NYC Energy Benchmarking: How To Get The Most From It.
Are you a building owner in NYC? If so, energy benchmarking can be an incredibly helpful tool that can save your business money, increase efficiency, and make life easier. Not only will it lower utility bills but also help the environment by reducing carbon emissions. With NYC Energy Benchmarking, you can identify opportunities to reduce your costs while proactively managing usage and improving sustainability. Join us as we explore how to maximize the potential of this program!
What Is NYC Energy Benchmarking? NYC EBEWE Benchmarking Law (Local Law 84 of 2009 and 133 of 2016) requires building owners to measure their annual energy and water use via Energy Star Portfolio Manager®. This Energy Star Program helps to establish a rating known as the energy efficiency scores which provides insight into a property's energy and water consumption. Through tracking and analyzing performance data over time with EBEWE benchmarking, building owners and tenants can take the initiative to save energy and make their properties more efficient. Gathering this key information is the first step towards making meaningful changes while increasing the energy efficiency grade.
Requirements Of New York City's Benchmarking law NYC's Energy Benchmarking Requirements is essential for reducing energy consumption and lowering emissions. All residential, commercial, large hospitals and government-owned similar buildings across the city larger than 50,000 square feet must track and report their energy use annually to the city.
New York City rewards building owners for meeting the minimum requirements with incentives and rewards for further lowering their emissions. The Environmental Protection Agency not only allows participating building owners to help protect the environment but also allows them to enjoy cost savings from balanced energy performance! Moreover, it reduces energy waste significantly to help you know how much energy is used annually.
Deadline To Comply With The NYC Benchmarking Law Complying with the City of New York's Benchmarking guideline is an important step for property owners and managers in reducing their carbon footprint. A detailed benchmarking data of energy performance, occupancy, space use, and hours of operation must be filed by May 1st every year through the City’s website. This data helps property owners and managers understand the energy efficiency of their buildings so that they can take action that will lead to a more sustainable New York City. Energy benchmarking is a great opportunity to ensure your building is running responsibly and efficiently, so don't miss the deadline! It helps reduce the energy costs using a process called benchmarking.
How To Get Most Out Of The NYC Energy Benchmarking? Conducting an energy benchmarking is a great way to get a better understanding of your building's performance in terms of energy efficiency. In New York City, benchmarking is a mandatory requirement for most buildings with more than 50,000 square feet of gross floor area. Through benchmarking, you can compare your building's energy performance with similar buildings and identify areas of improvement. The benchmarking process starts by collecting 12 months of energy use data, which includes electric and gas usage as well as steam use, if applicable. The benchmarking process is complex and it's important to make sure you are collecting the correct data in order to accurately benchmark your building. Once the energy benchmarking process is complete, you can use the information to compare your building's energy performance to similar buildings. If you want to get the most out of benchmarking, it is recommended that you conduct an energy audit. An energy audit is an in-depth review of your building's energy use, and it provides you with valuable insights into how to improve your energy efficiency. During the audit, an expert will assess the energy efficiency of your HVAC systems and look for areas of improvement. They may also recommend installing energy-efficient fixtures and equipment, or suggest making changes to your building's insulation and air sealing.