ALBANY – A total of $40 million federal stimulus funding has been awarded to New York municipalities, public schools, universities and colleges, hospitals and not-for-profit agencies to support 118 energy conservation projects.

The energy efficiency, renewable energy and clean fleet projects will reduce energy and operating costs by $13.5 million annually and fully return the initial investment in just under 7 years.

The projects, which were competitively selected through the State Energy Program, represent the program's second round of funding that will total $74 million. Additional awards are expected to be made before the end of the year. Measures funded include installation of lighting and lighting controls, heating, cooling and controls, building envelope, photovoltaic systems, high efficiency biomass boilers, solar thermal, small wind generators and alternative-fuel refueling stations and vehicles.

The following tables show the distribution of funds by region and by sector: