ENERGY STAR certified buildings and plants are good for the environment and good for your bottom line.
Eligibility
These property types are eligible to receive and ENERGY STAR rating:
• Bank branch
• Barracks
• Courthouse
• Data center
• Distribution center
• Financial office
• Hospital (general medical & surgical)
• Hotel
• K-12 school
• Medical office
• Multifamily housing
• Non-refrigerated warehouse
• Office
• Refrigerated warehouse
• Residence hall/ dormitory
• Retail store
• Senior care community
• Supermarket/grocery store
• Wastewater treatment plant
• Wholesale club/supercenter
• Worship facility
A score of 50 represents median energy performance, while a score of 75 or higher means your building is a top energy performer — and may be eligible for ENERGY STAR certification.
Benefits
Benefits
- It is the only energy efficiency certification that is based on actual, verified energy performance, making your buildings all the more attractive to potential buyers and lessees who want guaranteed savings.
- Certified buildings use, on average, 35 percent less energy than similar buildings nationwide. The cost savings can be substantial.
- Certification helps increase building value. ENERGY STAR certified buildings generate more income when compared to similar buildings.
- Because certified buildings are verified to use 35 percent less energy, on average, than similar buildings, they can also be verified to contribute 35 percent fewer greenhouse gas emissions to our atmosphere.
- ENERGY STAR certified buildings have higher occupancy rates when compared to similar buildings.
- If you want to lease your space to a federal tenant, your buildings must be ENERGY STAR certified.
- Are you developing commercial real estate? Achieving Designed to Earn the ENERGY STAR for your building designs can help mitigate risks to profitability by validating assumptions made during the development appraisal, such as operating costs, rents, asset value, and occupancy.
- Numerous cities and states have passed legislation containing energy efficiency mandates for commercial new construction projects and existing buildings. The vast majority of them incorporate ENERGY STAR and Designed to Earn the ENERGY STAR.
Are you an owner of multifamily housing? Fannie Mae, the leading provider of multifamily financing, has announced that it will offer owners of certified green buildings a significantly lower interest rate on their loans. The lower rate applies to a multifamily building’s refinance, acquisition, or supplemental mortgage, so it encourages existing buildings as well as new construction to become certified under any of the program’s recognized certifications, one of which is ENERGY STAR.
Getting Started
Let Bedford’s team of energy experts assist you in creating and managing an Energy Star portfolio for your building(s). We’ll take the headaches out of the paperwork and red tape, track your energy rating, and figure out numerous ways you can improve your building’s efficiency in order to increase your ENERGY STAR rating. Contact us today to learn more about the ENERGY STAR certification process.
