Energy benchmarking can unlock $9 billion in energy savings by 2020, suggests a recent report by the Institute of Market Transformation. Despite our lofty aspirations of energy independence and tackling global climate change, we are only beginning to implement the first step in the multifamily building sector – understanding our energy use. Multifamily
One of the bitter complaints about energy management and energy efficiency has been the lack of standardization in energy benchmarking, management, measurement and verificiation. Policymakers don’t like it because it is difficult to verify compliance, consumers can’t trust the information they receive
The purpose of the new “Building Energy Performance Standard for a Building in a Real Estate Transaction” (BEPA) is to define a commercially useful practice for conducting an energy assessment on a building involved in a commercial real estate transaction and subsequent reporting of the building energy performance information.