SlideShare a Scribd company logo
1 of 16
Energy Benchmarking and
Disclosure in U.S. Cities
Cliff Majersik
Executive Director, Institute for Market Transformation
cliff@imt.org
2
A Virtuous Cycle
When performance is
measured, performance improves.
When performance is measured and
reported back, the rate of
improvement accelerates.

3
Rental Premiums for Green Commercial
Buildings in the US

Jackson, 2009

Pivo & Fisher, 2010

Wiley et
al., 2010

Fuerst &
McAllister, 2011

Eicholtz, 2010
Added Value of ENERGY STAR-Labeled
Commercial Buildings in the U.S. Market
Wiley et al 2010*
30%

Fuerst & McAllister 2009/11
Jackson 2009

25%

Pivo & Fischer 2010*

AVERAGE
PREMIUM

Eicholtz et al 2010*

20%

15%

10%

5%

0%

RENTAL PRICE

SALE PRICE

OCCUPANCY RATE
Building Sector Greenhouse Gas Emissions

Percentage of Total Carbon Emissions
from Building Sector
75

75

74

70

65

62

51

38

US

Chicago

Dallas

Minneapolis New York City Philadelphia

Salt Lake City Washington, DC

The building sector is the dominant user of energy and generator of CO2 emissions in
the U.S. This is more true in cities due to density.
Rating and disclosure drives demand and competition
Link between Codes and Energy Performance Policy

Energy Codes

Construction

Operation

Renovation

time

Energy Performance Policy

Operation
International Policy Timeline

1997: Denmark requires energy
certification for homes and buildings

2004:
Norway,
part of
the European Economic
Area, formally agrees to
implement the EPBD and
building certification
requirements

2007: Brazil adopts voluntary
building rating regulations that
become mandatory in 2012

2010: EPBD Recast
The EPBD is recast to
strengthen the
energy performance
requirements for all
EU Member States

1999: Australian Capital Territory
requires energy certification for homes
1996

1997

1998

1999

2000

2001

2002

2002: The European
Parliament adopts the
Energy Performance of
Buildings Directive (EPBD),
requiring all EU Member
States to establish
mandatory energy
certification schemes for
homes and buildings

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2008: China adopts a mandatory
energy rating program for
government buildings.
2008: Turkey
adopts a
mandatory
certification
scheme

2010: Australia
enacts mandatory
energy rating for
commercial
structures.
U.S. Benchmarking Policy Landscape
Covered Properties
New York City

Buildings 50k SF+
~16,000 buildings, 2.5 billion SF

San Francisco

Buildings 10k SF+
~2,700 buildings, 205 million SF
NUMBER OF PROPERTIES COVERED ANNUALLY

Each
year, existing
policies will
impact more
than

51,000
properties

Boston
1,600

Chicago
3,500
New York City
15,300

Philadelphia
1,400
Seattle
3,600

Washington State
4,600

Austin
2,800

San Francisco
2,700

Minneapolis
625

Washington, DC
2,000

California
13,600

Source: IMT
BUILDING AREA (IN SQUARE FEET) COVERED ANNUALLY

Totaling
approximately

5.8 billion SF
of floor space in
major real estate
markets

Chicago
900 million SF

Boston
250 million SF
Philadelphia
244.5 million SF
Seattle
295 million SF
Washington State
247 million SF
Austin
113 million SF
California
347 million SF
Minneapolis
110 million SF
Washington, DC
357 million SF

New York City
2.8 billion SF

San Francisco
205 million SF

Source: IMT
Early Energy Intensity Findings in New York City

The poorest performing
buildings use 4 to 8
times the energy of the
highest performing
buildings.

By improving the
poor performers
citywide energy
reductions of 18%
to 31% could be
achieved.
Takeaways
 Boldest action is in cities
- Federal outlook remains uncertain; state and local action to continue

 Leading cities are looking beyond disclosure
- Integrated policy frameworks emerging with focus on poor performers

 Support from business sector is critical
Thank you!

Cliff Majersik
Executive Director
Institute for Market Transformation
Washington, DC
cliff@imt.org

More Related Content

What's hot

GloSho'14: Accessing the Water and Energy Markets of California - Robert Weis...
GloSho'14: Accessing the Water and Energy Markets of California - Robert Weis...GloSho'14: Accessing the Water and Energy Markets of California - Robert Weis...
GloSho'14: Accessing the Water and Energy Markets of California - Robert Weis...Los Angeles Cleantech Incubator (LACI)
 
Energy Exposure Agency
Energy Exposure AgencyEnergy Exposure Agency
Energy Exposure AgencyBerea College
 
Renewable Energy Presentation - Joanne Howard
Renewable Energy Presentation - Joanne HowardRenewable Energy Presentation - Joanne Howard
Renewable Energy Presentation - Joanne Howarduktila
 
Abidjan | Mar 17 | National Energy Policy (NEP)
Abidjan | Mar 17 | National Energy Policy (NEP)Abidjan | Mar 17 | National Energy Policy (NEP)
Abidjan | Mar 17 | National Energy Policy (NEP)Smart Villages
 
