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Local Law 84?
Does the below offer sound reasonable, and does anyone have any information on the cost of this service?
Our Management co has informed us that buildings over 50,000 sq ft have to report energy usage to the city. Reporting must be performed through a federal government computer software program, and must be done by May 1st of 2011 and then every year on May 1st moving forward.
Our MangCo has offered us a deal in which, for $400 per year, a leading New York City energy company with expertise in this new requirement has agreed to include an additional service in their per-building fee. In addition to filing an accurate and timely energy benchmarking report, this company will also provide an Energy Score card that will enable each property to track its own energy data and compare it to substantially similar properties. This will assist with budgeting and with planning green and sustainable projects for our client properties.
Anyone have any info? Thanks, HG
In case this helps, I found this helpful
http://www.habitatmag.com/Publication-Content/2010-March/Web-Exclusives/New-Energy-Conservation-Code
Definitely helpful. There is so much out there about this law and the "Co-Op/Condo Ombudsman Law" & the "Energy Audit and Retrofits Bill" that I would suggest all who are impacted by these laws begin looking at compliance as early as possible for several reasons. Two big reasons: 1) There may be rebate and incentive programs available to help offset cost of compliance. One example: the installation of an energy management system can cut energy costs by 15-20% and be eligible for a rebate through Con Edisons Commercial/Industrial program. This rebate can be as high as 70% of total project cost up to $20,000. Also, address inefficient lighting now, including both common area and exterior lighting. There are rebates available for this as well. Now, while not ideal, the savings from lighting upgrades and an EMS can be dedicated to any costs associated with complying with these new laws.
Another HUGE advantage of proactively pursuing compliance with many of the new energy laws is that the cost to comply, be it abandonment of #6 oil or inefficient lighting will only increase as we get closer to mandated deadlines. The cost to convert from oil to gas, retrofil lights, conduct benchmarking will continue to get more expensive as deadlines approach. There is no reason NOT to at least look into all of this now. It will be very costly to be reactive as opposed to proactive with regard to these laws.
Are there any penalties or fines for not complying in time or at all with this law ?
Yes there are. I will get u the specifics tomorrow.
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This certainly does sound reasonable. Although I would want to know what information this company will provide you with regarding an Energy Action Plan and recommendations based on their findings. Through their benchmarking process are they going to identify aspects of your buildings mechanical systems that are not operating at an optimal level? Will they make suggestions as to how best to achieve mechanical optimization? Will they prioritize recommendations based on immediacey of impact, payback period and benefit cost ratio over the next 5, 10, 15....years? The EPA Portfolio has it's advantages, one being it's free as far as cash in concerned. What will the benchmarking company do with the information is what should be of concern. Please contact me should you have any questions.
Eric
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