226 East 12 Street may pay $8,034/year in fees starting in 2030
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Why is this property expected to pay a fee beginning in 2030?
- Beginning in 2030, NYC drops the emissions cap by 40%.
- At the same energy use, this property will be 30 tons over the cap, a $8,034 penalty.
0Cap: 236 tons
What is the estimated penalty for 226 East 12 Street right now?
$0/year
- 226 East 12 Street is 89 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 392 tons
How will this property’s penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 392 to 236 tons.
- A cleaner grid cuts emissions from 302 to 266 tons by 2030. Current trends put it 30 tons over the cap, up from 0.
How much would the building need to cut its emissions to avoid the penalty?
12% less emissions than today
How energy efficient is 226 East 12 Street?
92/100, grade A
- It scores 92 out of 100 (grade A), which is well above average compared to its peers.
- It uses 69 kBtu per sq ft a year.
DCBA
920100
How reliable is this estimate?
- This is a planning estimate, not the city's official number.
- Owners report their own energy use, and reports can have mistakes.
- The city makes the final call.
- ✓Energy use comes from the building's own 2024 report to the city
- ✓Emissions rates for 2024 to 2029 match the law
- ✓Emissions rates for 2030 on match the city rule
- ✓The property type is matched to the city's category
- ○The compliance route the city assigns is not confirmed
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