Market Drivers
The proposed regulations require an owner of a nonresidential building within California, in advance of the sale, lease, and/or financing of the building, to benchmark the building’s energy use using the U.S. Environmental Protection Agency (EPA) Portfolio Manager system and to disclose statements of the building’s energy usage to potential buyers, lessees, and lenders.

The proposed regulations also require utilities serving the building to release the most recent 12 months of the entire building’s energy use data for the specified utility meters or accounts to an owner’s U.S. EPA’s Portfolio Manager Account.
 

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