As part of the Greater, Greener Building Plan, Local Law 87 goes into effect next year. The law requires buildings over 50,000 square feet in New York City to file Energy Audit and Retrocommissioning Reports with the city every ten years, based on the building’s tax lot number. Some buildings will have to comply next year and others will have until 2022 until they first have to file. However, the sooner a building complies with the law the better.
If your building’s Energy Audit & Retrocommissioning Reports are due next year, you should start working on them soon. Energy Audit and Retrocommissioning projects can be time consuming. Depending on the size of the building and the systems in place, an Energy Audit could take upwards of 3 months depending what building documentation exists. A thorough Retrocommissioning project can also take between 6 months and 1 year.
If you are one of the lucky buildings who don’t have to file for another ten years, you should still consider acting soon. According to the PlaNY website:
An energy efficiency report, including both an energy audit report and a retro-commissioning report, can be submitted between January 1, 2006, and December 31, 2013, in order to achieve early compliance. In such cases, the next required report for the building would be due in the tenth calendar year after the first assigned due date for the report; for example if the due date would have been 2015, satisfying the early compliance would make the due date 2025.
This means that, potentially, you don’t have to worry about compliance for 19 years after filing your initial report, if your tax lot ends in “2”. Furthermore, the requirements of the law could change and become more strict over time.
Additionally, there is currently funding for 50% of the cost a ASHRAE Level III Energy Audit (which would exceed the Energy Audit requirements of the Local Law 87) from Con Edison. This funding has a will expire, so using it to comply with Local Law 87 as early as possible will cost you less money upfront. There are numerous other funding opportunities for implementing the recommendations that come out of an energy audit. Performing the audit now will help you secure funding for upgrades that otherwise might have expired, or allow you a longer time period to budget before making updates.
There is a direct benefit to the owner or manager for the building to comply with the law as well. An Energy Audit will provide you with valuable information on where energy can be conserved in your building. By implementing the recommendations from the audit, you will be able to economically reduce your buildings energy consumption and improve your bottom line. Retrocommissioning ensures that your existing building systems are operating as efficiently as possible, leading to energy conservation and improved occupant comfort. The sooner the Energy Audit and Retrocommissioning Reports are completed, the sooner you can start reducing your building’s energy use.
Don’t forget Local Law 84 went into effect in New York in 2010, requiring the same group of buildings to be benchmarked by filing their annual energy use with the City by May 1st each year for the previous year. Buildings out of compliance will be charged $500 per quarter. To avoid future fines, a building should submit their benchmark report to the city as soon as possible.
For more information on complying with Local Laws 84 and 87, please contact us at 866-382-8628 or email@example.com.