Solar and Wind Manufacturing
Solar and Wind ManufacturingSolar and Wind Manufacturing
Solar and Wind Manufacturingroxinsolutions
 
Modes of commuting, workplace choice and energy use at home
Modes of commuting, workplace choice and energy use at homeModes of commuting, workplace choice and energy use at home
Modes of commuting, workplace choice and energy use at homeBen Anderson
 
Rodrigo The Hague Presentation - Mar 15
Rodrigo The Hague Presentation - Mar 15Rodrigo The Hague Presentation - Mar 15
Rodrigo The Hague Presentation - Mar 15RODRIGO ECHEVERRI
 
Brendan O'Donnell, Seattle City Light, November 2017
Brendan O'Donnell, Seattle City Light, November 2017Brendan O'Donnell, Seattle City Light, November 2017
Brendan O'Donnell, Seattle City Light, November 2017Forth
 
National Infrastructure Forum - London, June 2017
National Infrastructure Forum - London, June 2017National Infrastructure Forum - London, June 2017
National Infrastructure Forum - London, June 2017Nicholas Pollard
 
Confront Long-Term Unemployment New
Confront Long-Term Unemployment NewConfront Long-Term Unemployment New
Confront Long-Term Unemployment NewPaul H. Carr
 
David Cash masccc 2013
David Cash masccc 2013David Cash masccc 2013
David Cash masccc 2013Jen Boudrie
 
Energy Journal Shifting Balance Gulf Countries and the Energy Transition Bahrain
Energy Journal Shifting Balance Gulf Countries and the Energy Transition BahrainEnergy Journal Shifting Balance Gulf Countries and the Energy Transition Bahrain
Energy Journal Shifting Balance Gulf Countries and the Energy Transition BahrainPower System Operation
 
The Road Ahead: Massive Implementation of Solar and Efficiency in the San Die...
The Road Ahead: Massive Implementation of Solar and Efficiency in the San Die...The Road Ahead: Massive Implementation of Solar and Efficiency in the San Die...
The Road Ahead: Massive Implementation of Solar and Efficiency in the San Die...Center for Sustainable Energy
 
What's Solar Power Worth?
What's Solar Power Worth?What's Solar Power Worth?
What's Solar Power Worth?John Farrell
 

What's hot (20)

Power Bangladesh Expo
Power Bangladesh ExpoPower Bangladesh Expo
Power Bangladesh Expo
 
GloSho'14: Accessing the Water and Energy Markets of California - Robert Weis...
GloSho'14: Accessing the Water and Energy Markets of California - Robert Weis...GloSho'14: Accessing the Water and Energy Markets of California - Robert Weis...
GloSho'14: Accessing the Water and Energy Markets of California - Robert Weis...
 
Energy Exposure Agency
Energy Exposure AgencyEnergy Exposure Agency
Energy Exposure Agency
 
Renewable Energy Presentation - Joanne Howard
Renewable Energy Presentation - Joanne HowardRenewable Energy Presentation - Joanne Howard
Renewable Energy Presentation - Joanne Howard
 
USA Pollution
USA PollutionUSA Pollution
USA Pollution
 
Abidjan | Mar 17 | National Energy Policy (NEP)
Abidjan | Mar 17 | National Energy Policy (NEP)Abidjan | Mar 17 | National Energy Policy (NEP)
Abidjan | Mar 17 | National Energy Policy (NEP)
 
Solar and Wind Manufacturing
Solar and Wind ManufacturingSolar and Wind Manufacturing
Solar and Wind Manufacturing
 
Partnerships to Sustain Cape Town
Partnerships to Sustain Cape TownPartnerships to Sustain Cape Town
Partnerships to Sustain Cape Town
 
Modes of commuting, workplace choice and energy use at home
Modes of commuting, workplace choice and energy use at homeModes of commuting, workplace choice and energy use at home
Modes of commuting, workplace choice and energy use at home
 
Sgcp13emery
Sgcp13emerySgcp13emery
Sgcp13emery
 
Rodrigo The Hague Presentation - Mar 15
Rodrigo The Hague Presentation - Mar 15Rodrigo The Hague Presentation - Mar 15
Rodrigo The Hague Presentation - Mar 15
 
Brendan O'Donnell, Seattle City Light, November 2017
Brendan O'Donnell, Seattle City Light, November 2017Brendan O'Donnell, Seattle City Light, November 2017
Brendan O'Donnell, Seattle City Light, November 2017
 
Overview of Energy in Utah and Utah's Energy Goals
Overview of Energy in Utah and Utah's Energy GoalsOverview of Energy in Utah and Utah's Energy Goals
Overview of Energy in Utah and Utah's Energy Goals
 
National Infrastructure Forum - London, June 2017
National Infrastructure Forum - London, June 2017National Infrastructure Forum - London, June 2017
National Infrastructure Forum - London, June 2017
 
Ppt
PptPpt
Ppt
 
Confront Long-Term Unemployment New
Confront Long-Term Unemployment NewConfront Long-Term Unemployment New
Confront Long-Term Unemployment New
 
