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A Greener California in the New Year: AB1103 in Effect!

After a number of delays, compliance with AB 1103 is required from January 1, 2014.

AB 1103 has finally been passed and is now officially in effect! Following a number of delays to address comments from the real estate industry, full compliance with California’s new energy disclosure law is required from January 1, 2014 for all buildings 10,000 square feet or larger.

AB 1103—Benchmarking California's buildings

AB 1103 requires commercial building owners to benchmark and dislcose a building's historical energy usage prior to selling, leasing, or financing the entire building. The statute requires energy consumption data to be collected frmo utility companies and entered into the Environmental Protection Agency's ENERGY STAR Portfolio Manager system, which generates an energy efficiency rating for the building.

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