Get ready to report your building’s energy efficiency. The roster of U.S. cities requiring commercial property owners to benchmark such performance and disclose results to municipal authorities and the market at large is quickly approaching double digits.
The Minneapolis City Council approved the city’s ordinance in early February, boosting the number of municipal benchmarking mandates to seven—all of them major markets. The larger of the Twin Cities joined New York City, Washington, D.C., San Francisco, Seattle, Austin and previous newcomer Philadelphia in adopting mildly controversial annual benchmarking and disclosure regulations, each with its own program tweaks.
Boston became the eighth member of the club on May 9, planning to reduce greenhouse-gas emissions 25 percent by 2020. Nearby Cambridge is debating a proposed program, along with Chicago, Portland and Boulder.
Read more...Mandatory Benchmarking | Commercial Property Executive
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