Many of you have asked how two new energy laws SB 350 and AB 802 will impact the commercial real estate industry and your buildings.
The California Energy Commission is hosting a webinar on these measures in December that you, as members of BOMA, may want to participate in and/or make sure that your colleagues know about the opportunity.
AB 802 is the bill that allows for below code energy projects and re-writes the mandatory benchmarking statute. BOMA California supported this measure.
SB 350 is the measure that requires that California doubles its energy efficiency. BOMA was neutral on this measure after amendments were taken to clarify the goal and process.
Both of these measures set up a regulatory process that our industry will be active and engaged in. BOMA California members feel confident that if our they work with the CEC and other state agencies charged with implementing these measures that the end result can be very positive for our the commercial real estate industry.
AB 802 is the bill that allows for below code energy projects and re-writes the mandatory benchmarking statute. BOMA California supported this measure.
SB 350 is the measure that requires that California doubles its energy efficiency. BOMA was neutral on this measure after amendments were taken to clarify the goal and process.
Both of these measures set up a regulatory process that our industry will be active and engaged in. BOMA California members feel confident that if our they work with the CEC and other state agencies charged with implementing these measures that the end result can be very positive for our the commercial real estate industry.
However, if the industry does not focus the appropriate resources and attention on these processes, the potential of complicated and onerous regulations that hamper your ability to efficaciously manage properties could result.
Click here to register for the webinar. Details:
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