David Cash masccc 2013
David Cash masccc 2013David Cash masccc 2013
David Cash masccc 2013
 
Energy Journal Shifting Balance Gulf Countries and the Energy Transition Bahrain
Energy Journal Shifting Balance Gulf Countries and the Energy Transition BahrainEnergy Journal Shifting Balance Gulf Countries and the Energy Transition Bahrain
Energy Journal Shifting Balance Gulf Countries and the Energy Transition Bahrain
 
The Road Ahead: Massive Implementation of Solar and Efficiency in the San Die...
The Road Ahead: Massive Implementation of Solar and Efficiency in the San Die...The Road Ahead: Massive Implementation of Solar and Efficiency in the San Die...
The Road Ahead: Massive Implementation of Solar and Efficiency in the San Die...
 
What's Solar Power Worth?
What's Solar Power Worth?What's Solar Power Worth?
What's Solar Power Worth?
 

Similar to Building Energy Benchmarking and Disclosure in US Cities

ASHRAE benchmarking presentation by IMT 1-18-2014
ASHRAE benchmarking presentation by IMT 1-18-2014ASHRAE benchmarking presentation by IMT 1-18-2014
ASHRAE benchmarking presentation by IMT 1-18-2014Cliff Majersik
 
SPARK16 Presentation: Measuring for Results: Data and the Changing Energy Lan...
SPARK16 Presentation: Measuring for Results: Data and the Changing Energy Lan...SPARK16 Presentation: Measuring for Results: Data and the Changing Energy Lan...
SPARK16 Presentation: Measuring for Results: Data and the Changing Energy Lan...Urjanet
 
City Initiatives for Energy Efficiency, SPEER Conference, February.2014
City Initiatives for Energy Efficiency, SPEER Conference, February.2014City Initiatives for Energy Efficiency, SPEER Conference, February.2014
City Initiatives for Energy Efficiency, SPEER Conference, February.2014Cliff Majersik
 
NGA National Governors Assoc: IMT presentation on Benchmarking
NGA National Governors Assoc: IMT presentation on BenchmarkingNGA National Governors Assoc: IMT presentation on Benchmarking
NGA National Governors Assoc: IMT presentation on BenchmarkingCliff Majersik
 
NAREIT 1.9.2014 US Benchmarking laws, Green building, Property Value and Gree...
NAREIT 1.9.2014 US Benchmarking laws, Green building, Property Value and Gree...NAREIT 1.9.2014 US Benchmarking laws, Green building, Property Value and Gree...
NAREIT 1.9.2014 US Benchmarking laws, Green building, Property Value and Gree...Cliff Majersik
 
Building Energy Performance Data Transforming Markets - EIA 6-16-2015
Building Energy Performance Data Transforming Markets - EIA 6-16-2015Building Energy Performance Data Transforming Markets - EIA 6-16-2015
Building Energy Performance Data Transforming Markets - EIA 6-16-2015Cliff Majersik
 
Benchmarking, Data, and Utilities
Benchmarking, Data, and UtilitiesBenchmarking, Data, and Utilities
Benchmarking, Data, and UtilitiesCliff Majersik
 
Roofing to 2015
Roofing to 2015Roofing to 2015
Roofing to 2015linda3395
 
03_2019 Green Building Report.pptx
03_2019 Green Building Report.pptx03_2019 Green Building Report.pptx
03_2019 Green Building Report.pptxAnkitaNarwade2
 
Hank Courtright, EPRI: Realizing the Potential for Energy Efficiency and Car...
Hank Courtright, EPRI: Realizing the Potential for Energy Efficiency and Car...Hank Courtright, EPRI: Realizing the Potential for Energy Efficiency and Car...
Hank Courtright, EPRI: Realizing the Potential for Energy Efficiency and Car...Alliance To Save Energy
 
Unlocking Energy Effiency in China, Frances G. Beinecke
Unlocking Energy Effiency in China, Frances G. BeineckeUnlocking Energy Effiency in China, Frances G. Beinecke
Unlocking Energy Effiency in China, Frances G. BeineckeAlliance To Save Energy
 
Philadelphia Building Benchmarking
Philadelphia Building BenchmarkingPhiladelphia Building Benchmarking
Philadelphia Building Benchmarkinglevlane
 
US Construction Trends
US Construction TrendsUS Construction Trends
US Construction TrendsBEA Inc
 
U.S. construction trends and outlook (Q2 2015)
U.S. construction trends and outlook (Q2 2015)U.S. construction trends and outlook (Q2 2015)
U.S. construction trends and outlook (Q2 2015)JLL
 
Importance of Data Driven Decision Making in Enterprise Energy Management | D...
Importance of Data Driven Decision Making in Enterprise Energy Management | D...Importance of Data Driven Decision Making in Enterprise Energy Management | D...
Importance of Data Driven Decision Making in Enterprise Energy Management | D...Cairn India Limited
 

Similar to Building Energy Benchmarking and Disclosure in US Cities (20)

ASHRAE benchmarking presentation by IMT 1-18-2014
ASHRAE benchmarking presentation by IMT 1-18-2014ASHRAE benchmarking presentation by IMT 1-18-2014
ASHRAE benchmarking presentation by IMT 1-18-2014
 
SPARK16 Presentation: Measuring for Results: Data and the Changing Energy Lan...
SPARK16 Presentation: Measuring for Results: Data and the Changing Energy Lan...SPARK16 Presentation: Measuring for Results: Data and the Changing Energy Lan...
SPARK16 Presentation: Measuring for Results: Data and the Changing Energy Lan...
 
