Engergy Star Certification
Earn recognition and increase your building's value with a ENERGY STAR Certification.
To be eligible for ENERGY STAR certification, a building must earn an ENERGY STAR score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide.
This 1 – 100 ENERGY STAR score is based on the actual, measured energy use of a building and is calculated within EPA’s ENERGY STAR Portfolio Manager tool. The score accounts for differences in operating conditions, regional weather data, and other important considerations.
Reasons to pursue ENERGY STAR Certification. For more details, please visit energystar.gov.
1. Energy cost savings lead to higher net operating income. Reliable, persistent energy savings make it more likely that this connection will be recognized with a higher building valuation. Numerous studies demonstrate a sale price premium from 1% – 31% among energy-efficient buildings.
2. ENERGY STAR certified buildings have fewer vacancies and higher rents when compared to similar buildings. In fact, numerous studies demonstrate occupancy levels up to 10% higher and rental premiums 3% to 16% higher.
3. If you want to lease your space to a federal tenant, your buildings must be ENERGY STAR certified. (Executive Order 13514 mandates that Federal Agencies may only lease space in ENERGY STAR certified buildings.)
4. Several studies on commercial mortgages find evidence of lower default risk among buildings with labels such as ENERGY STAR. As a result, these properties often secure better loan terms (longer
interest-only periods) and lower interest rates (typically about 30 – 35 basis points) than similar non-labeled buildings.
interest-only periods) and lower interest rates (typically about 30 – 35 basis points) than similar non-labeled buildings.
5. People prefer to work for organizations whose values match their own. According to a 2016 CONE Communications study (link is external), 75% of millennials and 50% of non-millennials would take a pay cut to work for a more responsible company.
6. ENERGY STAR certified buildings are well positioned to respond to benchmarking and performance mandates. ENERGY STAR certified buildings can be exempted from performance mandates, for example City of Los Angeles.
Locations:
San Jose, CA; Los Angeles, CA
Email:
info@enconda.com
Open Hours:
Mon-Sat: 9am - 6pm
