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1 2011 LIFE Regional Meeting Series May 16, 2011 New York, New York Christopher Coll NYSERDA
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2 The affordability of household energy bills depend on a number of factors: Income Housing Energy
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3 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
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4 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
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5 Source: 2009 ACS
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10 2000 US Census, 2009 ACS
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18 HH Energy Expenses Remaining HH Income
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19 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
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22 Source: NEADA 2009 National Energy Assistance Survey, April 2010
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23 Source: NEADA 2009 National Energy Assistance Survey, April 2010
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24 Source: NEADA 2009 National Energy Assistance Survey, April 2010
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