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NYC Benchmarking: How Public Energy Scores Are Changing Buildings

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If you own or manage a building in New York City, you’ve probably heard about benchmarking NYC. Maybe it sounded like just another piece of red tape. But the truth is, it's a lot bigger than that — and it’s already changing the way buildings are run all across the city. In short? Your building’s energy efficiency score is now public. Everyone can see it. Tenants, buyers, investors — they’re all paying attention. And that’s putting real pressure on property owners to step up their game. Let’s talk about what’s happening, why it matters, and how you can stay ahead. What Exactly is Benchmarking NYC? Benchmarking is basically about keeping score. Every year, building owners need to track and report how much energy and water their properties use. That info gets submitted to the city, thanks to a rule called Local Law 84 . But here’s the part that caught a lot of owners off guard: New York doesn’t just collect the data — it publishes it. That means anyone — potential tenants, buyers, eve...

How to Leverage Technology for Better EBEWE Compliance

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                                Energy and water efficiency are becoming critical benchmarks for evaluating the performance and sustainability of buildings. As urban infrastructure ages and utility costs rise, regulatory programs such as the Existing Buildings Energy and Water Efficiency (EBEWE) Program offer a vital framework for ensuring that large buildings contribute to a greener, more resource-efficient future. More than just a mandate, EBEWE presents an opportunity for property owners and facility managers to adopt smarter technologies that streamline compliance, reduce operational costs, and support long-term environmental goals. The program, initiated by the City of Los Angeles, mandates large buildings (over 20,000 square feet) to benchmark their energy and water usage annually and undergo performance audits every five years....

How Does Local Law 84 Benchmarking Impact Property Values?

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  In an era of increasing environmental awareness and regulatory oversight, energy efficiency has become a critical factor in real estate. One such regulation that significantly influences New York City’s property market is Local Law 84 Benchmarking . Introduced under the Greener, Greater Buildings Plan (GGBP), Local Law 84 requires owners of large buildings to annually measure and report energy and water consumption. While the law is aimed at improving energy efficiency, it has broader implications — particularly for property values . Local Law 84 Benchmarking has a direct and indirect influence on property values through several key mechanisms. Understanding these impacts is essential for property owners aiming to make informed decisions and maintain competitiveness in the evolving real estate market. Understanding Local Law 84 Benchmarking Local Law 84 (LL84) requires owners of large buildings in New York City—those over 25,000 square feet or part of a group totaling over 100,0...

Why Your Commercial Building Needs an Energy Management Plan Today!

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  In today's fast-paced world, managing energy efficiently is not just an option but a necessity, especially for commercial buildings. The increasing demand for sustainable energy solutions, coupled with stringent regulatory requirements, is pushing businesses to rethink their energy strategies. Implementing an energy management plan is no longer a luxury but a critical component of operational success. Here's why your commercial building should adopt an energy management plan immediately.    1. Cost Reduction through Efficient Energy Use  Commercial buildings are significant consumers of energy, often leading to high operational costs. An effective energy management plan can significantly reduce energy consumption, thereby lowering these costs. Energy management tools are designed to analyze energy usage patterns and identify areas where energy waste can occur. By addressing these areas, businesses can not only reduce their energy bills but also enhance the overall...