Building Energy Policies and Programs
The building sector is the single largest user of energy in the United States, accounting for roughly 40 percent of total energy consumption and costing Americans over $400 billion a year. Many buildings use more energy than they need to, yet owners and tenants can be deterred from performance improvements due to a lack of information, misaligned financial incentives, or insufficient capital.
From advocating for increased access to critical building performance data to establishing incentives to bolster efficiency at the local level via challenge programs to requiring action on efficiency, building performance policies and programs effectively drive awareness of and demand for efficient buildings with both beginners and front-runners alike.
Having worked in all types of cities and known for their apolitical approach, IMT’s staff of experts in public policy, real estate, advocacy, and government operations specialize in policies and programs that increase market demand for efficiency via three core mechanisms:
- Raise energy awareness through actions informed by engagement
IMT believes that every municipality has a role to play in creating a more efficient built environment. We’re also grounded in reality, acknowledging that every city is unique, and there is no one-size-fits-all solution. Despite variation, one need is consistent: active engagement of the real estate community in any process, to understand its needs, struggles, and preferences, and to respond accordingly.From measuring and sharing energy use (benchmarking and transparency) to performing energy audits (a “physical” for a building) to adopting energy-efficient lease terms and certifying building operators, IMT recognizes the need to raise awareness and understanding of a building’s performance against itself as well as its peers to identify and harness opportunity for improvement. From the extensive BuildingRating.org database that tracks benchmarking policy by jurisdiction, to our maps, policy comparisons charts, and respected research, IMT is a go-to resource for the public and private sectors alike.
- Implement policies and programs for long-term success
IMT is driven to create self-sustaining market demand for energy efficiency. We recognize that passing a policy or launching a program isn’t enough to secure long-lasting change. Our staff members work hand-in-hand with policy makers and implementers to ensure they are working in ways that stimulate market demand. And we don’t stop after policy passage or program launch.We continue our engagement by providing the knowledge and resources needed for long-lasting public and private sector engagement.In a number of pioneering jurisdictions, such as Washington, D.C., New York City, and several City Energy Project cities, embedded IMT staff have provided critical support in accelerating city government’s role as catalyst in establishing markets for more efficient buildings. Our subject matter experts are on-call and ready to provide assistance to any city wanting to know more about energy efficiency.
- Synthesize, distribute, replicate, and implement best practices
IMT is a foremost expert in innovative-yet-pragmatic market-based public policies and voluntary programs that can significantly cut energy and water waste and boost buildings’ efficiency. Using its unique range of expertise in both the public and private sectors, IMT helps cities and states select the mix of policies and programs that are likely to succeed in their local market.In addition to providing customized, one-on-one guidance to cities, IMT also specializes in creating, leading, and advising peer networks such as the City Energy Project that allow for the sharing, replication, and customization of industry-wide best practices.
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Visit our Resource Library to access an array of respected publications and tools on building performance policies and programs.