This report is an outcome of a roundtable convened in late 2010 by the IMT and senior policy implementers from 10 states and cities, national building energy efficiency experts, and leaders from the commercial real estate industry. The purpose was to discuss best practices for implementing commercial building benchmarking and disclosure policies. Many of these approaches have broad applicability both to current policy implementers and to those that may implement rating and disclosure policies in the future.
In 2011, New York City passed Local Law 84, which requires all large buildings in the city to measure and disclose energy consumption annually. This report analyzes data from the second year of benchmarking, and, as such, was the first report to be able to compare two robust sets of data. Among the more notable findings: the median 1 – 100 ENERGY STAR score of New York City buildings increased from a 64 to 67 between the two reporting years.
Read this report from A Better City and Meister Consultants Group, Inc., on behalf of the Boston Green Ribbon Commission’s Commercial Real Estate Working Group, to learn about the benchmarking and disclosure policies that are becoming a trend in major cities across America. This report summarizes lessons learned from the first U.S. cities to implement benchmarking and disclosure programs with interviews from city representatives as well as members of the federal government. The intent of these benchmarking and disclosure initiatives is to create market transparency and show building owners the value of improving a property's energy performance.
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.
This report by the Institute for Market Transformation shows how a new kind of energy policy is creating skilled, export-proof jobs in cities across the United States. Under this type of policy, called building energy rating and disclosure, owners of large buildings track exactly how much energy their properties use. Armed with this information, they can make changes that reduce their utility bills and those of their tenants—helping everyone’s bottom line. Within the report are profiles of business leaders who are adding jobs and expanding their client rosters. These are mostly small business owners who are pioneers in the emerging field of building energy management.