Effective 1/1/14: Energy Benchmarking Mandatory for Real Estate Transactions in California
The State of California has passed Assembly Bill 1103 -- a mandated energy benchmarking program requiring that energy consumption metrics are disclosed upon the sale, lease, financing, or refinancing of non-residential, whole buildings. Initial compliance will be required on January 1, 2014 for buildings over 10,000 square feet.
To download EMG's quick guide on California Energy Benchmarking and AB 1103, click here.
To visit the California Energy Commission website, click here.
Energy Benchmarking by EMG provides insight into a facility's energy performance and helps identify energy saving opportunities and priorities.
Use an EMG Energy Benchmarking study to:
Establish a baseline for energy usage
Understand the magnitude and feasibility of potential energy savings
Identify potential areas for energy improvement and recommendations for action
Provide an Energy Star Rating, if available
EMG will collect and analyze the energy data (found in utility bills) for the property for the past 12-24 months, and review, if available, a prior property condition assessment or applicable engineering study. In addition, EMG will interview a facilities manager with knowledge of the property, notably building systems and components, in order to provide a general overview of the facilities and identify opportunities for energy unit and cost savings.
Energy benchmarking is a comprehensive service. Energy consumption will be compared to energy consumption from a large, national database of data for similar buildings. The database normalizes factors such as weather (including general regional weather patterns), occupancy, operation hours, and other building specific characteristics. Seasonal trends will be evaluated.
Related energy services include:
EMG believes businesses benefit financially by continually improving their management of energy resources, and the environment benefits from reduced levels of related pollution. We are proud to offer services and products that can assist businesses who have committed to the goals of ENERGY STAR.