The Environmental Protection Agency (EPA) announced this week that beginning on September 16 multifamily properties will be able to receive a 1-100 ENERGY STAR score. Apartment owners and managers interested in receiving a score can begin entering required information about their buildings into EPA’s Portfolio Manager. Program awards will be available for properties that receive a performance score of 75 or higher.
Specifically, the Portfolio Manager tool will continue to chart property information, but will not provide a property ranking until September 16 when the score for buildings will become available. Although all properties can use the Portfolio Manager program, ENERGY STAR ratings will only be available for properties that are able to record aggregated, total energy consumption.
Buildings located in areas where utility providers do not currently provide whole building utility consumption data will not be able to get a score. However, the program will provide valuable information about the relative energy-efficiency of properties over time, as well as an assessment of upgrades that are made to building systems.
The 1-100 ENERGY STAR score also represents a major milestone for the Fannie Mae Multifamily Mortgage Business and its Green Initiative, which provided EPA with essential information on energy consumption and characteristics of multifamily properties drawn from their Multifamily Energy and Water Research Survey.
NMHC supported the survey, which is part of a broad national effort focused on understanding trends in energy and water consumption, as well as costs in multifamily properties. The survey provided EPA with a robust data set to supplement the information that the agency had collected in support of developing an ENERGY STAR rating for multifamily properties.
- Industry Weighs in on Proposal Requiring Universal Energy Benchmarking
- HUD Flips Switch on Utility Benchmarking for Assisted Properties
- Multifamily Resource: Energy Efficiency Tax Incentives
- ENERGY STAR National Building Competition Deadline Extended!
- EPA ENERGY STAR Launches Easy to Use Utility Data Benchmarking Tool