Your commercial, industrial or residential building has a new energy conservation measure (ECM) to meet \u2013 and new financial opportunities to secure. Here\u2019s what you need to know:<\/p>\n
1. By 2030, large city buildings must reduce greenhouse emissions by 40% \u2013 increasing to 80% by 2050 \u2013 according to New York City Council\u2019s recently passed Intro. 1253-C.<\/p>\n
2. The law covers buildings over 25,000 square feet \u2013 nearly 60% of the city\u2019s buildings.<\/p>\n
3. You can address this law today by changing your steam cooling system to an Ice Storage Solution from ECM Energy Management Services. Ice storage is a form of thermal storage classified as a \u201cclean distributed energy resource\u201d in Intro. 1253-C.<\/p>\n
4. Converting now means you can drop chiller-related emissions by more than 75%.<\/p>\n
5. For a standard 1-million square foot building, that\u2019s a 1,150+ metric ton carbon reduction.<\/p>\n
6. With penalties beginning in 2024 at $268\/metric ton above mandated limits, penalty avoidance can add more than $300,000 to your bottom line annually.<\/p>\n
7. That\u2019s only part of your financial benefit. Current ice storage incentives can save you up to 50% of conversion costs if structured appropriately. And ice storage eliminates the energy and maintenance costs of steam cooling.<\/p>\n
Everyone wins: you get a financially attractive payback (even before penalties kick in), ConEd sees a reduction in electric demand, and NYC sees a significant reduction in carbon emissions.<\/p>\n
(ECMcompany.com; (877) 724-9974)<\/p>\n","protected":false},"excerpt":{"rendered":"
Your commercial, industrial or residential building has a new energy conservation measure (ECM) to meet \u2013 and new financial opportunities to secure. Here\u2019s what you need to know: 1. By 2030, large city buildings must reduce greenhouse emissions by 40% \u2013 increasing to 80% by 2050 \u2013 according to New York City Council\u2019s recently passed […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[32,33,34,35,36],"class_list":["post-828","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-carbon-emissions-reduction","tag-energy-conservation-measure","tag-ny-1253","tag-ny-energy","tag-steam"],"yoast_head":"\n