NYC Local Law 97 is a portion of a 6-piece legislative package encompassed in the Climate Mobilization Act (CMA).
The goal of this law is to achieve reductions in emissions generated from buildings, with an initial benchmark to have a 40% reduction by 2030 and 80% by 2050. Aside from the emissions cap, the law will require energy conservation and Retro-Commissioning (RCx) measures than need to be documented and reported annually by a professional engineer or registered architect.
This law goes into effect on January 1st 2024 and impacts all buildings over 25,000 square feet, or two or more buildings on the same tax lot exceeding 50,000 square feet.
Buildings exempt from this law include:
- Public places of worship
- Certain city buildings including New York City Housing Authority buildings
- Specific facilities that create clean energy or have lifesaving equipment
Penalties for Non-Compliance:
- The monthly penalty for not reporting will amount to 50 cents per square foot.
- The penalty for emissions above the cap is $268 for EVERY excessive ton annually
- And false reporting can render a half a million-dollar fine and potential imprisonment for up to 30 days.
Partner Energy helps our clients navigate Local Law 97 and stay in compliance through local law consulting, LL97 penalty assessments, energy audits (which may include recommended energy efficiency measures, estimated install cost, simple payback periods), as well as implementation support.