NYC will spend $200 Million to save $5 Million in annual heating costs. I'm searching for more information on this. 20 housing developments will be involved, steam and hot water systems 'modernized', and in some cases heat and hot water systems will be separated to allow repairs to boilers to be made without affecting hot water supply. Isn't that more expensive to operate?
A few years ago the city seemed intent on retrofitting the old steam systems--a sure way to save big $$.