New York City - Local Law 97
Rich Energy Solutions is Your "All-in-One" LL97 Solution
Avoid Huge Fines and Violations
"There is an upside! RES will increase your property valve and significantly reduce your operating costs as well".
Rich Energy can Guarantee Your Compliance with Local Law 97
Increase Your Energy Star Score +30 points
- $0 Cost Consultation -
- $0 Cost ASHRAE Level 2 Reporting -
- $0 Cost Survey and LL97 Preliminary Report -
What Rich Energy Provides:
- A FREE Ashrea Level 2 Energy Analysis, Preliminary Energy Score, and Emissions Intensity Report. (specific for LL97)
- Proposal of ECM Measures that Save Energy Usage, Reduce Carbon Emissions, Operating Costs, and Include a Favorable IRR (+30%).
- A FREE, no-obligation, Proposal to Install the ECM Measures (ie: LED Retrofit, Chiller Plant Optimization, BMS Analytics, and more).
- Professional Engineering Design and Construction Drawings.
- A Turnkey Solution - Installation of All Measures and Project Management of all Contractors
- Multiple 100% Financing Options. Click here for more information
- Peace of Mind All-in-One Solution.
Why Choose Rich Energy?
- 100+ years of experience in the construction/engineering industry. We're local, family-owned and operated. We act as your partner with your best interest in mind throughout the entire process.
- We DO NOT charge fees to meet with you, survey the property, or present our report.
- We provide more than just the required emissions intensity report; we'll also engineer, design, and install the work (ECM measures) to assure you avoid fines and violations.
- We'll continue to work with you and your team to help operate your mechanical and lighting systems to save the most money and maximize your ROI.
- We warranty ALL our work for (2) two years plus up to 10+ years provided by select manufacturer warranties.
"Our goal is simple: reduce your energy and operating costs, improve the value of your property, avoid fines and comply with Local Law 97. - Jim Rich, Rich Energy Solutions
Rich Energy has 100+ years of experience in all types of efficiency (ECM) measures to reduce your carbon emissions, energy usage, and operating costs.
FINES AND COMPLIANCE
- $0.50 per building square footage for failure to file the required certified emissions intensity report
- $268 per metric ton of emissions that exceed the building's limits established per occupancy group
- $500,000 fine for producing false statements or reporting
HOW TO PAY FOR MEASURES TO COMPLY WITH LL97
Rich Energy provides multiple 100%, $0 upfront funding options to help you comply with LL97, reduce your energy usage, and save money.
- PACE - $0 upfront, low interest, up to 30-year term, Paid on your property taxes bill.
- Constellation EME "Efficiency Made Easy" - $0 Upfront, Up to 7-year term, Paid on your electric or gas utility bill.
- Leasing and Conventional Loans
DATES IMPORTANT TO REMEMBER
- All building owners must submit their first emissions intensity report by 2025 or start paying fines.
- Yes! fines and violations begin 2025
WHAT SIZE BUILDINGS HAVE TO COMPLY WITH LL97?
- All buildings over 25,000 square feet
HOW TO VIEW YOUR BUILDING'S CURRENT ANNUAL EMISSIONS INTENSITY
To see a building’s annual emissions intensity based on the most recent benchmarking submissions, search by borough-block-lot (BBL) number or type in your street address at Metered.nyc. Scroll down to “GHG Emissions / sq.ft.” which is highlighted in green. Multiply that emissions intensity by a building’s total area (in square feet) to determine annual carbon emissions for the applicable year.
Calculating total building emissions depends on an “emissions factor” applied to each source of energy (e.g. natural gas, electricity or district steam) based on its associated carbon pollution. The benchmarking platform and Metered.nyc use emissions factors from the EPA’s Portfolio Manager tool.
ESTIMATE YOUR POTENTIAL LL97 FINES - "CARBON EMISSIONS CALCULATOR"
The LL97 Carbon Emissions Calculator estimates a building’s carbon penalty as a result of NYC LL97.
Automatically load building data from NYC’s benchmarking database or manually enter information to generate carbon thresholds, potential penalties, and utility cost metrics for three compliance periods.
HOW TO CALCULATE YOUR BUILDING CARBON EMISSIONS LIMIT
The building emissions law sets emissions intensity limits (metric tons of CO2e per square foot) for 10 building categories based on Building Code occupancy groups. But the answer for each individual building is complex.
Many, such as those with more than 35 percent rent-regulated units, are not subject to emissions limits at all (see more below). And mixed-use buildings, such as a residential apartment building with a ground-floor supermarket or retail store, will have limits that reflect their unique blend of occupancy groups.
Below are the 2024 and 2030 carbon emissions limits for multifamily apartments, offices, and hotels. The law provides limits in metric tons of carbon dioxide equivalent; the following table and Metered.nyc express these numbers in kilograms of carbon dioxide equivalent (one metric ton equals 1000 kg). Limits for other building types are listed in the law.