Int. No. 426-A
By Council Members Constantinides, Reynoso, Kallos, Ayala and Rivera
Title
A Local Law to amend the administrative code of the city of New York in relation to the installation of solar water heating and thermal energy systems on city-owned buildings
Body
Be it enacted by the Council as follows:
Section 1. Chapter 2 of title 4 of the administrative code of the city of New York is amended by adding a new section 4-207.4 to read as follows:
? 4-207.4 Solar water heating and thermal energy systems for city-owned buildings. a. As used in this section, the following terms have the following meanings:
City building. The term "city building" means a building that is owned by the city or for which the city regularly pays all of the annual energy bills, or a cultural institution that is in the cultural institutions group as determined by the department of cultural affairs for which the city regularly pays all or part of the annual energy bills.
Commissioner. The term "commissioner" means the commissioner of citywide administrative services.
Cost effective. The term "cost effective" means, with respect to the installation of a solar water heating or thermal energy system, that the cumulative savings expected to result from the use of such system, including expected savings in energy costs, will, within 25 years of such installation, be equal to or exceed the expected costs of the acquisition, installation, and maintenance of such system during that same time period. The determination of cost effectiveness shall not include any savings in costs directly attributed to federal, state and other non-city governmental assistance, but shall include the social cost of carbon value, as provided in paragraph 3 of subdivision d of section 3-125 or pursuant to paragraph 4 of subdivision d of section 3-125, provided, however, that a site- or project-specific social cost of carbon value may be developed and used in ...
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