Businesses embrace ENERGY STAR for the same reasons that consumers do: it’s a widely recognized symbol of energy efficiency, translating technical details into simple, credible, and actionable information. ENERGY STAR tools and resources help businesses determine the most cost-effective approach to managing energy use in their buildings and plants—enabling the private sector to save energy, increase profits, and strengthen their competitiveness. As of 2016, thousands of diverse organizations across the nation—from Fortune 100® companies and major league sports teams to school districts and small businesses—have partnered with EPA to improve their facilities’ energy performance
Portfolio Manager and the 1 – 100 ENERGY STAR Score
Commercial buildings have embraced EPA’s energy measurement and tracking tool, ENERGY STAR Portfolio Manager. In fact, as of 2016, nearly 500,000 properties—representing about 50 percent of all U.S. commercial floor space—have used Portfolio Manager to measure and track their energy performance. Owners of commercial buildings and industrial plants have also adopted EPA’s 1 – 100 ENERGY STAR score as the industry standard for measuring energy performance. Learn more (maybe link to your other about us page here)
The value of ENERGY STAR certification for buildings
In 2016, more than 7,500 commercial buildings earned the ENERGY STAR, bringing the total to 29,500. Buildings that earn the ENERGY STAR use, on average, 35 percent less energy than their peers. For commercial real estate, ENERGY STAR is a market differentiator. Studies find that ENERGY STAR certified buildings command a premium of up to 16 percent for sales prices and rental rates.1 Real estate companies use EPA’s 1 – 100 ENERGY STAR score to demonstrate their sustainability to investors through reporting frameworks such as the Global Real Estate Sustainability Benchmark (GRESB) and the Sustainability Accounting Standards Board (SASB), and, for multifamily property owners, to access discounted financing through products offered by Fannie Mae, Freddie Mac, and the U.S. Department of Housing and Urban Development.
ENERGY STAR as a resource
Businesses and organizations also rely on ENERGY STAR as their trusted resource for practical information on saving energy. In 2016, American consumers and businesses visited the ENERGY STAR website more than 8 million times to learn how to reduce their energy bills, making use of popular tools such as ENERGY STAR Portfolio Manager®, the ENERGY STAR Home Advisor, and the Home Energy Yardstick.
Together, the ENERGY STAR program for commercial buildings helped businesses and organizations save $7.8 billion in energy costs in 2015, contributing to cumulative energy cost savings of $144 billion since 1992.*
Spotlight on: State and local benchmarking initiatives
As of the end of 2016, 23 local governments and two states rely on EPA’s ENERGY STAR Portfolio Manager tool as the foundation for their building energy benchmarking requirements, creating uniformity for businesses and reducing transaction and implementation costs. Combined, these requirements apply to approximately 100,000 buildings, representing more than 10.8 billion square feet.
Additional local governments and states have required ENERGY STAR Portfolio Manager in the benchmarking of their own facilities. Learn more.
Spotlight on: Texas A&M University
With a campus of more than 20 million square feet to manage, the energy team at Texas A&M University has to be strategic about where to invest. Working with ENERGY STAR, the team used Portfolio Manager to identify the 10 buildings with the highest energy consumption and the greatest room for improvement.
The team completed a full lighting retrofit, installed occupancy sensors and a pump variable frequency drive, and upgraded the Building Automation System. By knowing where to focus their improvements, Texas A&M was able to maximize their savings—$912,000 in a single year.
- Benchmarking and Disclosure: Lessons from Leading Cities, Boston Green Ribbon Commission, 2012,http://www.abettercity.org/docs/06.2012%20-%20Benchmarking%20report%20-%...(link is external)
* Estimated energy cost savings represent the present value of net energy cost savings, calculated by taking the difference between total energy bill savings and the incremental additional investment in energy-efficient technologies and services.