Commercial Building Energy Asset Rating Program: Market Research Report
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The purpose of this report was to analyze the potential market value of a commercial building energy asset rating program for the U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy.
|Commercial Building Energy Asset Rating Program: Market Research|
|Information Type: Reports and Publications|
|Date: April 2012|
The market research objectives were to: evaluate market interest and need for a program and tool to offer asset rating and rapidly identify potential energy efficiency measures for the commercial building sector; identify key input variables and asset rating outputs that would facilitate increased investment in energy efficiency; assess best practices and lessons learned from existing national and international energy rating programs; identify core messaging to motivate owners, investors, financiers, and others in the real estate sector to adopt a voluntary asset rating program and, as a consequence, deploy high-performance strategies and technologies across new and existing buildings; and identify leverage factors and incentives that facilitate increased investment in these buildings.
This report documented the analysis methodology and findings, conclusion, and recommendations, and met the intent of supporting and informing the DOE Office of Energy Efficiency and Renewable Energy on the market need and potential value impacts of an asset labeling and diagnostic tool to encourage high performance new buildings and building efficiency retrofit projects.
The market research presented in this report suggests that operational ratings alone provide an incomplete picture of the potential energy performance of the building. The energy performance of a building is subject to wide variation because occupancy, usage, and management are likely to change. Combining the asset rating with an operational rating can provide detailed information that can enable building operators, owners, and tenants to identify, prioritize, and justify energy investments and strategies.
Phase of Delivery Process
Education; Food Sales; Food Service; Health Care (Inpatient); Health Care (Outpatient); Lodging; Mercantile (Retail Other Than Mall); Mercantile (Enclosed and Strip Malls); Office; Public Assembly; Public Order and Safety; Religious Worship; Service; Warehouse and Storage; Other; Vacant; Datacenter; Higher Education; K-12 Education; Wastewater Plant; Multifamily Housing; Street Lights; Traffic Lights; Manufacturing Facility; Parking Garage