Comply with Legislation meet mandatory benchmarking and disclosure requirements

Introduction to Benchmarking & Disclosure Mandates

An increasing number of cities and states are passing laws that require buildings to benchmark energy consumption and disclose the results to prospective buyers, tenants, and the public. In June, 2013, the City of Chicago became the latest major metropolitan city to enact legislation, and dozens of others are considering similar policies.

Compliance can be tricky and time-consuming. We'll take care of it for you.

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Compliance Process Overview


1

Create a Portfolio Manager Account

If you haven't already done so, create a free Energy Star Portfolio Manager account.
2

Benchmark Your Building

Input at least 12 months of energy and water bills into Portfolio Manager – for the building and each individual separately meter space. (Don't have time? We can import utility data for you.)
3

File Paperwork

Each municipality and state has slightly different formats for filing. Review your program's website for details. (Click the map or table above.)
4

Disclose Performance Data

When you lease space or sell your building, disclose your Energy Star score and related data to prospective lessees and buyers, as required.

Compliance can be tricky and time-consuming. We'll take care of it for you.

Get Help with Compliance

Frequently Asked Questions

How do I know if I'm required to benchmark my building?

Review the map and table above. If you're located in an area listed, then review the legislation details to see whether your property type and size are required to comply at this time. Most legislation is phased-in over several years, requiring that larger buildings benchmark first, followed by smaller properties. In most locations, industrial manufacturing facilities are exempted.

Why is my government making me disclosure my building's performance?

The basic logic behind benchmarking legislation is as follows:

  1. Governments want more efficient buildings (but either can't, or don't want to require that building owners make changes)
  2. Benchmarking and disclosure legislation is enacted
  3. Buyers and tenants are better informed as a result, and begin to make informed decisions based on the data
  4. Building owners and managers are driven to improve performance

What are the penalties for non-compliance?

Penalties for non-compliance vary by jurisdiction and can range from a few thousand dollars to $300 per day; and usually escalate over time. For more information, review the legislation details for your location by clicking the map or table above.

Is compliance a one-time thing, or do I have to "renew" periodically?

Most jurisdictions with benchmarking and disclosure legislation require you to report data annually. This is because benchmarking scores are based on Energy Star Portfolio Manager, which rates buildings relative to peers on an ongoing basis.

My building has many individual spaces and separate meters...what do I have to do?

In most locations, you'll need to work with tenants to get the data and aggregate it for the entire building. This can be challenging, especially for buildings with many separate meters. We offer benchmarking services to streamline the process.

To whom must I disclose building performance data? Is my data going to be made publicly available?

Probably not...at least not right now. (To date, no government has publicly released performance data for individual buildings.)

In most jurisdictions that require benchmarking, your building performance data is “consumed” by three different entities:

  1. Local or state government, presumably to drive reporting and future public policy decisions
  2. Prospective lessees (tenants), typically during the lease negotiation process
  3. Prospective buyers, typically during the acquisition process

How much does GreenPSF charge to handle this process for me?

Fees vary by location and complexity (number of individual spaces and meters), starting at a couple hundred dollars per building. Contact us for a quote.

My building isn't in a location that requires performance. Am I off the hook?

Technically, yes. However, regardless of whether your government requires it, benchmarking provides valuable information that every building owner and manager should know. The process is easy, and helps you save money and increase building value.