Analysis of Job Creation and Energy Cost Savings From Building Energy Rating and Disclosure Policy

This study, by the Institute for Market Transformation and the Political Economy Research Institute (PERI) at the University of Massachusetts, Amherst, analyzes the potential of a national building energy rating and disclosure policy to create jobs and reduce energy-related expenditures in commercial and multifamily residential buildings. The analysis predicts such a policy would create more than 23,000 net new jobs in 2015 and more than 59,000 jobs in 2020, resulting from increased demand for energy efficiency services and technologies, and from the reinvestment of energy cost savings by consumers and businesses into the economy.