Seattle, WA - The City of Seattle sent letters to more than 800 large commercial property owners and managers today informing them about a new citywide program designed to help owners and managers assess and improve building energy efficiency and spur the market for building energy retrofits.
“Seattle’s buildings provide one of the greatest opportunities to generate energy savings and boost economic development for the city. This new program will help building owners take a key step toward increasing building energy efficiency, which, in turn, helps lower operating costs, makes buildings more competitive and creates good local jobs,” said Department of Planning and Development Director Diane Sugimura.
According to the U.S. Department of Energy, buildings consume more than 70 percent of the electricity generated in the U.S. and could be made 30 to 50 percent more energy efficient with currently available products and services. But many property owners and managers don’t know how well or poorly their buildings use energy or how their building’s energy performance compares to similar buildings. Also, consumers have no way to compare the energy performance of buildings they hope to buy or rent.
Under the new program, all commercial and multifamily residential buildings larger than 10,000 sq. ft. will be measured or “benchmarked,” for their energy performance using the U.S. EPA’s ENERGY STAR Portfolio Manager. Building energy ratings will also be provided to the City and to prospective buyers, tenants and lenders upon request during real estate transactions. The program first applies this fall to nonresidential buildings 50,000 sq. ft. or larger and extends to both nonresidential and multifamily residential buildings 10,000 sq. ft. or larger next April 2012.
Energy benchmarking is becoming a common practice among many large property owners and managers working to lower building operating costs and make buildings more competitive on the real estate market.
Managers of the historic Dexter Horton building in downtown Seattle have been benchmarking and rating the building’s energy performance for several years.
“The more aware you are of your building’s energy use and work to rein in energy waste today, the better positioned you’ll be in the future as energy costs continue to rise. By benchmarking the Dexter Horton building and making energy efficiency improvements, we are able to compete with buildings that are 60 years younger,” said Andrea Benvenuto of CB Richard Ellis, the company that manages the building.
Numerous studies show that energy-efficient buildings - in particular those with green certifications - out-compete inefficient buildings in terms of higher rental and sales prices and building occupancy levels.
“Our clients are looking for energy-efficient buildings because they understand these properties cost less to own and operate, hold their value, and make for better and more productive working environments. Having access to building energy information helps prospective buyers and tenants find energy-efficient buildings and reduces their exposure to the risks of owning or leasing in a less efficient building,” said Dave Low, Director of Sustainability Practices, Kidder Mathews.
For more information about the program, see the City’s Energy Benchmarking and Reporting Ordinance or email: energybenchmarking@seattle.gov.
Related Stories
| Nov 11, 2012
Greenbuild 2012 Report: K-12
High-performance schools put ‘sustainability’ in the lesson plan
| Nov 7, 2012
John Portman & Associates awarded new high rise in China
108-story building to rise in Nanning, the Capital City of Guangxi Province.
| Nov 7, 2012
Two Thornton Tomasetti projects receive 2012 International Architecture Awards for Best Global Design
The awards, presented by the Chicago Athenaeum Museum of Architecture Design, the European Center for Architecture Art Design, and Urban Studies and Metropolitan Arts Press, Ltd., recognize excellence in architecture and urban planning.
| Nov 6, 2012
Honeywell donates first responder products for Hurricane Sandy relief and recovery efforts
Honeywell Humanitarian Relief Fund to provide aid to local employees affected by Hurricane Sandy.
| Nov 6, 2012
Uponor files patent infringement suit against Sioux Chief Manufacturing
Uponor is seeking damages and an injunction to prevent Sioux Chief from selling the PowerPEX F1960 Ring with Stop, which it believes violates Uponor’s patent.
| Nov 6, 2012
Simpson Strong-Tie donates $25K to hurricane support
The company will also be matching employees’ personal contributions to the Red Cross and other nonprofit disaster relief organizations.
| Nov 6, 2012
Goettsch Partners designs new tower in Shunde, China
200-meter-tall building will be located between Guangzhou and Hong Kong.
| Nov 5, 2012
Brasfield & Gorrie awarded new steel processing facility for Kloeckner Metals
The construction will take place on a 16-acre greenfield site at ThyssenKrupp Industrial Park in Calvert.
| Nov 1, 2012
Greenbuild 2012 Report: Green Architecture Firms
Design firms deliver gold, platinum, even net-zero projects