A full-service energy management resource 21­2.74­2.041­4

Services

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Portfolio Analysis

As your energy manager, Aurora Energy Advisors works closely with your senior management team to achieve effective energy oversight. Based on a thorough analysis of your current energy portfolio, Aurora creates a customized strategy to reduce and control energy costs for each property. As part of our process, we utilize a database to monitor your energy results on a continuous basis and make ongoing strategic decisions.

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Energy Supply Procurement

Aurora Energy Advisors goes far beyond initial energy supply procurement. Our team is constantly searching for additional opportunities to ensure that clients’ portfolios are in sync with the evolving marketplace. We employ a proprietary and transparent RFP process for energy supply procurement, ensuring that our clients will always pay the lowest possible energy costs.

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Local Law Compliance

Aurora Energy Advisors is the top energy management firm in New York City, specializing in Local Law compliance for New York’s Greener Greater Buildings Plan of 2009 and Climate Mobilization Act of 2019. We can ensure your buildings are in compliance with:

  • Local Law 84: ENERGY STAR Benchmarking – Buildings over 25,000 square feet must submit annual reports of energy and water usage
  • Local Law 87: Energy Audits and Retro-Commissioning – Buildings over 50,000 square feet must undergo periodic energy audits and retro-commissioning measures to ensure efficient operation
  • Local Law 88: Lighting Upgrades and Submetering – Buildings over 25,000 square feet must upgrade lighting to recent building code and install submeters for each tenant space over 5,000 square feet
  • Local Law 97: Carbon Emissions Limits – Buildings over 25,000 square feet must reduce carbon emissions below their allowable thresholds to meet the city’s goal of carbon neutrality by 2050
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Local Law 97 & Energy Efficiency

Whether your goal is ROI through utility cost savings or elimination of LL97 penalties through carbon reductions, Aurora Energy Advisors will work with you to customize a plan to make your building more energy efficient. Aurora utilizes sophistication and expertise to analyze each individual building’s LL97 outlook and create a unique carbon roadmap. Through our best-in-class engineering partners and building efficiency tech vendors, Aurora offers a full suite of services to develop solutions of any complexity.

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Third-Party Management Support

It is essential for third-party management companies to remain on the cutting edge of energy issues on behalf of their clients in order to stay competitive in the marketplace. Through our relationships with leading third-party management organizations, Aurora provides energy management services to more than 2,000 co-op and condo buildings, ensuring that every individual building under third-party management receives the same high-level and sophisticated service. Aurora is sensitive to the needs of both boards and managers, and understands the importance of maintaining strong trust between the two by working together with the managing agent.

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Energy Cost Management

Aurora works as the energy manager for many of the largest real estate organizations throughout the country. Billing errors may occur due to metering problems, calculation mistakes or the improper application of rates, contract prices and taxes. Aurora Energy Advisors analyzes all historical and ongoing utility invoices to determine accuracy and adjusts any discrepancies prior to payment.

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Budgeting & Reporting

Whether you own one property or one thousand, establishing a budget for your energy costs and planning ahead is critical to the financial success of your company. Aurora will work with you to develop an accurate and comprehensive budget that optimizes your energy investments. Aurora also provides you with valuable data tracking, charting and reporting to ensure that you have the most up-to-date and accurate analysis at your fingertips.

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Nationwide Energy Programs

Making the right decisions about energy usage and procurement becomes even more important when your business operates at a national scale. Aurora Energy Advisors takes pride in our unique ability to provide energy analysis and cost savings for the largest and most prominent real estate organizations nationwide. Our work has made a significant impact on the bottom line of real estate owners, developers, managers and large institutional REITs.

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Renewable Energy Programs

Renewable energy sources—whether co-generation, solar, wind, or hydropower—have become increasingly important to property owners in recent years. At Aurora, we fully support this growing awareness and sensitivity to environmental issues, and we are able to procure green power supplies that meet your needs while still ensuring competitive market rates.