Building Energy Benchmarking in B.C. June 14, 2017 http://www.pembina.org/benchmarking #BCBuildings

1. Brooks Barnett
June 14th 2017
Building Energy
Benchmarking Programs –
The Industry Perspective

2. REALPAC is Canada's senior national industry
association for owners and managers of
investment real estate.
Our members include publicly traded real
estate companies, real estate investment
trusts (REITs), private companies, pension
funds, banks and life insurance companies
with investment real estate assets.
The association is further supported by large
owner/occupiers and pension fund advisers
as well as individually selected investment
dealers and real estate brokerages.
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3. 1. Industry Perspectives on
Energy, Water Reporting
and Benchmarking
2. Keys for Success
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4. Industry Perspectives on Benchmarking
More and more governments are targeting GHG emissions
in the buildings sector – puts CRE front and centre.
Largest property portfolios are already measuring and
benchmarking their energy consumption, voluntarily.
Building owners understand that ‘what gets measured, gets
managed’ - translates into a ‘bottom-line benefit’.
Enables enhanced energy management, and improved
communication of industry trends.
Helps provinces and cities meet conservation and
greenhouse gas reduction goals.
Toronto: 78,000 to 223,000 equivalent tonnes of CO2 could
be avoided annually by 2020, contributing about 3% to
10% of 2020 GHG reduction goal of 30% below 1990
levels.
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5. Industry Perspectives on Benchmarking
Helps building owners identify opportunities to save energy
and water, thereby saving money on their utility bills.
Helps tenants and buyers make informed property decisions,
enabling property and financial markets to value energy- and
water-efficient buildings.
Energy savings lead to financial savings when building owners
and occupants see reductions in their monthly utility bills.
Tax payers will also carry less burden when infrastructure
upgrades become less intensive due to reduced energy
consumption throughout the city.
Toronto: By 2020 utility bill saving of $38 M to 108 M per year
are expected. Additional savings will escalate with rising utility
prices and decreasing consumption, saving a cumulative $1.9
Billion to $3.4 Billion over the next 20 years.
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6. Keys for a Successful Program
Effective Program Architecture;
Coverage
Phasing
Incentives
Exemptions
Industry Supports
No need to re-invent the policy wheel.
Provincially-led initiative preferable to municipally-led.
Key to successful program will be to overcome;
Data Accuracy
Analysis and Presentation
Varying Capacities across the Building Sector
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7. Keys for a Successful Program
Data Accuracy;
vital to take necessary steps to improve information access for
landlords and building owners.
Ex. retail shopping centers rarely have access to whole-building
energy data.
Data Analysis and Presentation;
Energy Star Portfolio Manager to be used to generate score based on
metrics collected from utilities.
Public disclosure of information may cause friction with industry if not
done properly. Important to tell a story and not just provide data.
Value in applications provided by Green Button standard; standardizes
information in a common format.
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8. Keys for a Successful Program
Varying Capacities across the Building Sector;
Management across the buildings sector vary in expertise and
experience with energy-related programming.
Complex systems will require extensive training for participants –
especially important in the case of Portfolio Manager and similar tools.
Difficult uptake for smaller buildings and non-institutional landlords.
Requires a commitment of resources.
Materials, training sessions, call centers, webinars etc.
Importance of the role of associations and landlords groups in
promoting best practices, support programs and even presentation of
data and key learnings, and EWRB legislative and program
amendments.
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9. Brooks Barnett
Manager, Government Relations and Policy
bbarnett@realpac.ca
416-642-2700 x224
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