In the past few years, some states and cities have enacted policies requiring performance rating and disclosure for privately owned commercial buildings. With additional rating policy activities underway in more than a half-dozen jurisdictions, a proliferation of rating policies appears likely over the next several years.
In the absence of federal policy, states and cities have tailored rating and disclosure policies according to local needs and political considerations. This has resulted both in policy innovation and widely varying requirements among jurisdictions.
To keep real estate professionals informed of the energy benchmarking and reporting policy landscape, CBRE and IMT have partnered to develop this summary guide that provides a brief overview of the performance rating regulatory mandates in each jurisdiction.