Technology.am (Apr. 8, 2009) — New York’s iconic Empire State Building is set to undergo a retrofit that could cut the building’s energy consumption by up to 38 percent, it means an annual energy savings of $4.4 million and could reduce carbon dioxide emissions by 105,000 metric tons over the next 15 years. That’s equivalent to the annual emissions of 17,500 cars, according to reports.
In both the U.S. and EU, buildings–both commercial and residential–are the largest consumers of energy, accounting for 40 percent of the total energy consumption in both locations, according to sources.
The energy-saving measures will initially cost approximately $20 million and will take an estimated two years to implement, according to reports.
The program includes upgrades of the 1931 Art Deco building’s 6,500 windows, radiator insulation, a new air-conditioning and heating system, air handler replacements, energy-efficient lighting, upgraded ventilation control, and an Internet-based system for tenants to monitor their energy use.
“By pursuing these strategies, owners can save millions of dollars and enhance asset values while significantly reducing greenhouse gas emissions,” said Raymond Quartararo, a director at Jones Lang LaSalle, a real estate consultancy that’s helping manage the retrofit.