ECR International has already invested $10 million in upgrading its Utica and Dunkirk facilities retaining and creating 35-40 jobs, with approximately another $5 million in planned further investments that will add 300 more jobs in the next few years as a result of the enactment of this very important measure.
Utica, NY (PRWEB) September 10, 2009
ECR International today announced its support of the legislation, signed into law Aug. 27 by Governor Paterson, which expands New York State's current net metering law to include residential micro-combined heat and power (micro-CHP). Micro-CHP technologies, like ECR's freewatt system, combine an ENERGY STAR-rated, high-efficiency natural gas or propane furnace or boiler with a Honda co-generator to produce heat and electricity for homes.
"The inclusion of micro-CHP as an eligible technology in New York State's net metering law is extremely significant," said Michael Paparone, president and CEO of ECR International. "Net metering will allow micro-CHP homeowners to offset the cost of electricity they purchase from a utility by selling any excess power they generate back to the utility. We estimate this will save New York State homeowners approximately $1,000 per year."
The previous law permitted net energy metering for residential solar, farm waste, non-residential solar and residential and/or farm service wind electric generating systems. The amended law also requires electric corporations to permit net energy metering for micro-CHP generating equipment and to provide for the interconnection to the electric system of micro-CHP systems in the same manner as other eligible technologies.
"I am very pleased that this new law will encourage economic investment in skilled New York jobs, which includes our local residents who work at ECR International in Utica as well as those New Yorkers who work at the facility in Dunkirk," Assemblywoman RoAnn Destito (D/WF-Rome) explained. "ECR International has already invested $10 million in upgrading its Utica and Dunkirk facilities retaining and creating 35-40 jobs, with approximately another $5 million in planned further investments that will add 300 more jobs in the next few years as a result of the enactment of this very important measure."
The amended law takes effect immediately, but allows New York electric utilities three months to prepare for the appropriate changes. ECR International will be working with the utilities to help establish the procedures required to comply with the new law.
"New York State and its residents face significant energy and climate change challenges," said Sen. David Valesky, D-Oneida, who introduced the bill to the Senate on April 15, 2009. "Energy efficiency continues to be the most cost-effective and the most immediate way to reduce the burden of rising energy and environmental costs, as well as our energy-related carbon footprint."
Micro-CHP has been identified by the United States Environmental Protection Agency (EPA) as one of its 2009 Climate Choice technologies. According to the EPA, Climate Choice is a new partnership program that recognizes emerging technologies that have the potential to substantially reduce greenhouse gas emissions once they are more widely adopted.
For more information on freewatt, visit http://www.freewatt.com.
ECR designs, manufactures and markets hydronic and HVAC equipment for residential, commercial, institutional, and hospitality markets. ECR currently operates manufacturing facilities in Utica and Dunkirk, N.Y., and distributes boilers, hydronic controls, furnaces, ductless air conditioning systems, vertical packaged air conditioners and heat pumps, and package terminal air conditioners under 10 brand names.