In most buildings, energy consumption has significant influence on financial performance. Energy efficiency is notoriously hard for real-estate stakeholders to track—and easy to overlook. This fact sheet explores this important issue and details the highlights of a 2012 IMT report on energy costs, energy performance, and appraisal of property.
In order to receive American Recovery and Reinvestment Act funding, states had to guarantee that buildings would achieve 90 percent compliance with target energy codes by 2017. Subsequently, states have started to develop plans on how to measure and track code compliance. See the fact sheet for an outline of best practices for conducting a … Continued
State and even county governments can create structures for code enforcement, or increase support at the local level, by implementing some best practices. See the fact sheet for more.
Streamlining is the practice of improving building regulatory processes to remove overlap and create more efficient administrative procedures. It can make building departments more effective at enforcing building energy codes, while improving customer service and resulting in financial and energy savings. See the fact sheet to learn more.
IMT, Appraisal Institute Collaborate on Updated Guide, Which Explains the Effects of Energy Performance on Property Value
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
IMT recently released several brochures explaining how the International Energy Conservation Code (IECC) applies to additions, alterations, renovations, and repairs to buildings. Both commercial and residential buildings are covered, as are special focus areas: Commercial Lighting, Residential HVAC, and Residential Insulation & Air Leakage. We encourage builders and building officials to download and share them.