Purpose: This regulation mandates how building owners in New York City should report their greenhouse gas (GHG) emissions to help reduce the city’s overall emissions and combat climate change.
Key Terms
Beneficial Electrification: Using energy-efficient electric systems to replace fossil fuels.
Campus Energy Resource: Energy generated centrally and distributed to multiple buildings in a campus setting.
Emissions Factor: A value representing the building's emissions per square foot.
Energy Audit: A detailed examination of a building's energy use to improve efficiency.
Reporting Requirements
Timeline: Reports are due annually by May 1, starting in 2025.
Tool: Reports must be submitted using a specific tool provided by the Department.
Documentation: Owners must keep all records used in preparing the report for six years.
Special Cases
Condominium Buildings: Emissions must be reported as a single entity.
New Buildings: Reporting starts the year after they receive their Certificate of Occupancy.
Change in Ownership: New owners aren’t required to report for the year they acquire the building.
Emissions Factors
Different property types have specific emissions factors that determine their GHG limits. For example, a hospital has a higher emissions factor than a retail store due to its higher energy use.
Calculation
Single Occupancy Group: Multiply the building’s square footage by its specific emissions factor.
Multiple Occupancy Groups: Sum the products of each group's square footage and its emissions factor.
Greenhouse Gas Coefficients
These coefficients are used to calculate emissions based on the type of fuel or energy source used.
Adjustments and Deductions
Adjustments: Owners can request adjustments to their emissions limits under certain conditions.
Deductions: Deductions can be made for renewable energy credits or energy storage systems.
Importance
The goal is to reduce GHG emissions from buildings, which are a significant source of the city’s total emissions. By adhering to these regulations, building owners contribute to a cleaner, more sustainable city.