STRATCO's Insights into Local law 97 STRATCO's Guide to NYS's Rebate Programs To help property owner's fund reducing their buildings carbon emissions, the NY Government have introduced various incentives programs for property owners who introduce energy efficient mechanicals, appliances and building envelope measures into their buildings. STRATCO is NYC's premier performance based advisory firm [...]
STRATCO's Insights into Local law 97 In 2019, Local Law 97 was introduced as part of the Climate Mobilization Act to help reduce carbon emissions in New York City's buildings. The law places carbon caps on buildings larger than 25,000 square feet—roughly 50,000 residential and commercial properties across NYC. These caps start in 2024 [...]
If you would like our help in navigating the incentive programs please contact us here.
PSEG Business Energy Saving Program for New Jersey As part of the Global Warming Response Act, New Jersey’s goal is to reduce the state’s emissions by 80%. To achieve this, PSEG created the Business Energy Saver Program (BESP). PSEG aim to lower your energy consumption while increasing your savings. The BESP offers a range [...]
Using Government Funding to offset energy efficiency costs in buildings In January 2023, New York State will issue a scoping plan which will include recommendations to help meet the 2019 Climate Leadership and Community Protection Act, which involves a 40% reduction in greenhouse gas emissions by 2030 and an 85% reduction by 2050. The [...]
Our Principal Robert Sedaghatpour, spoke at The Fotis Group's most recent Seminar in December 2022. This event was an exclusive seminar for NYC building owners to meet and interact with various industry professionals to learn how the NYS Election results may influence the market, understand how rising interest rates are effecting investor decisions, hear [...]
We are excited to invite you to join us at booth # 9 at The PSEG Long Island Energy Efficiency Conference on Thursday, November 3, 2022 at The Hilton Long Island/Huntington.
Join us as we discuss with Boston University's Professor Keith Munsell on the relationship between inflation and the multi-family sector. Multifamily assets in particular tend to perform well in an inflationary period. Economic growth fuels employment and higher wages, which in turn drives demand for housing. However, asset prices may be vulnerable to significant declines should investor [...]
New York has recently emerged as one of the most popular solar panel installation markets in the United States. The Empire State is setting a terrific example for the rest of the country. Some of the reasons for this mass solar adoption are the New York solar incentives and credits offered to homeowners and businesses [...]