Key Drivers in Green Construction Market
Key Drivers in Green Construction MarketKey Drivers in Green Construction Market
Key Drivers in Green Construction Market
 
City Initiatives for Energy Efficiency, SPEER Conference, February.2014
City Initiatives for Energy Efficiency, SPEER Conference, February.2014City Initiatives for Energy Efficiency, SPEER Conference, February.2014
City Initiatives for Energy Efficiency, SPEER Conference, February.2014
 
NGA National Governors Assoc: IMT presentation on Benchmarking
NGA National Governors Assoc: IMT presentation on BenchmarkingNGA National Governors Assoc: IMT presentation on Benchmarking
NGA National Governors Assoc: IMT presentation on Benchmarking
 
NAREIT 1.9.2014 US Benchmarking laws, Green building, Property Value and Gree...
NAREIT 1.9.2014 US Benchmarking laws, Green building, Property Value and Gree...NAREIT 1.9.2014 US Benchmarking laws, Green building, Property Value and Gree...
NAREIT 1.9.2014 US Benchmarking laws, Green building, Property Value and Gree...
 
Building Energy Performance Data Transforming Markets - EIA 6-16-2015
Building Energy Performance Data Transforming Markets - EIA 6-16-2015Building Energy Performance Data Transforming Markets - EIA 6-16-2015
Building Energy Performance Data Transforming Markets - EIA 6-16-2015
 
Illuminating Lighting Policy
Illuminating Lighting PolicyIlluminating Lighting Policy
Illuminating Lighting Policy
 
Benchmarking, Data, and Utilities
Benchmarking, Data, and UtilitiesBenchmarking, Data, and Utilities
Benchmarking, Data, and Utilities
 
Cable tv
Cable tvCable tv
Cable tv
 
Out2010 Nyc
Out2010 NycOut2010 Nyc
Out2010 Nyc
 
Roofing to 2015
Roofing to 2015Roofing to 2015
Roofing to 2015
 
03_2019 Green Building Report.pptx
03_2019 Green Building Report.pptx03_2019 Green Building Report.pptx
03_2019 Green Building Report.pptx
 
Hank Courtright, EPRI: Realizing the Potential for Energy Efficiency and Car...
Hank Courtright, EPRI: Realizing the Potential for Energy Efficiency and Car...Hank Courtright, EPRI: Realizing the Potential for Energy Efficiency and Car...
Hank Courtright, EPRI: Realizing the Potential for Energy Efficiency and Car...
 
Unlocking Energy Effiency in China, Frances G. Beinecke
Unlocking Energy Effiency in China, Frances G. BeineckeUnlocking Energy Effiency in China, Frances G. Beinecke
Unlocking Energy Effiency in China, Frances G. Beinecke
 
Philadelphia Building Benchmarking
Philadelphia Building BenchmarkingPhiladelphia Building Benchmarking
Philadelphia Building Benchmarking
 
US Construction Trends
US Construction TrendsUS Construction Trends
US Construction Trends
 
U.S. construction trends and outlook (Q2 2015)
U.S. construction trends and outlook (Q2 2015)U.S. construction trends and outlook (Q2 2015)
U.S. construction trends and outlook (Q2 2015)
 
Egypt energy
Egypt energyEgypt energy
Egypt energy
 
Importance of Data Driven Decision Making in Enterprise Energy Management | D...
Importance of Data Driven Decision Making in Enterprise Energy Management | D...Importance of Data Driven Decision Making in Enterprise Energy Management | D...
Importance of Data Driven Decision Making in Enterprise Energy Management | D...
 

More from Cliff Majersik

PA/NJ codes and building performance policy presentation March 2013
PA/NJ codes and building performance policy presentation March 2013PA/NJ codes and building performance policy presentation March 2013
PA/NJ codes and building performance policy presentation March 2013Cliff Majersik
 
Vision 2020: Cracking the Energy Code
Vision 2020: Cracking the Energy CodeVision 2020: Cracking the Energy Code
Vision 2020: Cracking the Energy CodeCliff Majersik
 
Show Me the Data: Cannon Design Environmental Awareness Week 2012
Show Me the Data: Cannon Design Environmental Awareness Week 2012Show Me the Data: Cannon Design Environmental Awareness Week 2012
Show Me the Data: Cannon Design Environmental Awareness Week 2012Cliff Majersik
 
