Energy Star BenchmarkingCalifornia Commercial Building Owners Must Disclose Energy Usage of the Building During Sale, Lease or Financing after July 1, 2013 Beginning, July 1, 2013, all California commercial buildings with a total gross floor area of more than 50,000 square feet are required to disclose the building's energy usage in advance of any sale, lease, or financing of the entire building. In order to ensure compliance with Assembly Bill 1103, owners of nonresidential buildings should:
Owners should also consider updating purchase agreements, lease forms, and financing documents to include an express acknowledgement by the buyer, tenant, or borrower, as applicable, of receipt of the Disclosure Data. Learn more by clicking this link and watching the video: http://www.allenmatkins.com/Publication ... ments.aspx Question: How does a building owner go about benchmarking? PG&E Customers: Keep in mind, this is a phased in requirement with the following implementation schedule:
Based on this schedule, in about a year the disclosure will be required of almost all commercial property transactions. Learn more at the Portfolio Manager Website - The EPA's system for helping you track and improve energy efficiency across your entire portfolio of buildings. |