April 12, 2023 | 06:00 PM - 07:00 PM

Ask Our Experts: Getting the Work Financed: Financing Solutions, Incentives, and Capital Planning

Online Webinar
New York , NY
WHAT WE’LL COVER:

In this webinar, we will cover financing options for buildings that are planning energy retrofits for Local Law 97 compliance. Topics will include:
  • Traditional and non-traditional financing solutions
  • Incentive programs
  • Capital planning
In order to meet emissions targets on time and avoid penalties, boards and managers must understand the pathway to compliance for your building.

OUR EXPERTS:
  • Kelly Dougherty, President, FirstService Energy
  • Jordan Muchnick, Vice President of Lending, FirstService Financial
NYC LOCAL LAW 97 FAST FACTS:‚Äč
  • Starting in 2024, a carbon emissions cap will be placed on buildings larger than 25,000
  • sq. ft. The cap will determine the building’s annual emittance of carbon .
  • Buildings that exceed their emissions cap will pay a fine of $268/Mt.Co2e
  • 2025 fines will be based on 2024 usage
  • The emissions cap reduces every 5 years until 2050
  • By 2050, the city’s goal is to have reduced emissions to net zero