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2011 LIFE Regional Meeting Series May 16, 2011 New York, New York Christopher Coll NYSERDA

Home Energy Affordability in New York City & Long Island. 2011 LIFE Regional Meeting Series May 16, 2011 New York, New York Christopher Coll NYSERDA. Home Energy Affordability. The affordability of household energy bills depend on a number of factors: Income Housing Energy.

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2011 LIFE Regional Meeting Series May 16, 2011 New York, New York Christopher Coll NYSERDA

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  1. Home Energy Affordability in New York City & Long Island 2011 LIFE Regional Meeting Series May 16, 2011 New York, New York Christopher Coll NYSERDA

  2. Home Energy Affordability The affordability of household energy bills depend on a number of factors: • Income • Housing • Energy

  3. New York City & Long Island • 42% of New York’s population reside in the five boroughs of NYC; 15% live on Long Island • 4% of the NYC population is age 65 and older; 3% of population on Long Island are 65 and older • 4,430 HDD compared to 5,685 Statewide • 1,782 CDD compared to 908 Statewide (2010) • Median Household income was $50,641 in NYC and $86,028 in LI, compared to $54,554 statewide (2009) Source: USDA Economic Research

  4. New York City & Long Island • Poverty rate of 19% in NYC represents 57% of NYS population in poverty • Poverty rate of 6% on Long Island, also represents 6% of NYS population in poverty • Unemployment Rate of 9.5% in NYC and 7.4% in Long Island in 2010, compared with 8% for the rest of the State • % of NYS foreclosures in March 2011: • NYC- 44% • Long Island- 31% Source: USDA Economic Research

  5. Type of Housing Source: 2009 ACS

  6. Age of Housing Stock Source: 2009 ACS

  7. Home Ownership

  8. Residential Energy End Uses

  9. Residential Electricity Consumptionby End Use

  10. Home Heating by Energy Source Comparison of Regions 2000 US Census, 2009 ACS

  11. Home Heating by Energy Source Households Eligible for Federal Assistance

  12. NYS Residential Energy Price Trends 2006- April 2011

  13. NYS Avg. Annual Electricity Expenditure per Household (6,000 kWh)

  14. NYS Avg. Annual Natural Gas Expenditure per Household (108 Mcf)

  15. Annual Home Heating Oil Expenditure per Household (800 gallons)

  16. Avg. Annual Energy Expenditure Households Heating with Natural Gas

  17. Avg. Annual Energy Expenditure Households Heating with Home Heating Oil

  18. Energy Burden HH Energy Expenses Remaining HH Income

  19. Affordability Gap • Measure developed by Roger Colton (Fisher, Sheehan, & Colton) • “Affordable” home energy bills should be equal to approximately %6 of annual income • Total housing burdens are affordable at 30% of income • Utility costs should be no more than 20% of housing costs • Utility costs affordable at 6% of income • LIFE commissioned a NYS specific study, due out June 2011

  20. Affordability Gap

  21. Affordability Gap

  22. Energy Affordability Source: NEADA 2009 National Energy Assistance Survey, April 2010

  23. Energy Affordability Source: NEADA 2009 National Energy Assistance Survey, April 2010

  24. “Heat or Eat” Source: NEADA 2009 National Energy Assistance Survey, April 2010

  25. Questions? Comments? czc@nyserda.org

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