Energize Des Moines, a voluntary program targeting occupied commercial, multifamily, hospitality, industrial and institutional buildings, has launched in an effort to reduce energy and water consumption 10% by 2020.
Focused on buildings of at least 25,000 square feet, the program officials will ask building owners and managers to benchmark at least 13 months of energy data through October 2017 by using the Department of Energy’s Energy Star Portfolio Manager software and enrolling the building with the city by Dec. 31.
According to businessrecord.com, beyond a savings on utility bills, the program could result in another, immediately understandable award for building owners. According to a pilot study by Principal Real Estate Investors and the U.S. Department of Energy, green buildings have lower operating expenses per square foot and also have lower rental concessions. Conversely, those buildings enjoy higher rents, occupancy, market value and net operating income.
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