The Empire State Building and its authorized agency buildings are now running on clean and green energy stored entirely from wind power.
Empire State Realty Trust, Inc., a reputable skyscraper-owned trust, including New York City and Connecticut, has announced this week that it has signed a three-year agreement with Green Mountain Energy that will see the original estate giant renewable energy from 300- Bought more hours (kWh), enough to use their total power. The world’s most famous skyscraper has driven by renewable energy for more than a decade, but this latest deal will see the trust’s entire asset portfolio “turn green”. This will see the Empire State Realty Trust become the single largest commercial real estate user of renewable energy in the United States.
“We have been buying renewable electricity from Green Mountain Energy for the Empire State Building, the world’s most famous building for a decade. We will now extend it to all numbers in New York State with additional direct power deals for our Connecticut property, ”SVP Dana Robbins Snyder, Empowerment, Sustainability and ESG Director of the Empire State Realty Trust, said in a statement.
In practical terms, this does not mean that the Empire State Building and it is associated properties will be bound by a load of wind turbines that provide direct electricity to the buildings. Instead, the trust will effectively pay for the supply of energy generated from renewable sources to cover the electricity for their property use. The new agreement will ensure that one kilowatt-hour of electricity used for every kilowatt-hour of electricity used in the properties of the Empire State Realty Trust will be added to the green energy grid.
The plan has some business incentives, but it is far from a witty public relations system. The deal effectively curbs the production of 450 million pounds of carbon dioxide. According to the agency, this is equivalent to removing all NYC taxis for a year or turning off the lights on every home in the city for a month.
Empire State Realty Trust is the largest real estate company to take this step, and several other large firms have done similar work in recent years. Google, Microsoft, Intel, Apple, Equinix, Bank of America, Well Fargo, Starbucks and many corporations that are more reputable gather all their energy from renewable sources, according to the Environmental Protection Agency (EPA). These include solar, wind, geothermal, biogas, viable biomass and low-impact hydropower. Some of these corporations even purchase enough renewable energy to cover more than 100 percent of their energy use that means they are putting more green energy into the system than they are receiving.