--- title: NYS Budget Proposal Allows Purchase of RECs for LL97 description: NYS Budget Proposal Allows Purchase of RECs for LL97 --- [![logo_full-color](https://stanwichenergy.com/hubfs/Website%20Assets%20-%202023/logos_NEW_updated_01-31/logo_full-color.svg "logo_full-color")](http://StanwichEnergy.com) [![logo_white](https://stanwichenergy.com/hubfs/Website%20Assets%20-%202023/logos_NEW_updated_01-31/logo_white.svg "logo_white")](http://StanwichEnergy.com) - [Services](https://stanwichenergy.com/services) - [Energy Procurement](https://stanwichenergy.com/services/energy-procurement) - [Sustainability](https://stanwichenergy.com/services/sustainability) - [Risk Management](https://stanwichenergy.com/services/risk-management) - [Demand Response](https://stanwichenergy.com/services/demand-response) - [Reporting](https://stanwichenergy.com/services/reporting) - [Energy Efficiency](https://stanwichenergy.com/services/energy-efficiency) - [About](https://stanwichenergy.com/about) - [Insights](https://stanwichenergy.com/insights) - [Energy Procurement](https://stanwichenergy.com/insights?topic=energy-procurement) - [Sustainability](https://stanwichenergy.com/insights?topic=sustainability) - [Markets](https://stanwichenergy.com/insights?topic=markets) [Contact Us](https://stanwichenergy.com/contact-us) [Log In](https://stanwichapp.com/home) [Contact Us](https://stanwichenergy.com/contact-us) [Log In](https://stanwichapp.com/home) ![](https://stanwichenergy.com/hubfs/Website%20Assets%20-%202023/images/stanwich-services-hero.jpg) # NYS Budget Proposal Allows Purchase of RECs for LL97 Sign Up for Blog Updates ## Explore Other Resources [All Resources](https://stanwichenergy.com/insights) [Energy Procurement](https://stanwichenergy.com/insights?topic=energy-procurement) [Sustainability](https://stanwichenergy.com/insights?topic=sustainability) [Markets](https://stanwichenergy.com/insights?topic=markets) ![Close](https://stanwichenergy.com/hubfs/raw_assets/public/images/stanwich-plus-button.svg) ## Subscribe Today! ## NYS Budget Proposal Allows Purchase of RECs for LL97 March 03, 2021 | [Stanwich Energy](https://stanwichenergy.com/insights/author/stanwich-energy-advisors) Local Law 97, the law that issues fines for buildings who exceed certain Greenhouse Gas Emission limits, has been modified in Governor Andrew Cuomo's proposed budget proposal.  The new provision would allow building owners to purchase Renewable Energy Credits (RECs) in order to reduce their calculated carbon emissions if the building exceeds the limits. This is a change from the original language in Local Law 97, which required building owners to pay for more expensive efficiency upgrades in order to reduce their building's emissions. If you have questions on this new change or would like to calculate whether your building currently exceeds the emission limits laid out in LL97, please contact Stanwich Energy Advisors. Insights ## Related Articles [News](https://stanwichenergy.com/insights?topic=news), [Sustainability](https://stanwichenergy.com/insights?topic=sustainability), [New York](https://stanwichenergy.com/insights?topic=new-york) #### [New York City Passes a "Green New Deal"](https://stanwichenergy.com/insights/nyiso-strategic-plan-copy) On May 18, 2019, the New York City Council passed Local Law 97, which sets limits for carbon... 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[Read More](https://stanwichenergy.com/insights/rethink-buying-in-winter-feb-2024) [![logo_full-color](https://stanwichenergy.com/hubfs/Website%20Assets%20-%202023/logos_NEW_updated_01-31/logo_full-color.svg "logo_full-color")](http://StanwichEnergy.com) Your Strategic Power Partner [![stanwich-icon-linkedin](https://23787763.fs1.hubspotusercontent-na1.net/hubfs/23787763/stanwich-icon-linkedin.svg)](https://www.linkedin.com/company/stanwich-energy/) [Contact Us](https://stanwichenergy.com/contact-us) [![stanwich-icon-linkedin](https://23787763.fs1.hubspotusercontent-na1.net/hubfs/23787763/stanwich-icon-linkedin.svg)](https://www.linkedin.com/company/stanwich-energy/) [877-214-9066](tel:+8772149066) [info@stanwichenergy.com](mailto:info@stanwichenergy.com) 2 Greenwich Office Park Greenwich, CT 06831 ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Stanwich Energy", "url" : "https://stanwichenergy.com/insights/author/stanwich-energy-advisors" }, "dateModified" : "2023-03-22T18:17:19.510Z", "datePublished" : "2021-03-03T18:25:04.000Z", "headline" : "NYS Budget Proposal Allows Purchase of RECs for LL97", "mainEntityOfPage" : { "@id" : "https://stanwichenergy.com/insights/nys-budget-proposal-allows", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://stanwichenergy.com/hubfs/Website%20Assets%20-%202023/logos_NEW_updated_01-31/logo_full-color.svg" }, "name" : "Stanwich Energy Advisors" } } ```