transactions, the safeguarding of Authority assets, thecompliance with applicable laws and regulations, and the reliability of financial records for preparing financialstatements. Restricted net assets (unexpended funds received for particular specified programmatic purposes) increased24.0% to $846.1 million. A report that details these disbursements is included. The plaques are presented to participants whoseThe Industrial and Process Efficiency Program works to new construction and major renovation projects areprovide performance-based incentives to manufacturers designed to perform at least 30 percent better than theand data centers implementing cost-saving energy New York State Energy Conservation Constructionefficiency and process improvements. The facility would pump air intoThe New York Battery and Energy Storage Technology a sealed salt cavern, and the release of that compressed(NY-BEST) consortium was established in 2010 to air would generate electricity, allowing for the storage ofmaximize the states academic and scientific resources energy created by renewable sources during times ofand help technology move from lab to market. 2021 ESG Report. These projects received SUCCESS STORY Large Financial Services Firm Cuts Operating Costs, Saves Energy TIAA-CREF, a financial services organization with $453 billion in combined assets under management, has improved the comfort, reliability, and efficiency of its headquarters building by replacing aging chillers with Trane high-efficiency chillers, upgrading its cooling towers, and installing an ice thermal storage system. @article{osti_5957347, title = {NYSERDA 79 annual report}, author = {Barton, J}, abstractNote = {Development of a balanced energy research, development, and demonstration program geared to the present and future energy needs of New York State continues. efficiency in their homes through New Yorks Great Appliance Swap-Out, a rebate initiative to encourage consumers to replace their older, less energy efficient appliances with new ENERGY STAR appliances and to recycle the ones they discarded. It found that it can earn 12 cents/kWh saved through NYSERDA Industrial and Process Efficiency program (IPE) incentives for projects in Endicott and Poughkeepsie locations with 186,000 square feet of data center space. Program Expenditures increased $54.9 million (15.3%) primarilydue to increased expenditures funded through the American Recovery and Reinvestment Act Stimulus grant funds and theRegional Greenhouse Gas Initiative program. With NYSERDA IPE incentives of $1,084,800 offsetting the cost of these capital improvements, the payback of the project improves by over a year. e carbon pollution and achieve the ambitious target of reducing on-site energy consumption by 185 trillion BTUs by 2025, the equivalent of powering 1.8 million homes. Annual Performance Report: A report submitted annually to NYSERDA for a period of three (3) years from the beginning of the Performance Period for each ADG Production Site and associated ADG-to-Electricity power generation system. NYSERDA began a project last year with Jefferson Towers, a multifamily cooperative building in New York City, to demonstrate that smart- building systems can provide centralized building energy management and occupant comfort by coordinating how room air conditioners run. In addition, using this experience, IBM is developing a repeatable methodology to help clients with their own data center energy-efficiency projects. PDF A. Establishand maintainguidelines fora system of internal - NYSERDA Annual Report for New York State Energy Research and Development Authority Run Date: 10/08/2021 Fiscal Year Ending: 03/31/2021 Status: CERTIFIED Certified Date:06/29/2021 Page 1 of 76 Governance Information (Authority-Related) Question Response URL (if Applicable) 1. Most people actually ask for ENERGY STARthese days, so the best way to get our customers into theshowroom is to promote them, said Mrs. Sheehan. It is imperative that during this time of rapid change we maintain adequate supply necessary to meet a growing demand for electricity. That funding leveraged three-fourths of the states petroleum consumption, andan additional $7 million in additional funds from 40 percent of greenhouse gas emissions in the state.other sources. In January, makes it more affordable for consumers to generate NYSERDA and the state Public Service Commission their own power from wind, solar, and other renewable announced that $250 million from the renewable portfolio energy sources, so they can reduce their electric bills standard (RPS) would be available for large-scale while promoting clean energy. As of March 31, 2011, approximately $3.5 billion of bonds are outstanding. Through NYSERDA, farmers obtained access to $3.2 million in financial incentives to support 75 percent of the cost of electricity and gas efficiency investments. ESG and Sustainability Reports - Hines and policy functions; such objectivity ensures that NYSERDAs reputation among stakeholders as an honestEnergy Data, Planning & Policy arbiter in policy deliberation and program performance is