A growing body of research demonstrates that ENERGY STAR certified buildings on average use 35% less energy than comparable buildings, command higher occupancy rates and rental premiums, and reduce air emissions as well as operating costs. According to ENERGY STAR data, buildings that benchmarked for three years saw an average energy savings of 7%.
Whether you want to reduce your carbon footprint or simply save money, energy efficiency is key. You must measure your energy use in order to manage it. The MN ENERGY STAR Challenge will help you to track your energy consumption with the EPA’s (Environmental Protection Agency) ENERGY STAR Portfolio Manager and provide assistance to become ENERGY STAR certified.
The first step to improve energy performance is understanding how much is currently being used. ENERGY STAR Portfolio Manager is a free tool both property managers and building owners can use to get a 1-100 score on energy performance of buildings. A score of 50 is the national average, and any building that scores 75 or higher is eligible for ENERGY STAR certification, which celebrates high performance. A recent study showed ENERGY STAR certified buildings have Kingsley tenant satisfaction scores that are 30 points higher than non-ENERGY STAR buildings.