More than 7,000 residences will be fitted with energy-efficient lighting and water systems
NEWARK — Public housing residents are about to take out a big chunk of the city’s carbon footprint with the rollout Monday of a $50 million, clean-energy initiative.
More than 7,000 residences will be fitted with energy-efficient lighting and water systems, in what housing leaders are calling the largest energy conservation plan undertaken by a New Jersey housing authority.
Dozens of housing projects will be retrofitted with special boilers, low-flow toilets, and new windows among other items, that authority director Keith Kinard said will significantly reduce energy output, and save millions in utility costs.
"Just under $4 million a year is what we’re expecting in terms of savings," Kinard said, adding that savings will likely increase as time goes on. Kinard said the authority could realize $78 million in savings over 15 years.
The housing authority was able to borrow $50 million for the citywide retrofits, which officials estimate will create 60 jobs in construction, administration, and ...