By Marika Erdely, Founder and CEO of Green EconoME
Energy Disclosure Laws – What are the most recent developments?
Energy and water disclosure laws continue to make a presence nationally. During December 2016, the cities of Denver, CO; Orlando, FL; and Evanston, IL and finally, our own City of Angels signed legislation requiring energy and water disclosure laws. Mayor Garcetti signed Ordinance #184674 called the Existing Building Energy and Water Efficiency Program, affectionately called “EBEWE.”
Mayor Garcetti has mandated there be a reduction of energy usage of 15% by 2020, which was adopted by LA Department of Water & Power Board. Currently, approximately 50% of LA City’s electricity demand comes from 4% of the existing buildings.
The new ordinance is not tied to any financial transaction and will require annual reporting for all buildings over 20,000 sq.… Read the full article