• Established in 1972 · CBPA has over four decades of service to the commercial industrial retail real estate industry
  • AB 1103 MANDATORY BENCHMARKING DELAYED UNTIL 2014

    Posted: August 19, 2013 | Posted by Crystal Whitfield | No Comments

    The Nonresidential Building Energy Use Disclosure Program (AB 1103) was officially set to start on  September 1, 2014, for buildings of 50,000 s.f. or more, however, the California Energy Commission has announced that it is delaying implementation of the program until January 1, 2014, due to ongoing issues coordinating implementation with the federal ENERGY STAR Portfolio Manager tool.

    Click here to see the official notice regarding delay of implementation.

    Even with this delay, we recommend that our members continue to prepare for implementation, including working through internal processes, lease language, setting up portfolio manager accounts, and going through training with ENERGY STAR (see below for opportunities).

    The law requires that anytime you finance, sell, or lease a whole building, you are required to run the ENERGY STAR numbers and provide that information to the other party in the transaction as well as the Energy Commission.

    The effective date of the regulations is now January 1, 2014, for buildings more than 10,000 square feet and up.

    In addition to providing information to the counterparties of the transaction there are also reporting requirements you must follow to provide information to the Energy Commission. The required documentation and reports should be printed from each building’s ENERGY STAR account and submitted to authorized counterparties of the transaction.



    What Do You Think. Please Leave a Comment.


    There are no comments yet, please leave one.