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2011 LIFE Regional Meeting SeriesMay 16, 2011New York, New York

Christopher CollNYSERDA

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The affordability of household energy bills depend on a number of factors:

• Income

• Housing

• Energy

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• 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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• 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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Source: 2009 ACS

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Source: 2009 ACS

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2000 US Census, 2009 ACS

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HH Energy Expenses

Remaining HH Income

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• 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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Source: NEADA 2009 National Energy Assistance Survey, April 2010

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Source: NEADA 2009 National Energy Assistance Survey, April 2010

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Source: NEADA 2009 National Energy Assistance Survey, April 2010

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