Section 48 of the Internal Revenue Code currently includes a 30% ITC for solar PV systems, fuel cells, small wind and some other technologies. The ITC allows those who install clean energy assets to subtract 30% of the project(s) value from federal income taxes owed. This 30% ITC significantly raises the economic value of renewable and clean energy projects -- both those pursued through capital purchase and those financed through leases, power purchase agreements, shared savings agreements, etc.
The ConEdison natural gas moratorium went into effect on March 15, 2019, affecting many towns in southern and eastern Westchester. This means if you are a resident or business-owner in the affected areas of Westchester, you will not be able to establish a new gas connection until the moratorium is lifted.
The ConEdison natural gas moratorium, which began in Westchester has now been expanded to include Brooklyn and Queens. It is restricting residents and business owners from establishing new gas connections due to constraints on the grid. In response to the moratorium, end users are searching for (and being incentivized to use) alternative technologies that reduce their dependence on natural gas. One such technology is the heat pump.
On January 17, 2019 ConEdison announced a natural gas moratorium for the more populated, southern portion of Westchester County. The moratorium went into effect on March 15, 2019. This means that ConEd will no longer accept applications for new natural gas connections, in most of their Westchester service territory - until they can more closely align customer demand with available supply. Existing customers are not affected, but service to new customers is now limited.
The Gotham 360 team took a trip to Arlington, VA to attend the JBG Smith 2019 Greenfair and Education Program. Sean Mullen, Sarah Gilly, and Ashley Kossakowski represented Gotham 360 at this tradeshow-style event with over 40 vendors that service JBG Smith. JBG SMITH is an S&P 400 company that owns, operates, invests in and develops assets concentrated in leading urban infill submarkets in and around Washington, DC. Their mixed-use operating portfolio comprises approximately 19 million square feet of high-quality office, multifamily and retail assets.
The words you choose are important, especially when attempting to communicate very complex issues to a broad swath of people. Take for example Mayor Bill de Blasio’s statement during his press conference to announce the passage of the Climate Mobilization Act, which intends to cap greenhouse gas emissions for all buildings in NYC:
Jennifer Kearney, Executive Partner of Gotham 360, spent the week of March 12 - 16, 2018, in Berlin, Germany as one of ten delegates from New York State for a special energy briefing and best practices exchange between New York and the nation of Germany.
After a successful inaugural delegation trip to Berlin in June 2017, the German Federal Ministry for Economic Affairs and Energy once again invited policy-makers, entrepreneurs, and energy experts from New York State to participate in a trip to Germany in March 2018.
The Gotham 360 team attended Greenbuild 2017 in Boston. Each year, Greenbuild brings together experts from all facets of sustainable buildings (and parking lots too!) for several days full of education sessions and an enormous expo hall.
Having several of our core staff at the conference meant that the team could split up and cover the various concurrent education sessions that were relevant to our clients within different industries - who hold different goals and face different roadblocks.