AB 1103 MANDATORY BENCHMARKING DELAYED UNTIL 2014

The Nonresidential Building Energy Use Disclosure Program (AB 1103) was officially set to start on  September 1, 2013, for buildings of 50,000 s.f. or more. However, a representative of the Energy Commission has announced that enforcement of the law will be bumped back to January 1, 2014, due to ongoing issues coordinating implementation with the federal ENERGY STAR Portfolio Manager tool.

We recommend that our industry continue working to be prepared for implementation, including going through training with ENERGY STAR (see below for training 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 September 1, 2013 for large buildings (more than 50,000 square feet); January 1, 2014 for medium buildings (more than 10,000, and up to 50,000 square feet); and July 1, 2014 for small buildings (5,000 up to 10,000 square feet).

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.

 

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