maintained at the highest possible level. In addition, NYSERDA funded high-efficiency lighting. Two of these technologies areof these tax-levying sectors on tax payers. help build New Yorks clean energy future. The thermal storage system shifts energy use to off-peak hours, saving approximately $765,000 per year in operating costs, energy use and demand charges. Photovoltaic Manufacturing Consortium (PVMC) at SUNY Albanys College of Nanoscale Science andNYSERDA has also been working with Ioxus Inc., an Engineering. See All Energy Evaluation & Management Programs, See All Transit & Other Mobility Programs, Hiring Disadvantaged Community Populations, See All Clean Energy Entrepreneur Programs, Radioactive Waste Policy and Nuclear Coordination, See All Entrepreneur & Startup Programs & Expert Advice, Acquisition and Disposal of Real and Personal Property Report - March 31, 2023, Acquisition and Disposal of Real and Personal Property Report - March 31, 2022, Acquisition and Disposal of Real and Personal Property Report - March 31, 2021, Audited Financial Statements - March 31, 2023, Audited Financial Statements - March 31, 2022, Audited Financial Statements - March 31, 2021, Independent Auditor Reports and Management Letter - 2023, Independent Auditor Reports and Management Letter - 2022, Independent Auditor Reports and Management Letter - 2021, Annual Bond Sale Report and Schedule of Bonds Outstanding - March 31, 2023, Annual Bond Sale Report and Schedule of Bonds Outstanding - March 31, 2022, Annual Bond Sale Report and Schedule of Bonds Outstanding - March 31, 2021, Fiscal Year 2023-24 Budget and Financial Plan, Fiscal Year 2022-23 Budget and Financial Plan, Fiscal Year 2021-22 Budget and Financial Plan, Fiscal Year 2022-23 Report of Actual Revenue and Expenditures Compared to Budget, Fiscal Year 2021-22 Report of Actual Revenues and Expenditures Compared to Budget, Fiscal Year 2020-21 Report of Actual Revenues and Expenditures Compared to Budget, Annual Investment Report - March 31, 2023, Annual Investment Report - March 31, 2022, Annual Investment Report - March 31, 2021, MWBE Utilization Plans and Waivers Report, Annual Report on Operations and Accomplishments and Mission Statement and Performance Measurement Report - March 31, 2023, Annual Report on Operations and Accomplishments and Mission Statement and Performance Measurement Report - March 31, 2022, Annual Report on Operations and Accomplishments and Mission Statement and Performance Measurement Report - March 31, 2021, Annual Report on Operations and Accomplishments and Mission Statement and Performance Measurement- March 31, 2020, Annual Procurement Contracts Report - March 31, 2023, Periodic Contracts Report - April 15, 2023, Periodic Contracts Report - December 15, 2022, Periodic Contracts Report - August 15, 2022, Annual Procurement Contracts Report - March 31, 2022, Periodic Contracts Report - March 15, 2022, Periodic Contracts Report - December 15, 2021, Periodic Contracts Report - August 16, 2021, Periodic Contracts Report - March 15, 2021, Annual Procurement Contracts Report - March 31, 2021, Periodic Contracts Report - December, 2020, Periodic Contracts Report - August 15, 2020, Periodic Contracts Report - March 15, 2020, Periodic Contracts Report - December 15, 2019, Periodic Contracts Report - August 15, 2019, Periodic Contracts Report - March 15, 2019, NYSERDA Approved Utilization Plans/Waivers, NYSERDA Annual Reports and Financial Statements, Microsoft Office Apps (Word, Excel, PowerPoint), Doreen M. Harris, President and Chief Executive Officer. Highlights for manufactured within New York State: 1) Advancedthese targeted sectors include the following: Climate Technologies in Schenectady is manufacturing a staged-combustion/gasification F or the more than 1,000 participating schools, the wood boiler that uses sensors to optimize the average school in NYSERDAs free benchmarking oxygen in the combustion chamber (the equivalent program has reduced energy use by 22 percent of going from a carbonator to fuel injection in a per square foot since 2002-2003. 2011 Annual Report - New York State Energy Research and Development AuthorityNew York StatesInnovation EconomyCleantech Thrives in New YorkNYSERDA supported the Empire State Buildingsenergy efficiency efforts, saving this iconic landmark$4.4 million dollars in energy costs annually.The Empire State Building image is a registeredtrademark of ESBC and is used with permission.Table of Contents Letter from the Governor 1 Message from the President 2 Message from the Chairman of the Board 2 Cleantech Thrives in New York 3 Innovation Ecosystem: Creating 7 a Business-Friendly, Cleantech State Cleantech Workforce Development 16 and Training Flourishes Driving Demand for Energy Efficiency 20 Outreach and Education 31 NYSERDA Facts 34 Financial Statements 41NYSERDA Board Members Joan McDonald CommissionerVincent A. DeIorio, Esq. The FIR must . As demand for home solar panels grew, the program budget was regularly exhausted before year-end, creating uncertainty in the market. of particles emitted by up to 80 percent over conventional boilers. Reports