ENERGY STAR products are independently certified to save energy without sacrificing features or functionality. Saving energy helps prevent climate change. Look for the ENERGY STAR label to save money on your energy bills and help protect our environment.
Improving your home's energy efficiency with ENERGY STAR can help to lower high energy bills, improve comfort and reduce greenhouse gas emissions. Learn about the many ways to save in your home and track your progress with "My ENERGY STAR" - your new dashboard to savings.
A new home that has earned the ENERGY STAR label has undergone a process of inspections, testing, and verification to meet strict requirements set by the US EPA. ENERGY STAR certified homes use 15-30% less energy than typical new homes while delivering better comfort, quality, and durability.
This report from Maastricht University discusses the effects of the sustainability of commercial properties on their operating and stock performance. Investors considering incorporating the environmental performance of a building into investment decisions may benefit from this report. Using a sample of U.S. Real Estate Investment Trusts (REITs), the report estimates that an REIT's sustainability is positively related to return on assets, return on equity, and the ration of funds from operations to total revenue.
This report from the University of Illinois at Chicago defines responsible property investing (RPI) as including facets such as investing in ENERGY STAR certified properties, transit-oriented development, and redevelopment areas. It shows that investors could have purchased a portfolio consisting solely of RPI office properties over the past 10 years and had performance that was better, at less risk, than a portfolio of properties without RPI features.
What are the cost benefits to building green? This report from Springer Science + Business Media answers the question by exploring the relationship between green building design and leasing, as well as sales markets for commercial real estate. Energy efficient design can cost more, but it results in higher occupancy, rents, and selling prices for your ENERGY STAR certified projects.
This report from the Green Building Finance Consortium demonstrates that investing in energy efficiency enhances value in your real estate portfolios. This report takes a look at the growing demand for more efficient buildings, sales prices, lease rates and occupancy rates. It also provides real estate investors with academic and industry research, key steps, and best practices for integrating energy efficiency across your portfolios.
This report from the Institute for Market Transformation examines how mandatory rating and disclosure policies can help achieve real progress in reducing energy use and greenhouse gas emissions in U.S. commercial buildings. Using best practices in current policies, this paper lays out a policy framework for maximizing the market transformation potential of rating commercial buildings.
This paper from Maastricht University compares certified green buildings with nearby buildings and determines that buildings with green ratings command substantially higher rents and selling prices than otherwise comparable buildings. According to researchers, ENERGY STAR certified buildings command a rental premium of about 3%, have higher occupancy, and bring in a 16% premium on selling prices.
This paper from the Institute of Business and Economic Research explores the effect that sustainability improvements in buildings have on the economy. The paper discusses the measurements and data sources documenting the energy efficiency of U.S. buildings, analyzes short-run price dynamics based on a panel of green commercial buildings, and presents new evidence on the economic returns to the investments in green buildings.
Read this report from New York City to learn about its benchmarking ordinance, which requires all large buildings in the city to measure and disclose energy consumption annually. This report is the first analysis of New York City benchmarking data and provides comprehensive recommendations to improve the quality of energy benchmarking and the ease of compliance for building owners.
According to this landmark study by McKinsey & Company, energy efficiency is a huge untapped energy resource in the United States. How big? They estimate the country could reduce greenhouse gas emissions by 23 percent through cost-effective investments in energy efficiency. This is like taking the entire U.S. fleet of passenger vehicles and light trucks off the roads. The study also highlights the important role benchmarking plays in unlocking the barriers to efficiency.
This white paper from the Green Building Finance Consortium examines the untapped energy efficiency potential held by commercial buildings in the state of California. It analyzes obstacles to achieving widespread adoption of building efficiencies and explores approaches to removing these barriers.