Energy Benchmarking For Multifamily Buildings
Building energy benchmarking involves collecting basic building information (such as year built, construction type and occupancy type) and at least one year of monthly energy usage data to compare a building’s energy use to similar buildings.
Benchmarking provides building owners and managers with objective data on their property’s energy performance. Better data helps owners and managers accurately value efficiency improvements. Studies show that more efficient buildings command higher lease rates and have increased asset value at resale.
- Applies to buildings greater than 50,000 square feet with 17 or more residential utility accounts
- Requires building owner or manager to complete an annual report using ENERGY STAR Portfolio Manager, a free online tool provided by the U.S. EPA
- Reporting deadline is June 1, 2019 and each June 1 thereafter