The world is going green—and many New York buildings are leading the way.
Solar energy has exploded in recent years, and the trend isn’t slowing down anytime soon. Expert estimate that solar PV capacity in the US will more than double during the next five years.
Green roofs are another trend in sustainable buildings, and once again New York is leading the way. In fact, the 2.5-acre green park on the Morgan Processing and Distribution building is one of the largest green roofs in the country.
It’s no surprise that the great state of New York passed Local Laws 92 and 94 regarding sustainable roofing systems.
Are you up to date on the latest legislation? Read on to learn more about these new laws and what they mean for solar projects in New York.
About Local Laws 92 & 94
The New York City Council passed Local Laws 92 and 94 in April of 2019.
These breakthrough laws require sustainable roofing systems for new construction within the city. The laws also apply when roofs on existing buildings are replaced or expanded.
What exactly is a sustainable roofing system? According to the new law, it includes a solar photovoltaic (PV) power generation system, a green roof, or a combination of the two.
Sustainability for New York Buildings: Final Thoughts
This new legislation is sure to have a positive impact on New York buildings and (in time) the nation as a whole.
As awareness spreads about the amazing benefits of solar energy and sustainable construction, let’s hope the rest of the country is quick to adopt similar practices.
Are you interested in solar power for your home, office, or another building project? Click here to learn more about our work in New York City and Long Island.
Solar is a great way to save money and increase the value of the property.
In NYC, the payback typically is less than 5 years when all the incentives are leveraged.
These incentives include the rebates through Con Edison, with extra incentives for LMI housing, the property tax abatement for going solar that lowers the property tax bill during first four years after the system is installed and the Federal tax credit, which when combined with the depreciation savings allows customers the potential to cover around 80% of the cost of the system.
Harvest Power has already helped numerous of property owners go solar and are in the process of working with hundreds more across the Bronx, Brooklyn, Queens and Northern Manhattan and we’d love to educate those who are interested in learning all the benefits that solar provides.