Lime Energy Statement of Support for New York Governor’s State-of-the-State Announcement

Governor to Call for New State Energy Efficiency Target by Earth Day 2018

BEACON, N.Y. & BUFFALO, N.Y. & EAST ROCHESTER, N.Y.–(BUSINESS WIRE)–New York Governor Andrew M. Cuomo announced yesterday the policy
proposals contained in today’s “State of the State” address. Among these
new initiatives for 2018 is “New York's Clean Energy Jobs and Climate
Agenda,” which contains a directive for establishing a new and enhanced
energy efficiency target for the state in early 2018. Details on the
proposal are available on the Office
of the Governor website. In response to this announcement, Lime
Energy’s President and CEO Adam Procell released the following statement:

“Lime Energy is grateful to Governor Cuomo and his policy team for
taking this important step. By instituting a robust energy efficiency
target, New York can reclaim its leadership position among the states
advancing common-sense energy efficiency policy. An efficiency target is
among the lowest cost, most effective ways to make energy more
affordable for New York’s residents and businesses, while creating jobs,
boosting economic competitiveness, and curtailing New York’s emissions
output.”

“Without a sizeable increase in activity in making homes and businesses
more energy efficient, New York’s groundbreaking “Reforming the Energy
Vision” policy, and its ambitious Clean Energy Standard, will be
difficult to meet and unnecessarily costly for ratepayers. Lime Energy
is prepared to support the development of the new energy efficiency
target, and we are committed to redoubling our contribution to economic
growth and job creation across New York.”

About Lime Energy Co.

Lime Energy is building a new energy future. As a leading national
provider of energy efficiency products and services to utilities and
their commercial customers, Lime Energy implements small business energy
efficiency programs that consistently exceed program savings goals. Lime
Energy has significant operations in the Lower Hudson Valley, Central
New York, and in the Buffalo region, predominantly serving small
business customers. Small businesses are a huge part of any local
economy, constituting 96% of all commercial customers and creating 65%
of all jobs over the past 20 years. Small business utility programs and
Lime Energy are helping customers in this important, yet difficult to
reach, segment save on their utility bills and improve their businesses,
while greening their communities.

Contacts

Lime Energy Media Relations
Christopher Maresca, 201-416-2575
[email protected]