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1972 – Over 45 years of service to the commercial industrial retail real estate industry – 2018.

ENERGY BENCHMARKING/DISCLOSURE REGULATIONS – FINAL APPROVAL

April 2, 2012

Many of you have been following the AB 1103-Benchmarking regulatory process for several years. Now is the last chance to review and comment prior to scheduled adoption in May. A coalition of business groups, led by BOMA California has worked, along with the Energy Commission to shape the regulations into something that implements the bill in the most efficacious manner possible.

The proposed regulations require the owner of a nonresidential building within California, in advance of the sale, lease, or and financing of the building, to benchmark the building’s energy use using the U.S. EPA’s Portfolio Manager system and to disclose statements of the building’s energy usage to potential buyers, leasees, and lenders. The proposed regulations also require utilities serving the building to release the most recent 12 months of energy use data for the entire building to an owner’s U.S. EPA’s Portfolio Manager Account.

Click here to read the proposed regulations; Revised Staff Draft, publication # CEC-400-2010-004-SD3.

A public hearing will be held on April 9 — final adoption is scheduled for one month later.

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