Many building owners in NYC are facing challenges complying with LL97 regulations. NYC Local Law 97 (LL97) requires buildings to reduce their carbon footprint, improve energy efficiency and make other improvements. However, affording these changes can be difficult, especially for older buildings. Latitude Compliance is a team that can help you find financing solutions that make your properties LL97 compliant.

Common NYC Building Upgrades

Buildings emit carbon by consuming energy from various sources, such as fuel oil, electricity or natural gas. LL97 mandates reduced carbon emission levels for different types of buildings. One way to achieve this is by switching from fossil fuels to electricity for heat and hot water systems and finding ways to use more clean electric sources.

Upgrading to more efficient electrical systems, installing new windows, water-efficient appliances and fixtures, solar energy sources and improving insulation quality can all help reduce carbon emissions. However, since there is a shortage of materials and labor, the costs of materials and labor have been rising, and project timeframes have been getting longer.

How Can You Finance Your NYC LL97 Building Upgrades?

Did you know that there are many financial incentives available in the State of New York to promote renewable energy and energy efficiency? In fact, according to the NC Clean Energy Technology Center at North Carolina State University, there are 135 different resources available to help you save money and reduce your carbon footprint. These incentives are designed to encourage the adoption of clean energy technologies and help you make your building more energy-efficient.

New York has been a clean energy leader since 1975, and many programs exist to help owners and organizations finance their LL97 compliance measures. Latitude Compliance can review your needs as part of our comprehensive LL97 compliance services and help you obtain the resources you need. Some of the available options include:

  • Low-interest loans
  • Federal and state tax credits
  • Rebate programs
  • PACE financing
  • Grant programs
  • Public benefits funds

Latitude Compliance can help you review your options and find the funding you need to meet LL97 compliance deadlines and avoid penalties.

NYC Energy Efficiency Retrofit Financing and More

Are you worried about meeting the deadlines for LL97 compliance and avoiding penalties? Latitude Compliance can help you find the funding you need to tackle this challenge. We have over 135 different resources that we can tap into to assist you.

Helping you finance your compliance renovations is only one aspect of our comprehensive services. Our team can provide experienced and proficient energy consulting, construction management and guidance to help you navigate the various LL97 compliance pathways. We assist:

  • Building Owners
  • Property Managers
  • Real Estate Investors
  • vCo-op or Condo Board Members

Latitude Compliance specialists partner with you to analyze, strategize, and implement solutions to help you achieve and maintain long-term LL97 compliance. If you have any questions about carbon emissions, testing, funding, compliance or anything related to LL97, please feel free to contact us today. We also offer workshops to help your company better understand LL97 and how to get started.

Posted on behalf of Latitude Compliance