We recommended the use of a real-time metering system vs. a manually read one. A manual system requires that a person walk through your building each month and read the meters. This antiquated method has proven to be error prone and does not allow for timely monthly reporting. A real-time metering system is not much more expensive and will provide automatic meter reading and timely reporting. The building will not have to schedule resources to accompany a meter reader around the building. Real-time metering systems are not error prone and manually-read ones.
LC Associates has several wireless sub-metering systems in NYC where we provide monthly reporting and billing for Landlords. We used our GreenConnect system which streamlines meter reading and data analystics.
We also recommend using electronic sub-metering systems that can be easily installed and maintained by your in-house personnel if possible. From our experience, metering systems require maintenance that could otherwise be performed using in-house personnel. One feature that landlords should consider is the use of safe CT’s and PT’s.
Current Transducers, sometimes referred to as “safe CT’s”, are used to measure large currents in electric systems sometimes up to 480VAC, in commercial buildings. Unlike split-core transformers which have dangerous voltages on their secondary loops, Current Transducers have internal circuitary that convert dangerous secondary currents to millivolt signals. Most commonly, the secondary output is a 333mV AC or DC signal that is proportional to the larger electrical current flow.
Split-core current transformers on the other hand, can be quite dangerous. The large current induces a magnetic field that generates a smaller current in the secondary windings. This secondary current must be fed into a short circuit, a control system or an amp meter/recorder. Installing Current Transformers with an open circuit on the secondary could also lead to violent damage.
Nothing pleased your Tenants more than feature-rich reporting. Our GreenConnect system will generate business analytics for the Landlord, while sending Tenants feature-rich reporting which can include billing or usage information.
Tenants will respond to information, especially if it can showcase their commitment to Energy Sustainability and Governance (ESG).
GreenConnect tenant reports can be customized to include greenhouse gas emissions reduced, and equivalent offsets such as trees planted, cars removed, etc.
Landlords will also be able to identify opportunities at the Tenant level for complying with Local Law 97.
Unlocking Funding Opportunities
Understanding that compliance costs can be a concern for building owners. LC Associates actively explores funding options to alleviate financial burdens. Through partnerships with various organizations and initiatives, they strive to secure grants, incentives, and rebates. These funds can significantly offset the costs of upgrading lighting systems. This approach not only eases the financial impact but also accelerates the transition to a more sustainable and energy-efficient building.