Turn local law compliance into cost savings with NYC Accelerator

Buildings are the source of nearly 70% of New York City’s greenhouse gas emissions, which come from the fossil fuels used to heat, cool, and power most buildings. As part of landmark climate legislation, Local Law 97 (LL97) aims to combat and reduce these emissions with the goal to achieve carbon neutrality by 2050. It sets emission targets for buildings over 25,000 gross square feet, which may face fines if they exceed annual limits past the 2024 deadline. Buildings that exceed their annual emissions limits will face a financial penalty of $268 per ton of CO₂ equivalent over the limit.

Many buildings are currently not on track to meet compliance, and deadlines are approaching quickly. NYC Accelerator offers free assistance with energy efficiency and renewable energy upgrades. The program will help you cut building emissions and energy costs, create a pathway to comply with LL97 on time, and avoid annual fines. NYC Accelerator’s team of experts provides free support through:

• Personalized Concierge Service – Find out how LL97 requirements apply to your building by working one-on-one with a dedicated account manager, who is a compliance expert.
• Free Resources and Trainings – Access specialized trainings and educational materials that make it simple to understand and follow through with local law requirements.
• Cost-saving Opportunities – Rely on expert guidance to connect you with financial incentives and financing options to help pay for your building’s upgrades. Cover upfront costs while you reduce energy use, increase property value, and avoid annual fines.
• On-Time Compliance – Understand the steps you need to take to comply with LL97 and when you need to take them. Get connected to pre-qualified capital and service providers who can help you turn your projects into reality.

Reduce your building’s emissions and avoid fines with the help of NYC Accelerator. To get in touch with an expert, visit accelerator.nyc/LL97