Using Benchmarking to Catalyze Greater Energy Efficiency
Using Benchmarking to Catalyze Greater Energy EfficiencyUsing Benchmarking to Catalyze Greater Energy Efficiency
Using Benchmarking to Catalyze Greater Energy EfficiencyCliff Majersik
 
Energy Data and Benchmarking
Energy Data and BenchmarkingEnergy Data and Benchmarking
Energy Data and BenchmarkingCliff Majersik
 
Local Law 84 Automated Benchmarking
Local Law 84 Automated Benchmarking Local Law 84 Automated Benchmarking
Local Law 84 Automated Benchmarking Cliff Majersik
 
Energy Usage Data System
Energy Usage Data SystemEnergy Usage Data System
Energy Usage Data SystemCliff Majersik
 
The Role of Energy in High-Performance Buildings
The Role of Energy in High-Performance BuildingsThe Role of Energy in High-Performance Buildings
The Role of Energy in High-Performance Buildings Cliff Majersik
 
Utility Data Access-7-27-2012 - IMT for EE Buildings Hub
Utility Data Access-7-27-2012 - IMT for EE Buildings HubUtility Data Access-7-27-2012 - IMT for EE Buildings Hub
Utility Data Access-7-27-2012 - IMT for EE Buildings HubCliff Majersik
 
IMT ppt for DOE's SEEAN webinar 7-26-2012
IMT ppt for DOE's SEEAN webinar 7-26-2012IMT ppt for DOE's SEEAN webinar 7-26-2012
IMT ppt for DOE's SEEAN webinar 7-26-2012Cliff Majersik
 
Building Energy Rating & Disclosure: A Catalyst for Efficiency
Building Energy Rating & Disclosure: A Catalyst for EfficiencyBuilding Energy Rating & Disclosure: A Catalyst for Efficiency
Building Energy Rating & Disclosure: A Catalyst for EfficiencyCliff Majersik
 

More from Cliff Majersik (11)

PA/NJ codes and building performance policy presentation March 2013
PA/NJ codes and building performance policy presentation March 2013PA/NJ codes and building performance policy presentation March 2013
PA/NJ codes and building performance policy presentation March 2013
 
Vision 2020: Cracking the Energy Code
Vision 2020: Cracking the Energy CodeVision 2020: Cracking the Energy Code
Vision 2020: Cracking the Energy Code
 
Show Me the Data: Cannon Design Environmental Awareness Week 2012
Show Me the Data: Cannon Design Environmental Awareness Week 2012Show Me the Data: Cannon Design Environmental Awareness Week 2012
Show Me the Data: Cannon Design Environmental Awareness Week 2012
 
Using Benchmarking to Catalyze Greater Energy Efficiency
Using Benchmarking to Catalyze Greater Energy EfficiencyUsing Benchmarking to Catalyze Greater Energy Efficiency
Using Benchmarking to Catalyze Greater Energy Efficiency
 
Energy Data and Benchmarking
Energy Data and BenchmarkingEnergy Data and Benchmarking
Energy Data and Benchmarking
 
Local Law 84 Automated Benchmarking
Local Law 84 Automated Benchmarking Local Law 84 Automated Benchmarking
Local Law 84 Automated Benchmarking
 
Energy Usage Data System
Energy Usage Data SystemEnergy Usage Data System
Energy Usage Data System
 
The Role of Energy in High-Performance Buildings
The Role of Energy in High-Performance BuildingsThe Role of Energy in High-Performance Buildings
The Role of Energy in High-Performance Buildings
 
Utility Data Access-7-27-2012 - IMT for EE Buildings Hub
Utility Data Access-7-27-2012 - IMT for EE Buildings HubUtility Data Access-7-27-2012 - IMT for EE Buildings Hub
Utility Data Access-7-27-2012 - IMT for EE Buildings Hub
 
IMT ppt for DOE's SEEAN webinar 7-26-2012
IMT ppt for DOE's SEEAN webinar 7-26-2012IMT ppt for DOE's SEEAN webinar 7-26-2012
IMT ppt for DOE's SEEAN webinar 7-26-2012
 
Building Energy Rating & Disclosure: A Catalyst for Efficiency
Building Energy Rating & Disclosure: A Catalyst for EfficiencyBuilding Energy Rating & Disclosure: A Catalyst for Efficiency
Building Energy Rating & Disclosure: A Catalyst for Efficiency
 

Recently uploaded

Kolte Patil Universe Hinjewadi Pune Brochure.pdf
Kolte Patil Universe Hinjewadi Pune Brochure.pdfKolte Patil Universe Hinjewadi Pune Brochure.pdf
Kolte Patil Universe Hinjewadi Pune Brochure.pdfPrachiRudram
 
DLF Plots Sriperumbudur in Chennai E Brochure Pdf
DLF Plots Sriperumbudur in Chennai E Brochure PdfDLF Plots Sriperumbudur in Chennai E Brochure Pdf
DLF Plots Sriperumbudur in Chennai E Brochure Pdfashiyadav24
 
