Are you a building owner in New York City? Are you looking to reduce energy use and save on costs through benchmarking? Then it’s essential that you avoid common mistakes when trying to analyze your energy usage data. While NYC benchmarking requirements remain an often-confusing area, if the imperative criteria are met and best practices followed, there is much potential for significant cost savings, improved asset value, and tenant comfort. In this blog post, we'll delve into the biggest NYC benchmarking pitfalls so that you can be sure to get the most out of benchmarking for your building portfolio or individual structure.
What Is NYC Energy Benchmarking?
NYC energy benchmarking is an initiative created by the Environmental Protection Agency (EPA) to help track, measure, and compare a building's usage of both energy and water.
The only way to comply with NYC benchmarking requirements is by utilizing ENERGY STAR Portfolio Manager, a tool that takes into account factors such as utility data and energy audit information in order to calculate each building's ENERGY STAR score.
This score then helps shape NYC's Energy Efficiency Rating system and provides New Yorkers with relevant insight into the level of efficiency in their surrounding buildings.
Biggest NYC Benchmarking Mistakes And Common Pitfalls
When it comes to NYC benchmarks, unfortunately, there are several pitfalls and mistakes that can be made. Here are some of the frequent missteps most companies make in the same way:
Not Considering The Context Of Your Project
Benchmarking is a great tool, but it can only be successful if you have an understanding of your own context and the data you’re working with. Before you start benchmarking, take the time to understand your project goals, data sources, and limitations.
Not Setting Up A Baseline
Establishing a baseline is essential for benchmarking, as it helps you measure progress over time and identify areas of improvement. A baseline should include data such as energy use, greenhouse gas emissions, and costs associated with the project.
Not Utilizing Available Resources
NYC has a wealth of resources available for benchmarking, from data-driven tools to local experts. Take advantage of these opportunities and use the most up-to-date information available to ensure the accuracy and optimization of your project.
Not Planning For The Long-Term
Benchmarking isn't a one-time exercise. It's an ongoing process that needs to be revisited regularly in order to assess progress and make future adjustments. Planning for the long-term will help ensure success and reliability with your benchmarking efforts.
Not Communicating Results
Benchmarking should be thought of as a collaborative effort, and one that should be shared with stakeholders. Don't forget to clearly communicate results from benchmarking projects so everyone is on the same page and can understand progress.
By avoiding these pitfalls, you’ll be well on your way to successful NYC benchmarking.
NYC Benchmarking Requirements
New York City's Benchmarking Law is a groundbreaking requirement for buildings larger than 50,000 square feet to track and report their building energy and water use every year. This allows landlords and tenants to understand how much energy and water their building is using and identify opportunities for increased efficiency.
In addition, the local law helps employers, landlords, and tenants better measure the impacts of existing sustainability initiatives while also enabling landlords, property managers, and real estate professionals to better assess the improved performance of energy of prospective immigrants. NYC Benchmarking Requirements are not only important for reducing emissions but also encourage investments in renewable energy solutions.
Ultimately, these requirements ensure that New Yorkers can access accurate information about the evaluating performance of buildings in order to make smart decisions regarding investments into sustainable solutions.
Deadline To Comply With The NYC Benchmarking Law
The City of New York's Benchmarking guideline is not just important but essential for reducing the city's carbon footprint. By submitting detailed information on energy performance, occupancy, space use, and hours of operation, company owners and managers have a chance to gain insight into their building's true efficiency.
Establishing this benchmarking can lead to greatly reduced energy costs - they'll be able to effectively detect any inefficiencies and make necessary changes that could prove highly cost-effective in the long run. For those interested in running an environmentally-responsible business in NYC, May 1st is an absolutely crucial deadline!
How Can You Start Using NYC Benchmarking Law?
The NYC Benchmarking Law is a great way to assess average performance and create energy-efficient buildings. To get started, building owners and operators should first complete benchmarking for their buildings online in the Department of Buildings' “Benchmarking Help” guide.
This guide contains simple steps for building owners to compare their energy usage with other local buildings and identify ways that they can reduce their energy consumption. Building owners should also track their building's Energy Efficiency Ratio (EER) as they make changes over time. The EER helps them evaluate how successful they have been in making progress towards improved efficiency.
By utilizing the NYC Benchmarking Law, building owners can find money-saving opportunities and improve standards of sustainability in the city.
Comments
Post a Comment