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Lincoln Square Condominium local law 97 compliance lower utility cost manage carbon emissions multifamily energy management nyc
Lincoln Square Condominium local law 97 compliance lower utility cost manage carbon emissions multifamily energy management nyc

How Lincoln Square Condo generated nearly $25,000 in energy revenue this summer

How Lincoln Square Condo generated nearly $25,000 in energy revenue this summer

How Lincoln Square Condo generated nearly $25,000 in energy revenue this summer

FirstService Residential How Lincoln Square Condo generated nearly $25,000 in energy revenue this summer multifamily energy management nyc

Lincoln Square Condominium | FirstService Residential

New York, NY

Multifamily

Logical Buildings involvement

Tracking hourly energy usage; Managing carbon emissions; Lowering utility costs; LL97 penalty mitigation

In 2023, the building unlocked access to hourly electricity usage data with Logical Buildings’ SmartKit AI platform, pulling data straight from the building’s Con Edison smart meter — no additional hardware required.

In 2023, the building unlocked access to hourly electricity usage data with Logical Buildings’ SmartKit AI platform, pulling data straight from the building’s Con Edison smart meter — no additional hardware required.

In 2023, the building unlocked access to hourly electricity usage data with Logical Buildings’ SmartKit AI platform, pulling data straight from the building’s Con Edison smart meter — no additional hardware required.

Logical Buildings worked with Mickey McCreesh, Resident Manager, to design building-specific, energy-saving actions to take during times of peak demand on the electric grid. During summer peak demand events, these actions generated significant emissions reductions and nearly $25,000 in total gross revenue. Energy reductions during the July 28th event (11 am-3 pm) can be seen in the heatmap below.

Midtown Hotel Earns $90K+ Rebate and Cuts Energy Costs by $60K per year After Upgrading to Connected Smart Thermostats

Revel plugs into GridRewards to help decarbonize NYC’s electric grid and earn revenue