Submetering & Local Law 97 Compliance

As part of the larger Climate Mobilization Act, the City of New York passed Local Law 97 (LL97) in 2019 to reduce carbon emissions from buildings. This law enforces carbon caps on most buildings larger than 25,000 square feet — including roughly 50,000 residential and commercial properties across New York City. The cap will be implemented starting in 2024, requiring buildings to reduce their emissions by 40% by 2030 and by 80% by 2050.

Buildings that do not meet compliance requirements by 2024 can face hefty fines:

• Failure to file a report — $0.50 per building square-foot, per month
• Exceeding emissions limits — $268 for each metric ton over the building's established limit
• Providing false statements — $500,000

Submetering Has Been proven to reduce a building's
energy consumption

Metergy's submetering user-pay model is a proven means to reduce a building's utility and energy consumption, improve overall operations, allow for fairer cost allocation, and help achieve Local Law 97 compliance. At Metergy Solutions, we offer utility management and innovative submetering solutions to help you mitigate costly Local Law 97 penalties through reduced greenhouse gas emissions.

we can help you Avoid Local Law 97 Fines

Fill out the form below and one of our Account Managers will contact you to show you how you can avoid Local Law 97 fines by implementing Metergy's innovative utility management and submetering solutions.