'Smart Meter' System Not Popular With New York Landlords

In an effort to track and reduce energy use, large buildings in New York City have been eligible for a system that monitors energy use by the hour. But few building owners have signed up.

1 minute read

March 11, 2010, 12:00 PM PST

By Nate Berg

The "smart meters" can be installed in very large New York City buildings to monitor energy use by the hour, and it will be expanded to some smaller buildings.

"But since it was introduced, the program has attracted just a small percentage of the landlords who can use it. Bob McGee, a spokesman for Con Ed, said that about 100 of 790 eligible buildings use the program now, and that 330 of a potential 1,200 have signed up to begin in May next year.

'It doesn't seem to make sense for the New York market,' said Edward M. Fallon, president of the Building Owners and Managers Association of Greater New York."

FULL STORY: A Reluctance to Ride the Market

Tuesday, March 9, 2010 in The New York Times

Energy Government / Politics Urban Development New York New York City smart meters View More

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