Low Rate Call Girls in Triveni Complex Delhi Call 9990771857
Low Rate Call Girls in Triveni Complex Delhi Call 9990771857Low Rate Call Girls in Triveni Complex Delhi Call 9990771857
Low Rate Call Girls in Triveni Complex Delhi Call 9990771857delhimodel235
 
A Brief History of Intangibles in Ad Valorem Taxation.pdf
A Brief History of Intangibles in Ad Valorem Taxation.pdfA Brief History of Intangibles in Ad Valorem Taxation.pdf
A Brief History of Intangibles in Ad Valorem Taxation.pdfTim Wilmath
 
Partner With the Golden Life Community for Single Women Over 55
Partner With the Golden Life Community for Single Women Over 55Partner With the Golden Life Community for Single Women Over 55
Partner With the Golden Life Community for Single Women Over 55Ron Surz
 
Call Girls in Pitampura Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Pitampura Delhi 💯Call Us 🔝8264348440🔝Call Girls in Pitampura Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Pitampura Delhi 💯Call Us 🔝8264348440🔝soniya singh
 
Call Girls In Sahibabad Ghaziabad ❤️8860477959 Low Rate Escorts Service In 24...
Call Girls In Sahibabad Ghaziabad ❤️8860477959 Low Rate Escorts Service In 24...Call Girls In Sahibabad Ghaziabad ❤️8860477959 Low Rate Escorts Service In 24...
Call Girls In Sahibabad Ghaziabad ❤️8860477959 Low Rate Escorts Service In 24...lizamodels9
 
Ajmera Prive at Juhu, Mumbai E-Brochure.pdf
Ajmera Prive at Juhu, Mumbai  E-Brochure.pdfAjmera Prive at Juhu, Mumbai  E-Brochure.pdf
Ajmera Prive at Juhu, Mumbai E-Brochure.pdfManishSaxena95
 
Everything you ever Wanted to Know about Florida Property Tax Exemptions.pdf
Everything you ever Wanted to Know about Florida Property Tax Exemptions.pdfEverything you ever Wanted to Know about Florida Property Tax Exemptions.pdf
Everything you ever Wanted to Know about Florida Property Tax Exemptions.pdfTim Wilmath
 
Provident Solitaire Park Square Kanakapura Road, Bangalore E- Brochure.pdf
Provident Solitaire Park Square Kanakapura Road, Bangalore E- Brochure.pdfProvident Solitaire Park Square Kanakapura Road, Bangalore E- Brochure.pdf
Provident Solitaire Park Square Kanakapura Road, Bangalore E- Brochure.pdffaheemali990101
 
Mahindra Vista Kandivali East Mumbai Brochure.pdf
Mahindra Vista Kandivali East Mumbai Brochure.pdfMahindra Vista Kandivali East Mumbai Brochure.pdf
Mahindra Vista Kandivali East Mumbai Brochure.pdfPrachiRudram
 
Managed Farmland Brochures to get more in
Managed Farmland Brochures to get more inManaged Farmland Brochures to get more in
Managed Farmland Brochures to get more inknoxdigital1
 
Covid 19 and Market Impact during the Pandemic
Covid 19 and Market Impact during the PandemicCovid 19 and Market Impact during the Pandemic
Covid 19 and Market Impact during the PandemicTim Wilmath
 
Pride Wonderland Dhanori Pune Brochure.pdf
Pride Wonderland Dhanori Pune Brochure.pdfPride Wonderland Dhanori Pune Brochure.pdf
Pride Wonderland Dhanori Pune Brochure.pdfabbu831446
 
Rustomjee The Panorama At Pali Hill, Bandra West, Mumbai - Brochure.pdf
Rustomjee The Panorama At Pali Hill, Bandra West, Mumbai - Brochure.pdfRustomjee The Panorama At Pali Hill, Bandra West, Mumbai - Brochure.pdf
Rustomjee The Panorama At Pali Hill, Bandra West, Mumbai - Brochure.pdfmonikasharma630
 
How to Navigate the Eviction Process in Pennsylvania: A Landlord's Guide
How to Navigate the Eviction Process in Pennsylvania: A Landlord's GuideHow to Navigate the Eviction Process in Pennsylvania: A Landlord's Guide
How to Navigate the Eviction Process in Pennsylvania: A Landlord's GuideezLandlordForms
 
Call Girls in Inderpuri Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Inderpuri Delhi 💯Call Us 🔝8264348440🔝Call Girls in Inderpuri Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Inderpuri Delhi 💯Call Us 🔝8264348440🔝soniya singh
 
Ryan Mahoney - How Property Technology Is Altering the Real Estate Market
Ryan Mahoney - How Property Technology Is Altering the Real Estate MarketRyan Mahoney - How Property Technology Is Altering the Real Estate Market
Ryan Mahoney - How Property Technology Is Altering the Real Estate MarketRyan Mahoney
 

Recently uploaded (20)

Kolte Patil Universe Hinjewadi Pune Brochure.pdf
Kolte Patil Universe Hinjewadi Pune Brochure.pdfKolte Patil Universe Hinjewadi Pune Brochure.pdf
Kolte Patil Universe Hinjewadi Pune Brochure.pdf
 
