Local Law 97

Just ask the managing agent for this info.

It's so nice to hear someone asking this question. It's about time and surely the market will adjust with properties that are better equipped to comply with regulations being valued higher than others.

Most tenants and shareholders, and even Board members are not aware of the penalties coming if their building is not in compliance.
Boiler-Chillers, Heat Exchangers, etc. , are sure to be replaced long before their expected life comes to a halt due to the regulations

Admin, if thats true those boards should fire their managing agents. I consider those things a managing agent's job to relay that kind of information to boards.

logging into http://www.nyc.gov/dobnow and entering the address should give you the building's grade.

The site has been down all day though due to some maintenance issues. If only we could fine them.

It's a stupid law promoting electric over natural gas ignoring that natural gas is dar cheaper. The law should simply promote energy efficiency but it does not

The revolt is coming from middle class as they find their energy bills for their coops and rents go up but that is 2 years away.

Todays NY Post had a Con Edison public notice page of proposed increase for 2023.
There were different columns for different property ownership circumstances but I paid attention to the one I believed to be affecting regular residential units.
Proposed current $38 and change (forgot unit of measure) to $48 and change.
A 26% increase.
That's for the delivery portion of the bill not the supply portion which is roughly 2/3 of my electric bill already.
Ten years ago it used to be 50/50

North Brooklyn is seeing a 200% increase in the supply rate from last month, for a overall delivery+supply rate increase of ~50%.
Certainly the largest single year increase I've ever seen, and worry what the summer rate is going to look like..

Steve that seems weird.

Brooklyn probably has the the most new developments and population increase in the last ten years.
I could see that being a big strain on "delivery" and greatly increasing those costs.

I would think "supply" rate though to be more universal.

@truth - yes I thought the same, when I saw people on twitter raging about their bills "doubling" etc, so I actually looked into the details of my bill numbers and it lines up ..

https://www.thecity.nyc/2022/2/9/22925345/surging-con-ed-bills-leave-new-yorkers-with-electric-burns

"Take Lewis’ bill: the delivery charge went up about a penny per kilowatt-hour of energy use in this recent billing period compared to last, but the supply charge increased threefold, from 6.6 cents per kilowatt-hour to 19.6 cents."

The delivery rate is pretty flat around 14c.

The headlines of "my bill doubled / tripled" are weak journalism, but the total supply+delivery rate did go +50% as shown on the actual example bill which is quite identical to mine.

Hopefully, city council will find a way to balance between energy costs and fuel sources and we do not end up in German situation. Perhaps a delaying of implementation of Local Law 97.

We already have rolling blackouts in the summertime in some NYC neighborhoods and are seeing usage grow annually. So what happens when all buildings and vehicles use electricity as well? Where is the plan/budget for massive grid expansion?

What plan? People who make laws are not responsible for ensuring execution and related costs.

The city & surroundings are damned by left & right wing NIMBYism.
BdB symbolically having city pensions divest of oil while doing next to nothing to actually reduce the use of fossil fuels in the city.

Protests against new natgas pipelines into Brooklyn to serve the increased population.
Protests against, hilariously, the high voltage connection to Canada to bring some of that clean hydro power down into the state.
Lawsuits against offshore wind farm (fortunately moving forward anyway).

Not to mention out west you see a giant solar farm blocked by .. environmental activists because it was going to spoil some nature.

Hopefully Adams & Hochul show more of a backbone against all of these knee-jerk reactions and actually get some things done.

Previous administration was very focussed on banning things without the counterbalancing plans to actually build things. I'm a democrat voting, EV driving, solar/wind/nuke supporter with plans to put solar on my house when I redo the roof. But.. the idea that we can ban ourselves to zero carbon and solve climate change with a legislative pen is pure fiction.

Well said.

@steve @ 300_ Agreed!

But... heaven forfend that any of us actually voluntarily *significantly cut* our energy usage. The easiest way to keep that oil in the ground is to not use it. To keep the winter thermostat at 65 or less all day, and 60 or lower at night, etc. Many, if not all, people could take 10% off their energy bill if they simply turned down the thermostat, turned off extra lights, used LED lights, and went outside for a walk rather than watching an hour of TV, etc.

Yes, I'd like solar on my roof to reduce the amount of oil that comes out of the ground, but were I truly serious about saving energy that would be the only energy source I'd use.

Well, I've already had clients get hacked by my saying this, but why not go for broke -- we rich Westerners could significantly cut our collective carbon footprint, by way more than if we foreswore an hour of watching The Crown or dropping the thermostat -- if we would just stop getting on airplanes. But no one really wants to make *that* sacrifice.

Yes, many of my "I don't own a car" urban greenie friends/neighbors instead take Uber Blacks and more flights in a year than their parents did in a decade...
There's also a lot of urban climate change alarmists who own sub-20mpg SUVs despite being a childless or 1 child couple.

It's been measured that the carbon impact of a single flight is on the order of the carbon impact from a years worth of driving.

I see a lot of stupid hashtag activism along the lines of "90% of carbon is produced by these 10 big companies" ignoring the obvious fact that they do not do it as a hobby, but because people (everyone) are the ones buying the product (fossil fuels, petrochemicals and their uses).

As the next billion humans approach western levels of standards of living, the carbon impact is going to be huge. On the other hand asking them all to stay poor while Americans fly everywhere, run their heat to 72, AC to 68, watch 5 hours of TV, expect 30min grocery delivery, and drive giant cars everywhere... is untenable.

The solution has to be Stick & Carrot, producers & consumers.

Government subsidies & tax incentives to encourage good behavior (solar & storage installs, HVAC conversions, etc) plus legislation on producers (car MPG, ICE phase out, EPA emissions, carbon tax?) and consumers feeling personal responsibility..

In the long run solar & wind pays for itself quite quickly, and EVs are hellafun to drive, so a lot of this is just marketing.

Actually the childless couple should be able to drive whatever the hell they want as they have not added future Co2 pumpers to the world :)

Federal Govt can just put a fat carbon tax on Air Travel and City Council can leave how people live in their homes alone.

fp I have pretty much stopped flying but I certainly did my share in the past.

The shut down of Indian Point by Cuomo , accounting for 25% of energy consumption in NY, is the biggest driver. Fracking in upstate NY was stopped as well, so now NY is an importer of fuels, either from other states or Canada
What people don't get, is that electricity is generated by fossil fuels. So home heating is generated primarily from coal and oil.
Also, EV cars, trucks, buses end up using more coal, oil, natural gas . Electricity is is not cheap

Problem with electricity is that it's generated from oil and coal mainly

truthskr10 it looks like that website refers to ratings based on an older law, not LL 97. If you know of a website that rates them against the more stringent LL 97 standards I'd be grateful. Couldn't find anything like that myself.

NYC no longer permits no hook-ups for natural gas. It's only electric now. Most chefs do ont want an electric stove

MTH
They changed it! I promise, you were able to attain the building's energy efficiency score for local law 97. Its now gone.
Ill keep an eye out for a new link.

This will make existing gas hookups very attractive.

https://therealdeal.com/2022/03/24/council-bill-demands-landlords-turn-up-thermostats/

30, That is a good one.

Thanks Truthskr10! I will do likewise if I find anything.

Should've been legislated a long time ago.
Waiting for a death is typical of the City Council waffling on substance and playing politics