Connect with us

Hi, what are you looking for?

CleanTechnica

Buildings

Philadelphia Gets Green Boost with New Energy Benchmarking Bill

 
From the good folks over at the PennFuture Energy Center (image added):

Philadelphia skyline via Shutterstock 

Ignorance may be bliss, but it can be costly when it comes to energy usage. Commercial buildings in the U.S. account for 36 percent of total energy use and 65 percent of electricity consumption. Even small reductions in usage can help lower costs to building owners and tenants. According to the Environmental Protection Agency (EPA), decreasing energy costs by 30 percent in commercial real estate is the equivalent of increasing net operating income by 4 percent. It would appear a no-brainer to invest in energy efficiency to reduce consumption and save money, yet many commercial building owners have no idea how much energy they use and how they stack up.

Thanks to Philadelphia Councilwoman Blondell Reynolds Brown’s Energy Benchmarking Bill, which passed unanimously on June 21, 2012, city government and landlords will now have a much better understanding of energy usage in commercial buildings and how best to reduce consumption. The legislation requires commercial building owners with more than 50,000 square feet to record their yearly water and energy usage in EPA’s Portfolio Manager, which will enable property owners, tenants, prospective purchasers, lessees, and the public at large to compare energy and water usage among comparable buildings. The law goes into effect on June 1, 2013 and will be administered by the city’s Office of Sustainability. Failure to comply would be punishable by a $300 fine for the first 30 days and $100 per day after that.

With knowledge in hand, property owners can make informed decisions on how to improve the energy efficiency of their buildings, and tenants can factor in energy performance before signing a lease. Similar benchmarking laws are already in place in New York, Washington, D.C., Austin, Seattle, and San Francisco.

 
 
 
Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

We publish a number of guest posts from experts in a large variety of fields. This is our contributor account for those special people, organizations, agencies, and companies.

Comments

You May Also Like

Clean Transport

Landmark Blueprint Will Advance the President’s Clean Transportation Agenda, Slashing Consumer Costs, Improving Public Health, and Increasing the Nation’s Energy Security 

Biofuels

Can electric vehicles benefit from the US Renewable Fuel Standard (RFS) scheme? Reuters reports that it is highly likely that they can. It appears...

Fossil Fuels

Enough methane gas leaks from pipelines between Permian wellheads and processing facilities to power 2.1 million homes, a study published Tuesday in Environmental Science...

Buildings

What test should courts use to determine whether the Clean Water Act applies to EPA-designated wetlands? The answer could have significant implications for the...

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.