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Recognition of Energy Costs and Energy Performance in Real Property Valuation

In most buildings, energy consumption has significant influence on financial performance. Energy-efficient buildings can create significantly greater net income for owners than otherwise similar buildings that are not so efficient. However, energy efficiency is invisible, and therefore hard for real-estate stakeholders to track—and easy to overlook. Now that wide segments of the market are demanding … Continued

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

Major U.S. cities and states, including New York City, San Francisco, the District of Columbia, and California, now require building owners and operators to comparatively rate the energy performance of their buildings and disclose building energy-performance indicators to the marketplace. Existing policies are projected to impact more than 4 billion square feet of floor space … Continued

U.S. Energy Rating and Disclosure Policy Would Yield 59,000 Net New Jobs in 2020

An analysis conducted by the Institute for Market Transformation (IMT) and the Political Economy Research Institute (PERI) found that a rating and disclosure policy for commercial and multifamily residential buildings applied nationally would result in significant job growth, consumer energy savings and increased private investment in energy efficiency improvements. The analysis found that such a … Continued