This news today on a new energy benchmarking ordinance in Cambridge comes from the Institute for Market Transformation (IMT). Large commercial, institutional, multifamily, and municipal buildings must track and report their energy and water use. The City Council of Cambridge, Mass., voted unanimously on Monday to approve the Building Energy Usage and Disclosure Ordinance (BEUDO), […]
Browsing the "Cliff Majersik" Tag
The U.S. Department of Energy (DOE) launched June 11 a free, open-source, standard software application for the management of building performance data, the first such software of its kind. The Standard Energy Efficiency Data platform (SEED) can be used by city governments, researchers, utilities, and others to manage, validate, and share large amounts of data […]
A groundbreaking change to the 2015 International Energy Conservation Code will offer a new way to achieve significant energy savings while providing more flexibility to builders. Energy efficiency advocates celebrated a major victory this week at the 2013 International Code Council (ICC) Annual Conference and Public Comment Hearings where building code officials approved an updated […]
Energy Benchmarking Key to Realizing $9 Billion in Savings in Apartments and Condos: Benefits for Owners and Renters
Almost 40 million Americans live in apartments and condominiums in multifamily buildings (those containing five or more units). Over the past decade, these Americans have seen their energy costs rise by 20 percent — more than three times the average rate of rent increases. A new report from the Institute for Market Transformation (IMT), Energy Transparency in the Multifamily Housing Sector, finds that the nation’s multifamily housing stock holds potential for major energy efficiency gains, which would improve housing affordability by keeping renters’ utility bills down. Transparency about buildings’ energy use can drive these gains.
In Part 2, we explore exactly what energy benchmarking is and how it is being used throughout the country.