A new policy is taking hold across the U.S. that could help motivate owners of apartment buildings and condo complexes to improve the energy efficiency of their buildings, slashing as much as $9 billion from energy bills for 40 million Americans.
This policy – energy benchmarking and disclosure – requires property owners to annually measure the energy performance of their buildings and make that information available to tenants and the broader public. Measuring and revealing building energy use works to drive owners to make improvements that lower energy costs for both owners and tenants.
Read the backgrounder for more information about energy issues facing the multifamily housing market and how benchmarking and disclosure policy addresses these challenges.