and statements available pursuant to the Public Authorities Accountability Act: Annual, Audit, Budgetary, Procurement Contracting, Surgery and Awards, Guarantee Sales, Investments, and Disposition of Real and Personal Properties reports, Financial Statements, Internal Remote Summary & Documentation forms, and Mission Statement the Performance Measurements. strategic public and private partners to support clean energy entrepreneurs across the state and accelerate Energy & the Environment the development and commercial introduction of emerging clean-energy technologies in New York. NYSERDA Annual Report - Flip eBook Pages 1-50 | AnyFlip View flipping ebook version of NYSERDA Annual Report published by awaggoner on 2018-10-03. Learn more by downloading the: View the previous years reports and fact sheets. These Technology Research & Development, STEP, and programs build the market infrastructure to help deliver Business Development. To help track our own achievements, NYSERDA to staff and board membersNYSERDA annually updates our headquarters buildingbenchmark within the Environment Protection Agencys Purchase green office products, such as unbleached(EPA) Portfolio Manager. PDF Annual Report for New York State Energy Research and Development Unrestricted net assets, (which can be used to finance operations without constraints establishedby debt covenants, enabling legislation, or other legal requirements), increased 182.7% to $3.2 million, principally due tounanticipated bond closing fees NYSERDA received for refunding certain utility bonds and from general variances inoperating revenues and expenses of unrestricted funds.Summary of Changes in Net Assets (Amounts in thousands) March 31, % Changefrom Operating Results March 31, 2010 2011-2010Program Revenues: 2011 (35.6%) State Appropriations $31,915 $49,583 6.9% System Benefits Charge Funding 289,913 271,095 44.6% Renewable Portfolio Standard 126,012 87,171 Allowance Proceeds 98,958 125,904 (21.4%) Third-party reimbursements 19,434 (68.4%) Federal grants 6,133 11,999 431.2% Investment income 63,744 10,105 Other Program Revenue 11,481 13.6%General Revenues (Investment income) 6,642 6,252 6.2% Total Revenues 560 (1.6%)Expenses: 551 9.1% Salaries and Benefits 635,349 582,103 13.7% Program Expenditures 15.3% Other Operating Costs 38,381 33,750 (1.9%) Depreciation 413,871 358,957 5.7% NY State Assessments 38.6% Payment to NYS 5,376 5,480 (100.0%) 1,795 1,699 (5.5%) Total Expenses 10,763 7,763 95.6%Increase in Net Assets 90,000 - 497,649 470,186 $84,455 $165,163 446New York State Energy Research and Development Authority (A Component Unit of the State of New York) Managements Discussion and Analysis For the Year Ended March 31, 2011 UnauditedSystem Revenues State ExpensesBenefits appropriationCharge Third-party Program 45.6% 5.0% funding expenditures 1.0% Allowance 88.0% Proceeds Investment Salaries & 15.6% income benefits 1.9% 8.2% Federal grants NYS 10.0% assessments 2.3% Other Renewable Depreciation Other 1.1% Portfolio 0.4% operating costs Standard 1.1% 19.8%Total Revenue increased 9.1% from $582.1 million to $635.4 million. by ARRA monies. government in regard to cost responsibilities at the Center. Working through NYSERDA retailer partners across the state, 165,148 New Yorkers replaced 80,638 refrigerators, 82,616 clothes washers, 4,242 freezers and 2,370 dishwashers during the Swap-Out. made possible as a result of the Green Jobs Green NY Legislation, enables NYSERDA to offer free and reduced- We share the risk with early-stage companies, help cost energy audits and help a broad range of New innovative ideas attract venture capital and give Yorkers reduce their energy costs. NYSERDA files semi-annual reports to the Legislature and the Governor , which provide for frequent and detailed reporting of NYSERDA's competitive solicitations, project awards, expenditures, and financials, which are also posted on the Authority's website. NYSERDA Annual Reports and Financial Statements The $10 million in funding is expected to generate as much as $8 million in annual energy savings for this energy- intensive segment. The report . PDF Annual Report for New York State Energy Research and Development Receive annual compliance certifications. During the fiscal year $43.7 million was transferred to the GJGNY fund towards the $112 million funding transfer required in legislation. 648, The words you are searching are inside this book. Electric Vehicles Indicator Tracking Report Power Trends - NYISO A report that details these disbursements is included. NYSERDAs whole the next-generation of New York consumers, ready building programs for existing structures ensure that to lead in the delivery and adoption of clean energy building and home owners, including tenants, make solutions. Interested in flipbooks about NYSERDA Annual Report? This collaboration enables us to provide incentives for the development and communities, and the public and private implementation of new technologies, ensuring our States leadership in energy efficiency sectors, make informed decisions for while also providing high-tech, clean energy jobs.