Previously in this blog, I wrote about delays that had arisen in connection with the implementation of California legislation intended to benchmark energy consumption data for nonresidential buildings and to require disclosure of this data in conjunction with the sale, lease or refinancing of those structures. The California Nonresidential Energy Use Disclosure Program, known … [Read more...] about Energy consumption benchmarks for California nonresidential buildings
energy Usage
HUD opens the door for California property owners to take advantage of special funding for “green” upgrades
Green Energy Funding In a policy shift with potentially far-reaching benefits, the U.S. Department of Housing and Urban Development (“HUD”) has recently given the green light to owners of California residential, commercial and multifamily properties to take advantage of special funding sources for energy efficiency, water efficiency, and renewable energy projects with little … [Read more...] about HUD opens the door for California property owners to take advantage of special funding for “green” upgrades
New developments in residential solar electricity
A few months back, I noted in my blog a number of problems that had begun to arise in the booming residential solar electric lease industry. These difficulties, which posed a number of significant unforeseen drawbacks for many consumers who elected to tap this alternative energy source, were beginning to cause many to question the benefits of leasing residential solar electric … [Read more...] about New developments in residential solar electricity
Energy consumption benchmark requirements for some nonresidential building delayed until July 2016
Energy usage of nonresidential buildings can be an unknown and hidden cost of ownership when contemplating a commercial real estate deal. The California Nonresidential Energy Use Disclosure Program (AB 1103) was supposed to introduce transparency into these transactions, mandating the benchmarking of energy use as well as the disclosure of such information at least 24 hours … [Read more...] about Energy consumption benchmark requirements for some nonresidential building delayed until July 2016