4 Ways New York Building Owners Benefit from Smart Heating and Cooling

June 18, 2021
 | 
Alyssa
 
Dizon

If you own a building in New York with an old heating system, it’s costing you in more ways than one. 

How is your “old school” heating system causing issues? 

Low performance for high costs 

Your system is likely suffering from performance issues, which rack up expenses and tenant complaints from either over or underheating. In fact, in NYC buildings, it's common for tenants to open windows during the winter to cool off from overheated apartments, which wastes energy and money. With tenants in short supply from the pandemic, improving tenant retention with comfortable heating can be a huge value add for your building.

Your system is likely suffering from performance issues, which rack up expenses and tenant complaints from either over or underheating. In fact, in NYC buildings, it's common for tenants to open windows during the winter to cool off from overheated apartments, which wastes energy and money. With tenants in short supply from the pandemic, improving tenant retention with comfortable heating can be a huge value add for your building. 

Polluting systems are unhealthy  

Heating systems that burn fuel or gas release pollutants that can result in poor indoor air quality and cause respiratory issues, like asthma. These systems also emit greenhouse gases that cause climate change and trap heat in our communities, creating urban heat islands

“We spend billions and billions of dollars heating up buildings in New York City just for the heat to float out of open windows.” - Donnel Baird, BlocPower’s CEO and Founder

Smart Heating and Cooling is here 

Thankfully, state-of-the-art Smart Heating and Cooling technology is here to save us money and make our homes healthier, smarter, and greener. These modern systems use a tried-and-true technology called heat pumps to transfer heat indoors during winter, and outdoors when it’s summer. 

How do NY Building Owners benefit from Smart Heating and Cooling? 

1. Increase NOI and Attract/Retain Tenants  

As with everything else in New York, energy costs are expensive. 25% of New York City households have a high energy burden (where energy costs are above 6% of income). This cost burden falls disproportionately on low-income households.

As the most efficient technology on the market, Smart Heating and Cooling uses less energy and allows you to reduce your operating costs. These modern systems can be attractive to new and existing tenants. 

You’re also able to earn income off the electrical grid through programs called “Demand Response”, where you temporarily decrease your energy consumption in response to utility requests to balance the grid. 

Our no-money-down offer helps avoid surprises by including installation and maintenance on brand new equipment that enable these cost savings and earnings.  

2. Reduce tenant complaints - control the temperature in every room to deliver comfort and cost-savings

In many residential buildings, landlords set the temperatures for the whole building, which may not be ideal for the residents.  Many times buildings end up becoming overheated to ensure compliance with city heating regulations, causing tenants to open windows to regulate temperature.  

Each resident has their own individual preferences for how hot or cold they would like their room. With Smart Heating and Cooling, tenants are able to control the temperature within their own apartments, allowing for individual comfort levels and less wasted energy costs. Don’t want to give tenants that control?  That’s your choice--these systems can be centrally controlled by management if you prefer.  

3. Improve Air Quality For Your Tenants and Your Community 

Due to a combination of vehicles and buildings that burn fossil fuels, there is a high level of pollution within New York. This pollution harms the health of residents, with negative pulmonary and vascular impacts. Asthma is highly prevalent, especially in poor neighborhoods, and attacks can be triggered by indoor pollution, including dust mites, pet dander, mold spores, and pollen. All of these microbes and particulate pollution can be mitigated through Smart Heating and Cooling. 

Smart Heating and Cooling Systems use air filtration systems and humidity regulation via local air circulation, leading to cleaner air inside the home. These systems also help reduce pollution due to its use of electricity to heat and cool buildings rather than the burning of fossil fuels inside the building envelope. This system is not only a necessity for asthma patients but also helps reduce the general level of city pollution.

4. Comply with NY Climate Laws to Save Your Wallet and Save the Planet 

New York City lawmakers passed the Climate Mobilization Act in 2019, an ambitious climate plan that aims to eliminate greenhouse gas emissions to nearly zero by 2050. The City also passed Local Law 97 which limits greenhouse gas emissions for buildings over 25,000 square feet. Buildings will be required to report annual emissions starting in 2025, and buildings that do not meet the reduction targets will face fines. It’s recommended that building owners start working towards energy efficiency measures as soon as possible. 

One of the best ways to make your building complaint is removing oil and gas-burning boilers. Fossil fuel infrastructure is phasing out as the state of New York has already denied multiple new natural gas pipelines into the NYC area, putting an end to an era of oil-to-gas conversions. 


Instead, owners are encouraged to install electric heating and cooling systems, powered by a tried-and-true thermal technology called Heat Pumps. Further incentivized by the NY State, Smart Heating and Cooling Systems are cost-efficient and the best option for our planet.

See if your building is eligible for Smart Heating and Cooling

Energy efficiency upgrades can be confusing but we’re here to help. BlocPower has helped over 1000 property owners in New York make their buildings smarter, healthier, and greener.

See if Your Building Is Eligible

Smart Heating and Cooling in Action

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