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
This report 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 … Continued
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
China has been adding close to 20 billion square feet of new buildings each year, making it the largest market for new construction in the world. Though the enforcement of China’s building energy codes has been widely viewed as fraught with challenges, China has seemingly achieved unusual progress in improving its compliance rate at both … Continued
Within the past five years, two states and five major cities have passed building energy rating (or benchmarking) and disclosure policies that will affect some of the nation’s largest metropolitan real estate markets, including New York City, Los Angeles, Washington, DC, and Seattle. The energy performance of several billion square feet of floor space in … Continued
Update, 7/2012: See a comprehensive list of training and certification programs for energy engineers, auditors, and managers; in commissioning and retro-commissioning; and for facility managers. See also a list of HVAC technician training and certification programs. IMT conducted a review of professional certification programs in the building industry. There is growing demand from local, state, … Continued
Rating the energy performance of buildings is an emerging policy tool in both the United States and China. Although rating policies and practices between the two countries differ in terms of approach, structure, administration and support, the goal of encouraging greater energy efficiency and fewer greenhouse gas emissions in the building sector is shared. This … Continued
There is tremendous potential to achieve energy and greenhouse gas reductions in the U.S. building stock. Today, U.S. policymakers are turning their attention to existing buildings, where opportunities for greater energy efficiency are abundant but fraught with barriers that continue to severely impede progress. This paper examines how mandatory rating and disclosure policies can help … Continued
Goal: Enable the market to internalize the financial impacts of energy efficiency by reforming standard residential underwriting and appraisal practices. Read what IMT’s Cliff Majersik has to say about addressing this issue by clicking on the PDF.