DLF Plots Sriperumbudur in Chennai E Brochure Pdf
DLF Plots Sriperumbudur in Chennai E Brochure PdfDLF Plots Sriperumbudur in Chennai E Brochure Pdf
DLF Plots Sriperumbudur in Chennai E Brochure Pdf
 
Low Rate Call Girls in Triveni Complex Delhi Call 9990771857
Low Rate Call Girls in Triveni Complex Delhi Call 9990771857Low Rate Call Girls in Triveni Complex Delhi Call 9990771857
Low Rate Call Girls in Triveni Complex Delhi Call 9990771857
 
A Brief History of Intangibles in Ad Valorem Taxation.pdf
A Brief History of Intangibles in Ad Valorem Taxation.pdfA Brief History of Intangibles in Ad Valorem Taxation.pdf
A Brief History of Intangibles in Ad Valorem Taxation.pdf
 
Partner With the Golden Life Community for Single Women Over 55
Partner With the Golden Life Community for Single Women Over 55Partner With the Golden Life Community for Single Women Over 55
Partner With the Golden Life Community for Single Women Over 55
 
Call Girls in Pitampura Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Pitampura Delhi 💯Call Us 🔝8264348440🔝Call Girls in Pitampura Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Pitampura Delhi 💯Call Us 🔝8264348440🔝
 
Call Girls In Sahibabad Ghaziabad ❤️8860477959 Low Rate Escorts Service In 24...
Call Girls In Sahibabad Ghaziabad ❤️8860477959 Low Rate Escorts Service In 24...Call Girls In Sahibabad Ghaziabad ❤️8860477959 Low Rate Escorts Service In 24...
Call Girls In Sahibabad Ghaziabad ❤️8860477959 Low Rate Escorts Service In 24...
 
Ajmera Prive at Juhu, Mumbai E-Brochure.pdf
Ajmera Prive at Juhu, Mumbai  E-Brochure.pdfAjmera Prive at Juhu, Mumbai  E-Brochure.pdf
Ajmera Prive at Juhu, Mumbai E-Brochure.pdf
 
Everything you ever Wanted to Know about Florida Property Tax Exemptions.pdf
Everything you ever Wanted to Know about Florida Property Tax Exemptions.pdfEverything you ever Wanted to Know about Florida Property Tax Exemptions.pdf
Everything you ever Wanted to Know about Florida Property Tax Exemptions.pdf
 
Provident Solitaire Park Square Kanakapura Road, Bangalore E- Brochure.pdf
Provident Solitaire Park Square Kanakapura Road, Bangalore E- Brochure.pdfProvident Solitaire Park Square Kanakapura Road, Bangalore E- Brochure.pdf
Provident Solitaire Park Square Kanakapura Road, Bangalore E- Brochure.pdf
 
9953056974 Low Rate Call Girls In Saket, Delhi NCR
9953056974 Low Rate Call Girls In Saket, Delhi NCR9953056974 Low Rate Call Girls In Saket, Delhi NCR
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
Mahindra Vista Kandivali East Mumbai Brochure.pdf
Mahindra Vista Kandivali East Mumbai Brochure.pdfMahindra Vista Kandivali East Mumbai Brochure.pdf
Mahindra Vista Kandivali East Mumbai Brochure.pdf
 
Managed Farmland Brochures to get more in
Managed Farmland Brochures to get more inManaged Farmland Brochures to get more in
Managed Farmland Brochures to get more in
 
Covid 19 and Market Impact during the Pandemic
Covid 19 and Market Impact during the PandemicCovid 19 and Market Impact during the Pandemic
Covid 19 and Market Impact during the Pandemic
 
young call girls in Lajpat Nagar,🔝 9953056974 🔝 escort Service
young call girls in Lajpat Nagar,🔝 9953056974 🔝 escort Serviceyoung call girls in Lajpat Nagar,🔝 9953056974 🔝 escort Service
young call girls in Lajpat Nagar,🔝 9953056974 🔝 escort Service
 
Pride Wonderland Dhanori Pune Brochure.pdf
Pride Wonderland Dhanori Pune Brochure.pdfPride Wonderland Dhanori Pune Brochure.pdf
Pride Wonderland Dhanori Pune Brochure.pdf
 
Rustomjee The Panorama At Pali Hill, Bandra West, Mumbai - Brochure.pdf
Rustomjee The Panorama At Pali Hill, Bandra West, Mumbai - Brochure.pdfRustomjee The Panorama At Pali Hill, Bandra West, Mumbai - Brochure.pdf
Rustomjee The Panorama At Pali Hill, Bandra West, Mumbai - Brochure.pdf
 
How to Navigate the Eviction Process in Pennsylvania: A Landlord's Guide
How to Navigate the Eviction Process in Pennsylvania: A Landlord's GuideHow to Navigate the Eviction Process in Pennsylvania: A Landlord's Guide
How to Navigate the Eviction Process in Pennsylvania: A Landlord's Guide
 
