Better Buildings Act Brings Energy Efficiency Opportunities to Tenants

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Bipartisan Bennet-Ayotte Legislation Aimed at Boosting Energy Efficiency in Commercial Buildings

Duane Tilden‘s insight:

>To date, the focus has been on how real estate owners and developers may lower energy consumption at the “whole-building” level. However, office tenants like data centers, law firms, banks, trading floors, restaurants, and retail stores use a lot of energy – especially in areas experiencing large growth and development. The Better Buildings Act takes a holistic approach by considering office tenants’ impact on energy consumption and behaviors.

In addition to the “Tenant Star” designation, the bill asks the Department of Energy to study and learn from private sector “best practices” of how commercially-leased spaces are designed to achieve high performance and help reduce utility costs for businesses.

“Senators Bennet and Ayotte have championed innovative, transformative energy policy through their Better Buildings Act and its ‘Tenant Star’ provisions,” said Jeffrey D. DeBoer, President and CEO of The Real Estate Roundtable. “Tenants consume 50% or more of the energy used by commercial buildings, so they should be recognized for making smart choices in high-performance design and operations within leased spaces they control.  This bill is a major step forward to better align commercial landlords and tenants toward a common goal of lowering energy use in built environments across our nation.”<

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