Precision in Utility Benchmarking: Beyond Mere Compliance

Under Local Law 84, annual benchmarking of energy and water consumption is a foundational requirement for NYC property owners. While often viewed purely as a compliance exercise, precise utility benchmarking provides invaluable insights for strategic asset management.

Data Integrity and Aggregation

The accuracy of benchmarking submissions relies entirely on the integrity of the underlying utility data. Automating data aggregation from utility providers minimizes manual errors and ensures a comprehensive view of asset performance.

Interpreting Efficiency Grades

The ENERGY STAR score from your benchmarking submission sets the letter grade that Local Law 95 requires buildings to post near each public entrance. That grade directly impacts asset perception. A low grade not only signals operational inefficiency but can also influence tenant attraction and retention.

Continuous Monitoring

Benchmarking should not be an annual scramble but a continuous monitoring process. Identifying consumption anomalies early allows for timely interventions and sustained operational excellence.