New York City to Mandate Energy Efficiency
These mandates will push owners to meet fossil fuel caps, requiring more extensive updates to boilers, water heaters, roofs and windows. These updates are on a strict 2030 timeframe with penalties if the requirements are not met. The legislation will set annual penalties that increase with building size and the amount of buildings that exceed the fossil fuel targets.
Say there is a 30,000 square foot residential building that is operating well above its energy target. The owner will pay $60,000 for every year over the standard starting in 2030. A one million square foot building operating above the energy target could pay as much as $2 million for every year over the target. Failure to comply with standards doesn’t only have monetary penalties, however. It can also affect the building’s ability to receive future permits for major renovations.
The plan will be enacted via legislation, backed by the administration and sponsored by Council Member Costa Constantinides.
By 2035, the benefits of these mandates include:
Reduced citywide greenhouse gasses by 7 percent. Equal to taking 900,000 cars off the road.
Number of green jobs created for plumbers, carpenters, electricians, engineers, architects, and energy specialists.
Number of emergency room visits related to asthma that can be reduced per year with improved air quality.
%
Reduction in natural gas use.
Number of premature deaths related to asthma that can be avoided with improved air quality.
%
Reduction in fuel oil use.
Below are some testimonials about Mayor de Blasio’s energy efficiency mandates. For more information on these mandates, visit the official website for the City of New York.
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