Market Updates

Factoid: Changes to Environment Disclosure Labels

Luthin Associates June 27, 2019 Updated June 30, 2021 1 min read

Factoid: Changes to Environment Disclosure Labels

Summer 2019

As estimated by NYSERDA’s Environmental Disclosure Label data for NY State, alternative sources of energy are on the rise. Comparing 2014 data to that available in 2017, hydroelectric sources went from 5% to 9%. Meanwhile, the use of natural gas went from 56% to 42%.

Not only are alternative sources rising, and natural gas on the decline, but CO2 levels relative to New York State went from an average of 132% in 2014 to 115% in 2017. Programs, policies, and legislation such as generous energy efficiency incentives, NYC’s Climate Mobilization Act, and Reforming the Energy Vision (REV) will result in increased renewables on the grid, which is a trend that we expect to continue.

Written by

Luthin Associates

Founded in 1994, Luthin Associates provides energy advisory services to all industry sectors in the New York Tri-state region and beyond. In 2019, Luthin Associates joined forces with 5, an innovative energy advisory firm comprised of energy innovators, commodity traders, analysts, engineers, and former energy supplier executives. As part of the 5 family of companies, Luthin Associates provides strategic advice on energy-related matters including procurement, demand-side management, rate optimization, regulatory intervention, benchmarking, bill auditing, RFP management, sustainability planning services, renewable power, and distributed generation.

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