NYC Local Law 84 Compliance
What it is?
New York City passed a new law in December 2009 entitled Local Law 84. This new law now requires that all buildings that meet a certain size requirement are required to benchmark, or input their energy usage into an online benchmarking program of the U.S. Environmental Protection Agency known as "Portfolio Manager."
Failure to benchmark will result in a penalty of $500, with continued failure to benchmark leading to a $500 penalty per quarter per violation.
Frequently Asked Questions regarding Local Law 84:
1. How do I know if my building needs to be benchmarked for energy usage?
- Local Law 84 defines Covered Buildings as any building greater than 50,000 gross square feet, two or more buildings on the same tax lot that together exceed 100,000 gross square feet, or two or more condominiums with the same board of manager that together exceed 100,00 gross square feet.
- A list of Covered Buildings is provided at the following website - http://www.nyc.gov/html/planyc2030/downloads/pdf/benchmarking_covered_buildings.pdf
- The square footage for an individual property can also be found by going to the following website - http://www.nyc.gov/html/dob/html/sustainability/benchmarking.shtml, typing in the Borough and address on the right hand side of the page, and then cross-referencing the "Tax Block" and "Tax Lot" with the list of Covered Buildings above.
2. What energy information is required in order to benchmark?
- All energy usage by the entire building, including all direct metered tenants, for calendar year 2010 must be entered into the Energy Star Portfolio Manager (http://www.energystar.gov/istar/pmpam/).
3. What is the deadline for compliance?
- All Covered Buildings must benchmark annually by May 1 in order to avoid penalties.
4. Can Troy & Banks assist with the Benchmarking?
- Yes! We can input all of your energy consumption into Portfolio Manager for you. When we are complete, we will will send you the report from Energy Manager, as well as the submittal confirmation. Please contact us to find out how we can help you meet this benchmarking requirement.