NYSEG gives grants to BU for its energy efficient infrastructure

By Jillian Marshall

NYSEG gives grants to BU for its energy efficient infrastructure

February 26, 2014 Updated Feb 26, 2014 at 4:50 PM EDT

Vestal, NY (WBNG Binghamton) Binghamton University received close to $1 million in grants thanks to New York State Electric and Gas.

NYSEG awarded BU with two $400,000 economic development grants on Wednesday afternoon.

The grants come from NYSEG's Utility Infrastructure Investment Program, which provides up to $400,000 per project for heavy use customers, like the university.

"To be able to do this and actually help facilitate businesses grow, university specifically, it's a wonderful feeling. It reinforces our commitment to the community," said President and CEO of NYSEG Mark Lynch.

These grants will help offset costs for electric infrastructure improvements in the recently completed Science V building on campus and the nearly completed Center of Excellence building on the Innovative Technologies Complex, which was built energy efficient.

"It has natural ventilation, natural water cooling of the building, using run off water from the rain that hits the building, green roof, solar panels, it's an incredible design," said Binghamton University President Harvey Stenger.

The grants come from NYSEG's Utility Infrastructure Investment Program, which provides up to $400,000 per project for heavy use customers, like the university.

Before 2011, universities were not able to receive these economic development funds. Binghamton University, NYSEG and Assemblywoman Donna Lupardo supported the change, and in November 2011 the New York State Public Service Commission approved to allow universities.

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