Local Law 97 penalty estimate
91 Ingraham St: $5,793/year in fees starting in 2030
What would the estimated penalty be in 2030, assuming nothing changes?
$5,793/year
- Beginning in 2030, the city drops the emissions cap by 38%.
- At the same energy use, 91 Ingraham St will be 22 tons over the cap.
- Penalty is $268/ton over the cap, $5,793 total
0 ton cap22 over
What is the estimated penalty for 91 Ingraham St right now?
$11,547/year
- NYC caps a building's yearly greenhouse gas emissions.
- 91 Ingraham St is 43 tons over the emissions cap.
- Penalty is $268/ton over the cap, $11,547 total
0 ton cap43 over
Why does the penalty change in 2030?
- The emissions cap will be lowered by 38% in 2030, from 0 to 0 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 43 to 22 tons.
- Energy use is held the same.
- Tons over go from 43 to 22 tons.
How much would the building need to cut its emissions to avoid the penalty?
100% less emissions than today
- This building must emit 100% less to avoid penalties.
- Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
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 match of this property type to the city's category is still being checked
- ○The compliance route the city assigns is not confirmed
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