Energy efficiency measures and onsite generation are some of the best investments available for building owners, with the potential to save thousands of dollars each year. Buildings also lower their emissions when reducing their consumption and switching to cleaner energy sources. In New York City and other places with stringent climate laws, energy upgrades can also help building owners avoid major penalties for emissions.
A professional energy audit should be the first step when you want to improve energy performance in any property, since it gives you an investment roadmap. You will know which measures are effective in your property before assuming a major expense. You can also avoid a “trial and error” approach, where you may end up spending large amounts of capital with little or no results.
The following are some benefits you can expect when getting a professional energy audit from NY Engineers:
1) Major Energy Savings: Our clients can expect to reduce energy costs by around 30% after implementing the building upgrades proposed by our consulting engineers. The specific results can vary, depending on the unique conditions of your building, but you can expect to save around one-third of your energy bills.
2) Qualify for Financial Incentives: NY Engineers can help you qualify for incentive programs from governments and utility companies, which typically cover 60% of project costs. The incentives available vary depending on your location and type of property, but we can ensure you claim all the benefits available.
3) Increased Property Value: The building upgrades proposed after our professional energy audits can generally increase the asset value of your property by around 10%.
4) Whole Building Approach: We design energy upgrades that improve the performance of your entire building, instead of focusing on specific systems and equipment. We can find opportunities for synergy between building systems and achieve greater savings.
5) Improve Your Energy Grade: We can increase the energy grade of NYC buildings under Local Law 33 of 2018, reducing their operating costs and making them more attractive for potential tenants. If the ENERGY STAR certification is available for your building type, we can also help you achieve it.
6) Avoid Carbon Penalties: If your building is subject to a climate mandate such as Local Law 97 of 2019, a Level 2 Energy Audit can help reduce your emissions below the required level. We can identify measures that will keep your building below its emissions cap at optimal cost.
7) Maximize Your ROI: Our expert energy consultants can identify the building upgrades that offer the highest savings per dollar invested. You will know how much you can expect to spend and save with each of the measures proposed.
8) Quick Project Approval: NY Engineers can also design the building upgrades proposed during the energy audit, getting quick approval from your local building department. We have an 80% first-time approval rate, and 50% faster turnaround.
9) Effective Construction Management: NY Engineers goes beyond the energy audit, also offering professional design and construction administration services. After identifying the most effective energy upgrades for your building, we can ensure they are designed as required by local construction codes, getting a quick project approval. We can ensure that all upgrades and measures identified in the energy audit are implemented exactly as designed.
