So far only two states and around ten major cities have passed laws requiring commercial real estate owners to benchmark and disclose energy efficiency of their buildings. A number of other cities are looking to implement this practice as well so some REIT’s and other commercial real estate owners are considering proactively implementing these strategies with their properties.
A very good article detailing these guidelines including a map of the impacted areas was prepared by Karla Zens and published in the National Real Estate Investor and is available to read here.