NYC energy benchmarking: what are new rules and regulation

 

For a city as bustling and diverse as New York City, finding ways to promote energy efficiency can be an arduous task. This is why the NYC Energy Benchmarking Law was introduced in 2011. It requires owners of large buildings to track their energy usage and compare themselves against others with similar properties and characteristics.

By submitting data regularly, they can work towards improving the overall efficiency of these structures while reducing their carbon footprint at the same time—an added bonus!

With this blog post, we’ll go over some key points about the latest rules and regulations surrounding NYC energy benchmarking laws so you have all the information you need for compliance.

What Is NYC Energy Benchmarking?

NYC energy benchmarking is an energy efficiency framework that collects energy and water consumption data from thousands of buildings in the city.

By analyzing this information, landlords can proactively monitor and track energy use, compare their energy consumption against similar buildings, identify cost-saving opportunities, and improve their energy performance over time.

Additionally, NYC energy benchmarking offers a simple solution that helps property owners make informed decisions on energy projects and upgrades while helping New York City meet its energy reduction goals through increasing energy efficiency.

A Step-By-Step Guide To NYC Energy Benchmarking

Navigating energy efficiency measures in NYC can be a daunting process, but it doesn’t have to be! It is possible to reduce energy costs and energy use with the energy star portfolio manager, which is an energy benchmarking platform specifically designed for New York City buildings.

By following a few easy steps, you can keep your building in compliance with NYC's energy benchmarking law. To get started, log in to energy star portfolio manager and create an account that will allow you to input energy usage data from your building. Next, provide details about the type of fuel used in each system.

Finally, compare energy performance metrics over time and take actionable steps to increase energy efficiency within your property. With an understanding of these steps, anyone can upgrade their building’s energy performance under the guidance of the New York City benchmarking law!

Requirements For NYC Energy Benchmarking Program

The NYC Energy Benchmarking Program has specific requirements for building owners and operators. Buildings in NYC that are larger than 50,000 square feet or have either 8 or more residential units or 2 commercial units must report their energy usage annually.

The benchmarking is done through the Environmental Protection Agency “ENERGY STAR” system and when the annual report is submitted to the City it determines whether your building qualifies for certain incentives such as a one-time loan of up to $100,000 to help make energy efficiency upgrades.

Submitting an annual report is also helpful tool if you're looking to invest in green technology and take advantage of potential tax credits as well other government programs designed to reduce carbon emissions and promote sustainability. It certainly pays to stay up on the most recent requirements of the NYC Energy Benchmarking Program!

New Rules And Regulations For NYC Energy Benchmarking

With the adoption of Local Law 84, New York City has moved to increase energy efficiency within the city. This law calls for large buildings to annually report their energy and water use information, known as energy benchmarking.

With this new rule, owners and operators throughout the city now have a detailed look into how much and where they're using energy.

While this let’s them assess their effectiveness of existing or newly implemented conservation measures, it also helps the city track usage trends and develop proposals for policies and projects that are in line with their sustainability goals.

Energy benchmarking can be an invaluable tool to those looking to maximize their savings while minimizing their environmental footprint.

Deadline To Comply For NYC Energy Benchmarking

The NYC Benchmarking Law is a law that sets Energy Efficiency Scores and requires owners of large buildings to report their energy usage to the Department of Buildings. All property managers must take action prior to the May 1, 2021 deadline in order to be compliant with nyc benchmarking decrees.

The energy efficiency score is determined by evaluating building characteristics such as square footage and number of units, as well as all the energy consumed and produced within the design space.

As required by NYC's Benchmarking Law, notify tenants, submit their reports online via ENERGY STAR Portfolio Manager, and use valuable tips from NYC's Greener Greater Building Plan before the May 1st deadline.

Property Managers need to take action to ensure that their properties are appealing to potential tenants seeking spaces with good green ratings and improved air quality.

How To Start Energy Benchmarking?

Starting an energy benchmarking program in New York City is an excellent way to save local businesses money and resources. An energy benchmarking program helps managers identify areas in their building where energy can be saved and wasted.

To start, the NYC Department of Buildings requires that all buildings with more than 50,000 square feet of space report their annual energy and water use.

This data is then compared to other similar buildings in New York City so business owners can compare how much energy or water is used in their building compared to others nearby.

Once this data is collected, city-certified partners can help building owners develop retrofit plans and support them with technical assistance to reach greater efficiency in their building's performance.

By taking these steps, NYC businesses have the potential to reduce their overall emissions while saving money on their utility bills.

Conclusion

Benchmarking your building is the first step in reducing energy consumption and costs. The new rules and regulations set forth by Local Law 84 of 2009 are designed to do just that—help New Yorkers save money and conserve energy.

If you own or operate a city building, it’s important to stay up-to-date on these changes so that you can avoid penalties and improve your bottom line.

We can help you navigate the complicated world of NYC benchmarking so that you can stay compliant and reduce your energy costs. Contact us today to get started.