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Planning Ahead for Local Law 97

 

Start Planning Today

Local Law 97 (LL97)Link opens in new window - close new window to return to this page. compliance begins in 2024, but implementing energy management strategies for your multifamily properties doesn’t happen overnight, so the time to plan is now. It’s a good time to lay the groundwork for making comprehensive energy-saving upgrades or establishing on-going energy management strategies for your properties.

LL97 is part of New York City’s Climate legislation passed in 2019, a group of local laws aimed at mitigating the effects of greenhouse gas emissions from buildings. LL97 establishes emissions regulations on buildings over 25,000 sq. ft. that are subject to benchmarking.

Benefits

Implementing energy management strategies and installing energy-saving solutions offers many long-lasting benefits for your business, your properties, and your tenants.

  • Improve your bottom line with lower operating expenses
  • Boost tenant satisfaction and reduce turnover by improving comfort and keeping rents affordable
  • Increase the value and marketability of your properties by installing high performance equipment
  • Reduce your carbon footprint and contribute to a cleaner and healthier community

Available Financial Incentives and Guidance

Programs and services are available from NYSERDA and your utility to help start thinking about Local Law 97 while also unlocking the many benefits of saving energy. NYSERDA offers support through every step of your building upgrades, from planning improvements, to installation, to monitoring performance.

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Contact Us

Have questions about which programs would be best for you? Contact NYSERDA at [email protected].

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Uncover Energy-Saving Opportunities for Less

Flex Tech: Get an energy study of your building at 50% cost share that will identify and evaluate opportunities to reduce energy costs and incorporate clean energy into your capital planning.

Low Carbon Capital Planning Support: Get an energy study of your building or portfolio at 75% cost share to help you identify low carbon, energy saving upgrades, resulting in a report that provides a holistic look at expected benefits.


Receive Incentives for High Performance Equipment Installations

NYSERDA Incentives

  • Low Carbon Pathways: Both affordable and market rate properties can access incentives ranging from $700 - $5,000 per dwelling unit for the installation of low carbon upgrades in existing multifamily buildings that aim to bring deep energy savings to major building systems, reduced operation and maintenance costs, and increased occupant comfort.
  • NY-Sun: Receive $.40 per watt through a NY-Sun approved contractor when you install a solar system. Affordable properties can receive $1.00 per watt.

Utility Incentives

  • AMEEP (New York State Affordable Multifamily Energy Efficiency Program): Combined effort of the Joint Utilities of New York and NYSERDA. Affordable properties can access incentives for the installation of energy efficient equipment and technology.
  • Enhanced heat pump incentives: Heat pump incentives are available through your utility
  • Check with your local utility for additional incentives and technical assistance for market-rate and affordable properties

Monitor Progress and Stay on Top of Compliance at Reduced Rates

Real-Team Energy Management (RTEM): Gain actionable insights on to how operate your building more efficiently, avoid unexpected breakdowns, and stay compliant. NYSERDA will cost share 30% of all eligible costs up front.

On-Site Energy Manager: Offers a 75% cost-share for multifamily buildings to hire a dedicated, full-time on-site energy manager