On April 22, 2024, Alexander Belman, Kelly Shubic Weiner, and Abigail A.F. Rose published, “Understanding Maryland’s Building Energy Performance Standard” in FacilitiesNet. The following is an excerpt:
The recently passed Climate Solutions Now Act is intended to reduce greenhouse gas emissions in a variety of ways. One of those ways is through Building Energy Performance Standards.
For facility managers in Maryland, any person or entity that owns a building in the state in excess of 35,000 square feet needs to be aware of the following:
- You could have emissions reporting requirements under the Statute and Proposed Regulations and should become familiar with the EPA’s Energy Star Portfolio Manager tool.
- You should understand what’s in your lease(s) and consider amending the same to allow collection of building energy consumption data in connection with the reporting requirement.
- If you are selling your building, you may have certain disclosure obligations to the purchaser.
Click here to access the article.