The Big Apple was the first city in the United States to open an aquarium, is the birthplace of the first teddy bear, and now the city claims another first with New York Local Law 88! New York City has become one of the first cities in the US to enact mandatory submetering for qualifying commercial structures, leading the nation’s energy management revolution. New York Local Law 88 (NY LL 88) recently went into effect, which requires all commercial buildings larger than 50,000 square feet to install submeters for any tenants who lease at least 10,000 square feet of space. This required equipment must be in place by January 1st, 2025. Although the deadline seems distant, the majority of New York commercial leases are 10 years long, meaning that meters must be planned and installed now to ensure compliance and prevent tenant disruption.
LL 88 is anticipated to bring progressive changes to building management: 1. Energy efficiency—by monitoring and managing energy usage through submetering, building owners will be able to identify energy waste culprits and areas of improvement 2. Less landlord-tenant disputes—when energy is tracked and costs allocated correctly, there will be a fairer distribution of costs and fewer disputes 3. Reduced usage—reports indicate that submetering and tenant billing can lead to average energy demand reductions of 30%, the motivation for New York City to enact the new law The announcement of NY LL 88 is further evidence of advanced energy code trends sweeping the nation. By planning and implementing new efficiency technologies, businesses remain ahead of the requirement curve and reap significant and ongoing cost savings. VerifEye submeters, communication and software solutions bring you the industry-leading technology required to meet NY LL 88. A Surefire NY LL 88 Solution What’s the perfect solution to meet the new law? The Leviton VerifEye™ Series 8000 High Density Meter and 0.5% Accuracy Revenue-Grade Mini Meter™ provide the accuracy and tenant billings capabilities needed to track and allocate usage.
Series 8000 High Density Meter
• Designed to meter multi-tenant office buildings, medium-sized retail, institutional, multi-tenant residential and other high-density applications
• Meets stringent ANSI 0.5% Accuracy Class standards for accurate allocation and billing
• Transmits data over ModBus and BACNet™ connections to form an open protocol network
• Configurable to VerifEye BillSuite software for simple tenant billing capabilities—generate bills from your desktop
For more specifics on NY LL 88, visit the New York City LL 88.
For more on VerifEye code compliant solutions, visit Leviton VerifEye.