The U.S. Department of Energy has released two resources to help analyze the energy, non-energy, and market transformation impacts of building energy benchmarking policies and programs.
One handbook provides methodologies for jurisdictions to use to analyze the impact of their benchmarking policies and programs. The second demonstrates the methodologies using real data from New York City’s benchmarking ordinance, Local Law 84 (LL84).
Building energy benchmarking is the process of measuring how efficiently a building uses energy relative to the other similar buildings over time. The DOE Benchmarking & Transparency Policy and Program Impact Evaluation Handbook provides cost-effective, standardized analytic methods for determining gross and net energy reduction, greenhouse gas (GHG) emissions mitigation, job creation and economic growth impacts.
The second report found that between 2010 and 2013—the first four years of LL84—buildings covered by the ordinance reduced energy use by 5.7% and lowered greenhouse gas emissions by 8.3%. The benchmarking efforts directly created 39 jobs as well another roughly 7,000 jobs through energy-efficiency activities.
Related Stories
Market Data | Jul 20, 2021
Multifamily proposal activity maintains sizzling pace in Q2
Condos hit record high as all multifamily properties benefit from recovery.
Multifamily Housing | Jul 19, 2021
HAL Architects designs 'swimmable bridge' that connects two residential buildings
The project has been dubbed Sky Pool.
Multifamily Housing | Jul 19, 2021
Artesa at Menifee Town Center provides urban-style living in a small-town setting
MBK Rental Living is the project’s developer.
Multifamily Housing | Jul 15, 2021
Greystar’s The Pullman is a new mixed-use apartment community in Denver
The Mulhern Group designed the project.
Multifamily Housing | Jul 15, 2021
Economic rebound leads to record increase in multifamily asking rents
Across the country, multifamily rents have skyrocketed. Year-over-year rents are up by double digits in nine of the top 30 markets, while national YoY rent growth is up 6.3%. Emerging from the pandemic, a perfect storm of migration, enhanced government stimulus and a hot housing market, among other factors, has enabled this extremely strong growth.
Multifamily Housing | Jul 13, 2021
489-unit multifamily community completes redevelopment in Missouri
The community is located in Chesterfield, Mo.
Multifamily Housing | Jul 11, 2021
New fixed-wood closet system for multifamily developments introduced
VUE is a new high-quality, economical fixed-wood shelving system from Organized Living.
Multifamily Housing | Jul 11, 2021
Aluminum railing systems offer ‘versatile styling, easy installation’
Trex Aluminum railing systems offer ‘versatile styling, easy installation,' says the manufacturer.