Local Law 97 penalty estimate
426 Eastern Pkwy: $5,637/year in fees starting in 2030
Loading map
Open Street View
Loading Street View
What would the estimated penalty be in 2030, assuming nothing changes?
$5,637/year
- Beginning in 2030, the city drops the emissions cap by 40%.
- At the same energy use, 426 Eastern Pkwy will be 21 tons over the cap.
- Penalty is $268/ton over the cap, $5,637 total
Cap: 262 tons
0283 tons emitted
What is the estimated penalty for 426 Eastern Pkwy right now?
$0/year
- NYC caps a building's yearly greenhouse gas emissions.
- 426 Eastern Pkwy is 116 tons under the emissions cap.
- So it owes no penalty.
Cap: 435 tons
0320 tons emitted
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 435 to 262 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 320 to 283 tons.
- Energy use is held the same.
- Tons over go from 0 to 21 tons.
How much would the building need to cut its emissions to avoid the penalty?
8% less emissions than today
- This building must emit 8% less to avoid penalties.
- Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
How energy efficient is 426 Eastern Pkwy?
66/100, grade C
- 426 Eastern Pkwy scores 66 out of 100 for energy efficiency.
- That is grade C on the city's scale. 50 is typical for its type.
- It uses 85 kBtu per sq ft a year.
DCBA
660100
How reliable is this estimate?
- This is a planning estimate, not the city's official number.
- Owners report their own energy use, and reports can have mistakes.
- The city makes the final call.
- ✓Energy use comes from the building's own 2024 report to the city
- ✓Emissions rates for 2024 to 2029 match the law
- ✓Emissions rates for 2030 on match the city rule
- ✓The property type is matched to the city's category
- ○The compliance route the city assigns is not confirmed
Own or manage this building?
Get up to 3 quotes from vetted energy contractors.
Get quotes to cut this penalty
Similar buildings in Brooklyn
- 1355 East New York Avenue$3,916 a year from 2030
- 140 Lawrence Ave$35,429 a year from 2030
- 9201 Kings Highway$7,373 a year from 2030
- 205 e 17th st$16,183 a year from 2030
- 3051 Ocean Ave$2,100 a year from 2030