4.6 trillion BTU
Of targeted energy savings
SEP provided NYSERDA the ability to inaugurate market scaling for heat pump technologies and strategies
In heat pump market development and growth
In New York, through sustained support from the State Energy Program, NYSERDA has been informing the decision-making for New York’s historic investment in heat pumps through technical, market and economic analysis. Heating and cooling in buildings represent 32% of New York State’s combustion-related greenhouse gas emissions. In support of the State’s GHG emissions reduction goals – targeting 40% reduction of GHG emissions by 2030 and 85% by 2050 – New York’s Public Service Commission (Commission) has established a statewide target of at least 4.6 Trillion Btu of energy savings from heat pump installations over the period through 2025. SEP provided NYSERDA the ability to inaugurate market scaling for heat pump technologies and strategies through completion of an integrated, long-term Policy Framework to encourage the adoption of renewable, clean heating and cooling technologies (e.g., ground- and air- source heat pump systems) in 2017. In 2019, NYSERDA published its report "Analysis of Residential Heat Pump Potential and Economics." Going forward, SEP will maintain NYSERDA’s technical and analytic approach to heat pump market growth, influencing both the outcomes directed by the Commission and helping to leverage NYSERDA’s investment of approximately $200 million in heat pump market development and growth.
Contact Information for the New York Energy Office