30 Apr Local Law 84/133 Benchmarking – Deadlines Extended
Due to the ongoing COVID-19 public health emergency, building owners who are not able to submit their 2019 benchmarking information by May 1, 2020 will not be issued a violation for non-compliance if they submit a fully compliant report by August 1, 2020, the New York City Department of Buildings (DOB) has announced. In addition, payments for benchmarking violations are required to be submitted in eFiling.
“What is NYC Local Law 84 and LL133?”
Benchmarking measures a building’s Energy and Water use to establish a baseline from which to measure all future improvements. The metrics of a benchmarked building are compared against similar buildings throughout the United States to produce an ENERGY STAR Benchmarking “rating.” The resulting metrics are also used to calculate a building’s greenhouse gas emissions.
If you have a building in New York City that is 25,000 square feet or larger, you are required to benchmark your building’s energy consumption. This mandate was instituted in 2016.
Building owners who do not submit benchmarking information by May 1, 2020 will receive a reminder to submit by August 1, 2020 in the form of a Notice of Non-Submission. Applicants who have not submitted a fully compliant report by August 1, 2020 will be subject to violations for each quarter that they have been non-compliant.
Why should I benchmark my building?
- Compliance with Local Laws – Energy Benchmarking is an important aspect of Local Law Compliance in New York City and New York City Local Law 84. New York City Local Law 133 mandate Energy Star Benchmarking.
- Increase Profitability by Being Energy Efficient – Energy Benchmarking tells a building owner about their Energy Usage. It is a key step in identifying opportunities to increase profitability by lowering energy and operating costs.
- Effective Management by Measuring Energy Usage – Through benchmarking, the key metrics for assessing performance are identified, baselines are established, and goals are set. This process helps to identify the key drivers of energy use and provides an important diagnostic tool for improving performance.
- Make Smart Energy Investments – By evaluating trends and variability in energy use, benchmarking can improve management decisions on investments in energy-related projects. Developing a historical perspective on current and past energy use provides a context for those decisions.
Make a smart investment by investing in Energy Benchmarking with The Cotocon Group. We, at The Cotocon Group hold 10 years of Energy Expertise with a proven track record of Accurate Benchmarking Reports, timely compliance, Detailed insights and result oriented approach. We help building owners by Benchmarking their buildings and easy compliance with Local Laws.
Get in touch with us today!