Meters measure how much electricity is flowing to a building. Sub-meters, which measure the electricity flow within a specific space will need to be installed within some buildings by January 25, 2025.
Who Need to Comply?
Covered buildings include the following:
a) Buildings over 25,000 gross square feet OR
b) Multiple buildings on the same tax lot that are over 100,000 gross square feet OR
c) Multiple buildings in the same condo system that have the same board and totals over 100,000 gross square feet combined
Gross Square Footage – Go by the number the Department of Finance (DOF) has on file*.
Covered Tenant Spaces must be in a building that falls under the criteria above. In addition, the spaces need to be:
a) Let/sublet to the same person that is over 5,000 gross square feet on one or more floors, OR
b) A floor over 5,000 gross square feet that is let/sublet to multiple people
What Do I Have to Do?
Each covered tenant will need to:
a) Have its own sub-meter OR
b) Share a sub-meter with other tenant spaces on the floor OR
c) Share a sub-meter with the rest of the entire floor
Exception: A covered tenant space that has a meter already measuring electrical consumption of that space exclusively
On or before January 1st, 2025, a Registered Design Professional/Licensed Master/Special Electrician needs to certify that any necessary sub-meters have been installed. The fees to submit this report are still to be determined.
*NYCityAlerts includes DOF data including square footage information in our services.