2015 Year in Review - Davetta Thacher

What was your most notable project, deal, transaction or professional achievement in 2015? 2015 was a growth year for combined heat and power (CHP), an integrated building energy system that generates both electricity and heat, reducing energy costs up to 30%. More than 500 buildings in New York State use CHP, a number expected to increase 10% with pending projects. CHP growth was also spurred by innovative funding approaches, no-money-down power purchase agreements, and support from the New York State Energy Research and Development Authority (NYSERDA). And, CHP advances governor Andrew Cuomo’s Reforming the Energy Vision by generating energy at customer sites, increasing energy efficiency and reducing demand on the electric grid. For more information, visit nyserda.ny.gov/chp-acceleration.