Local Law 97 penalty estimate
626 East 14th Street: $1,291/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?
$1,291/year
- Beginning in 2030, the city drops the emissions cap by 40%.
- At the same energy use, 626 East 14th Street will be 5 tons over the cap.
- Penalty is $268/ton over the cap, $1,291 total
Cap: 44 tons
049 tons emitted
What is the estimated penalty for 626 East 14th Street right now?
$0/year
- NYC caps a building's yearly greenhouse gas emissions.
- 626 East 14th Street is 19 tons under the emissions cap.
- So it owes no penalty.
Cap: 74 tons
055 tons emitted
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 74 to 44 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 55 to 49 tons.
- Energy use is held the same.
- Tons over go from 0 to 5 tons.
How much would the building need to cut its emissions to avoid the penalty?
10% less emissions than today
- This building must emit 10% less to avoid penalties.
- Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
How energy efficient is 626 East 14th Street?
84/100, grade B
- 626 East 14th Street scores 84 out of 100 for energy efficiency.
- That is grade B on the city's scale. 50 is typical for its type.
- It uses 87 kBtu per sq ft a year.
DCBA
840100
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 Manhattan
- 630 East 14th Street$1,994 a year from 2030
- 628 East 14th Street$1,680 a year from 2030
- 634 East 14th Street$1,884 a year from 2030
- 632 East 14th Street$1,518 a year from 2030
- 636 East 14th Street$1,259 a year from 2030