LL 87 NYC Specialists, Carleton Energy Consulting, Shares Helpful Information to Building Owners for Winter about Local Law 87 in New York City. Continue reading
Nov 19, 2014 /prREACH/ -- With winter approaching fast, NYC building owners are counting on Carleton Energy Consulting to provide guidance and direction to comply with Local Law 87. The new law was designed to reduce the city’s carbon footprint and energy waste. But as temperatures drop fast, owners and building managers are wondering how the law may impact them. For property owners, Carleton Energy Consulting provides Local Law 87 Auditing, retro commissioning, energy auditing, consulting, solutions, procurement and boiler management.
“An integral part of doing business, compliance with Local Law 87 isn’t simply a good idea, but mandatory. In fact, incomplete or missing energy audits may result in fines and property owners need to know that noncompliance may have a negative impact on bottom line. Lower waste reduction translates into lower fuel costs,” says Jeff Carleton, president of Carleton Energy Consulting. Here is some important information on Local Law 87:
Who Is Affected by Local Law 87
For many property owners, understanding Local Law 87 can be a bit challenging. The law in its entirety can be accessed online at the NYC Green Building & Energy Efficiency Website. However, having a copy in hand is often not enough and many property owners and building managers simply are unprepared to bring their buildings into compliance.
What types of buildings that must comply
According to the law, all single structures in excess of 50,000 square feet and two or more buildings on a single lot in excess of 100,000 square feet must comply. However, for condominium owners, the single tax lot description does not apply when there is a single board of managers. In this case, condominium property owned by an association or board with two or more buildings in excess of 100,000 square feet must comply regardless of the number of tax lots.
Tax block reporting is also somewhat confusing. In efforts to eliminate overloading the system with too many new audits, local government designed a “graduated entry” for compliance. Each property owner has a specific year by which they must comply. It’s worth noting, owners do not have to wait until the assigned time, and may choose to bring buildings into compliance immediately to save money.
Generally, energy evaluation and assessment takes 3 or 4 weeks to complete, but retro-fitting may take months. With delays common, it makes sense to start the process as soon as possible to secure the quickest return on investment. For owners that are considering their options with Local Law 87 and would like to learn more about how to reduce utility consumption for cost savings, Carleton Energy Consulting may be the best solution. For more information about Carleton Energy Consulting go to http://CarletonEC.com or call 516-672-8277.