Building Owners and Managers Association International has a great idea for members to observe Earth Day this year: Benchmark your building’s energy performance using ENERGY STAR Portfolio Manager.
As an ENERGY STAR Partner for more than a decade, Jones Lang LaSalle can attest to the value of participating in Portfolio Manager. While many of the buildings we manage were active participants through the years, some property managers didn’t take the time until the firm established a national mandate to do so. What we found when everyone was on board was that buildings in Portfolio Manager for more than two years had significantly higher ratings on average than the newcomers. The discipline of gathering and reporting energy information creates an awareness that tends to lead to improvement over time.
There are other good reasons to benchmark through ENERGY STAR. Some cities now require energy performance measurement and disclosure, so tenants and investors can make informed decisions when comparing buildings. Impending rules in New York and San Francisco will require owners to make improvements uncovered by energy audits, but buildings with a history of ENERGY STAR labels will be exempt from the audits.
Now BOMA provides yet another reason. BOMA STARS is the organization’s new campaign to encourage members to benchmark through ENERGY STAR and, by sharing the results with BOMA (under the same confidentiality terms as the organization’s operating data registry), BOMA will recognize participants with its own BOMA STAR designation. A step-by-step guide to sharing data with BOMA is here.
It’s a nice idea for Earth Day on April 22. But actually, it’s a good idea any time. Like today.