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AB 1103- Energy Disclosure Law Update

California is requiring Energy Disclosure via Assembly Bill 1103 (AB 1103) starting in 2011.   The California Energy Commission recently published the AB 1103 implementation schedule.

Real Estate owners are actively beginning to do energy audits and energy benchmarking to prepare for the implementation of this law in 8 months.

Building owners must disclose their building’s energy rating when:

(a) at or before the time the owner presents a sales contract to a prospective buyer;

(b) at or before the time the owner presents a lease for the entire building to a prospective lessee; and

(c) at or before the time the owner presents a loan application to finance the entire building to a prospective lender.

 The implementation schedule is as follows:

 (a) On and after January 1, 2011, a building owner shall disclose, pursuant to Section 1684, the building’s the CEC Commercial Building Energy Disclosure report for nonresidential buildings that:

     (1) are solely occupied by the owner; or

     (2) measure more than 50,000 square feet.

(b) On and after January 1, 2012, a building owner shall disclose, pursuant to Section 1684, the CEC Commercial Building Energy Disclosure report for nonresidential buildings that measure 10,000 to 50,000 square feet.

(c) On and after July 1, 2012, a building owner shall disclose, as described in Section 1684, the CEC Commercial Building Energy Disclosure report for buildings that measure from 1,000 to 10,000 square feet.

My firm, Partner Energy, is actively benchmarking hundreds of large commercial office buildings.   Give us a call at 888-826-1216 when you are ready to address this requirement.