On Sept. 1, owners of non-residential buildings 50,000 square feet or greater will be required to disclose energy usage when they sell their properties. California Assembly Bill 1103 has now been codified into regulations, which will require disclosure of the building’s most recent 12 months of energy usage prior to any sale, lease or financing of the entire building.
For energy managers, this means they should start preparing for the possibility of a transfer that will necessitate a Statement of Energy Performance.
Read more at Energy Manager Today.
