About 3/4 of NYC greenhouse gas emissions are from buildings.
Inclusive on onsite fuel combustion and offsite electricity generation
Prior NYC local laws mostly focused on documenting energy usage.
Energy efficiency scores benchmarking usage, retro commissioning / audits and metering.
Local Law 97 is the centerpiece of the Climate Mobilization Act, which is comprised of Local Laws 92 - 96 as well.
The Act has also been called NYC Green Deal
LL-97 is the nation's most ambitious energy legislation to date.
As of year 2020
CARES Act
Have you heard? The Coronavirus Aid, Relief, and Economic Security (CARES) Act allows commercial property owners to write off 100% of the investments they make in controls upgrades and retrofits in their taxes.
Click here to discover how owners can benefit from this federal law.
NYSERDA has programs designed to help reduce energy usage.
NYSERDA = New York State Energy and Development Authority
NYSERDA RTEM program is a cost sharing incentive program that partners with building owners and controls
system/service vendors.
RTEM = Real Time Energy Management
Applicable for retrofits and energy services involving smart building technologies.
Smart building technologies such as BMS systems and/or cloud-based analytics platforms.
Existing building owners must pay SBC on utilities bill to be applicable.
SBC = system benefits charge (in most cases buildings owners are already paying this charge)
Grant Butler
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Anoop Mohan
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