Call Girls in Inderpuri Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Inderpuri Delhi 💯Call Us 🔝8264348440🔝Call Girls in Inderpuri Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Inderpuri Delhi 💯Call Us 🔝8264348440🔝
 
Ryan Mahoney - How Property Technology Is Altering the Real Estate Market
Ryan Mahoney - How Property Technology Is Altering the Real Estate MarketRyan Mahoney - How Property Technology Is Altering the Real Estate Market
Ryan Mahoney - How Property Technology Is Altering the Real Estate Market
 

Building Energy Benchmarking and Disclosure in US Cities

  • 1. Energy Benchmarking and Disclosure in U.S. Cities Cliff Majersik Executive Director, Institute for Market Transformation cliff@imt.org
  • 2. 2
  • 3. A Virtuous Cycle When performance is measured, performance improves. When performance is measured and reported back, the rate of improvement accelerates. 3
  • 4. Rental Premiums for Green Commercial Buildings in the US Jackson, 2009 Pivo & Fisher, 2010 Wiley et al., 2010 Fuerst & McAllister, 2011 Eicholtz, 2010
  • 5. Added Value of ENERGY STAR-Labeled Commercial Buildings in the U.S. Market Wiley et al 2010* 30% Fuerst & McAllister 2009/11 Jackson 2009 25% Pivo & Fischer 2010* AVERAGE PREMIUM Eicholtz et al 2010* 20% 15% 10% 5% 0% RENTAL PRICE SALE PRICE OCCUPANCY RATE
  • 6. Building Sector Greenhouse Gas Emissions Percentage of Total Carbon Emissions from Building Sector 75 75 74 70 65 62 51 38 US Chicago Dallas Minneapolis New York City Philadelphia Salt Lake City Washington, DC The building sector is the dominant user of energy and generator of CO2 emissions in the U.S. This is more true in cities due to density.
  • 7. Rating and disclosure drives demand and competition
  • 8. Link between Codes and Energy Performance Policy Energy Codes Construction Operation Renovation time Energy Performance Policy Operation
  • 9. International Policy Timeline 1997: Denmark requires energy certification for homes and buildings 2004: Norway, part of the European Economic Area, formally agrees to implement the EPBD and building certification requirements 2007: Brazil adopts voluntary building rating regulations that become mandatory in 2012 2010: EPBD Recast The EPBD is recast to strengthen the energy performance requirements for all EU Member States 1999: Australian Capital Territory requires energy certification for homes 1996 1997 1998 1999 2000 2001 2002 2002: The European Parliament adopts the Energy Performance of Buildings Directive (EPBD), requiring all EU Member States to establish mandatory energy certification schemes for homes and buildings 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2008: China adopts a mandatory energy rating program for government buildings. 2008: Turkey adopts a mandatory certification scheme 2010: Australia enacts mandatory energy rating for commercial structures.
  • 11. Covered Properties New York City Buildings 50k SF+ ~16,000 buildings, 2.5 billion SF San Francisco Buildings 10k SF+ ~2,700 buildings, 205 million SF
  • 12. NUMBER OF PROPERTIES COVERED ANNUALLY Each year, existing policies will impact more than 51,000 properties Boston 1,600 Chicago 3,500 New York City 15,300 Philadelphia 1,400 Seattle 3,600 Washington State 4,600 Austin 2,800 San Francisco 2,700 Minneapolis 625 Washington, DC 2,000 California 13,600 Source: IMT
  • 13. BUILDING AREA (IN SQUARE FEET) COVERED ANNUALLY Totaling approximately 5.8 billion SF of floor space in major real estate markets Chicago 900 million SF Boston 250 million SF Philadelphia 244.5 million SF Seattle 295 million SF Washington State 247 million SF Austin 113 million SF California 347 million SF Minneapolis 110 million SF Washington, DC 357 million SF New York City 2.8 billion SF San Francisco 205 million SF Source: IMT
  • 14. Early Energy Intensity Findings in New York City The poorest performing buildings use 4 to 8 times the energy of the highest performing buildings. By improving the poor performers citywide energy reductions of 18% to 31% could be achieved.
  • 15. Takeaways  Boldest action is in cities - Federal outlook remains uncertain; state and local action to continue  Leading cities are looking beyond disclosure - Integrated policy frameworks emerging with focus on poor performers  Support from business sector is critical
  • 16. Thank you! Cliff Majersik Executive Director Institute for Market Transformation Washington, DC cliff@imt.org

Editor's Notes

  1. Early Studies have been helpful, more research needed
  2. In large cities with significant public transportation, buildings typically account for 70% or more of CO2 emissions and energy usage.There are two types of policies that regulate energy consumption in buildings: building codes, and energy performance policy.
  3. This view is a little simplified, but in general, building codes touch the building at initial construction and then again during renovation. Energy Performance Policy complements traditional building codes by focusing on the operational phase of the building lifecycle.
  4. NewYork City: Properties over 50,000 SF account for ~2% of building stock by number, but 50% of floor area.