Be Prepared – AB 1103 will happen in January 2013!

A new California Energy Commission regulation will take effect January 1, 2012. This regulation, AB 1103, requires the owner of a non-residential property with California, in advance of certain financial transactions, to benchmark the building’s energy use using the U.S. EPA Portfolio Manager system and to disclose statements of the building’s energy usage to potential buyers, lessees, and lenders.

The proposal states a building owner shall comply with this article according to the following schedule:

January 1, 2013Implementation for Buildings over 50,000 sf
July 1, 2013Implementation for Buildings over 10,000 sf
January 2, 2014Implementation for Buildings over 5,000 sf

This can be accomplished by going to Energy Star’s website.

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