Local Law 84 requires yearly benchmarking information to be submitted by building owners with over 50,000 sq feet for civic disclosure by 1st of May. This will give transparency for water and energy usage and inform owner of the building as well as tenants to make their place more efficient.
The Benchmarking Regulation
• The Department of Buildings in New York City has imposed a regulation to give information on the process of benchmarking to meet the terms of LL84.
• In general, local law 84’s yearly benchmarking procedure needs the following:
• Know if the building requires to be benchmark through assessing the CBL or Covered Building List.
• Determine the building water and energy use through utilizing benchmarking tool online called Portfolio Manager. This is an online benchmarking tool which monitors and measures water and energy use in building. This remarkable tool is created by EPA or the United States Environmental Protection Agency Energy Star Program.
• Submit usage information online to Ney York City by the 1st of May.
local law 84
Local law 84 has quarterly limit if the 1st of May cut-off date is missed; 1st of May, 1st of August, 1st of November as well as February 1st. If the building owner fails to submit the benchmarking report on or before the given deadline or by the last quarter cut-off date, then it means that they have violated the law and has a corresponding penalty. So, make sure that before February 1st, you have submitted the report in order to avoid violation and make sure to recompense the 500 dollars fine. You can visit the NYC website for further information regarding this sensitive matter.
Article Reference : Energy Efficiency Firms NYC
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