LL97 isn’t a Burden, It’s an Opportunity
For many building owners in the greater NY area, any mention of LL97 will get some eyes rolling. The initiative to reduce carbon emissions in commercial NYC buildings was first passed into law in 2019, but only now are building owners being faced with the possibilities of penalties for non-compliance.
It’s actually an understandable reaction. 2024 marked the first formal compliance period for the law, with buildings required to limit their annual emissions to their previously calculated cap. Reports on their emissions are due May 1 of 2025 and every year thereafter. In 2030 emissions caps will get even more severe, on the way to the eventual goal of having all NYC buildings meet zero emissions caps by 2050. For many building owners, this seems like an expense they don’t need, on a schedule that might be faster than they’d like.
At Heat-Timer®, we see this differently. Even if notions of greener energy and reducing carbon footprint from one of the biggest sources of pollution in the tri state area doesn’t excite you, there are a few other more immediately tangible benefits for building owners. It turns out that LL97 is implicitly driving one thing everyone can understand and get behind: SAVING MONEY.
The LL97 Opportunity
Heat-Timer® has been a key solution to the LL97 conversation since the beginning, so the opportunity here is more than theory, we’ve seen it work for building owners across NY and the country. What we’ve discovered is that LL97 has been a wake up call for many building owners who may have been complacent about maintenance and upgrades to their heating systems. While LL97 might have been an unwelcome push, the result can be the significant reduction of heating and boiler maintenance costs and an improvement in the bottom line for operators.
Costs related to heating upgrades needed for compliance vary building to building. What doesn’t change is that utility rebates, and post upgrade savings on monthly heating and maintenance can typically produce a positive ROI in just a couple of years. From that point on, it is all money in the bank, not to mention increased comfort for residents and less headache for building supers.
Let Heat-Timer® Help
Building owners may still grumble about LL97, but when they see the numbers on fuel savings after installing a Heat-Timer® internet control with wireless space sensors, they grumble a little less.
Heat-Timer Internet Controls are installed in thousands of buildings across NYC as part of an LL97 mitigation strategy that saves as much as 30% on monthly fuel bills, improves resident comfort, and demonstrates good faith compliance with the law, avoiding fines.
For more information on how a Heat-Timer® control can fit into your LL97 mitigation plan, please call our team today or visit our website at: https://heat-timer.com/