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In recent years, a wide range of policy initiatives have been put into place to enforce energy conservation and efficiency. Submetering has been integrated into many of these policies as both a money saving incentive and a mandatory practice for certain buildings in the future.

The Energy Policy Act of 2005 (EPACT) is one of the major policy initiatives containing several sections pertaining specifically to metering.  EPACT states that all federal buildings must implement submetering, or some form of metering, by the year 2012. As the number of federal buildings spans well past 500,000, this act provides some insight into just how widely accepted submetering has become across the nation.

In addition to the mandates for federal buildings, the Energy Policy Act also offers tax deductions for design and construction of energy efficient commercial buildings. Submetering is included as a way for property owners to receive these benefits while conserving energy.

While these incentives are certainly a positive outcome of recent energy policies, the submetering process itself can help property owners to save money while increasing return on investment.  Contact WaterWatch Corporation today for more information.

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Energy usage benchmarking requirements have begun to appear in major cities across the nation, including New York, Seattle, and Austin. The energy consumption information recorded by multi-family and commercial properties in these cities will be provided to consumers and could serve as a factor for them to consider when making rental decisions.

In 2008, Washington, D.C. became the first city to pass an energy benchmarking law, set to be in full effect by the year 2013. Since the D.C. law was passed, energy benchmarking requirements have become more comprehensive, with the New York City laws additionally requiring the benchmarking of water. As our society continues to become more environmentally conscious, mandatory benchmarking will likely spread to even more major cities across the country.

Regardless of whether energy usage benchmarking is currently a requirement in your city, information on energy usage is useful to provide to residents and also helps to uncover potential savings your organization can receive. Our partners at Utility Bill Manager offer a wide range of energy management solutions, including energy procurement, energy star compliance, and vacant unit cost recovery for your organization to consider.

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A press release from the United States Department of Energy states that a research team led by Pennsylvania State University will receive up to $122 million in federal funding over the next five years to establish an “Energy Innovation Hub”.

The hub will focus on researching, developing, and implementing technologies to make buildings more energy efficient, with the ultimate goal of helping the United States to become a leader in the industry. The team will be comprised of academic researchers, two U.S. National Laboratories, and the private sector. Members of the Energy Innovation Hub hope to research and develop technologies that will help to reduce energy bills, cut carbon pollution, and are applicable to both retrofit and new construction

The focus on becoming a leader in energy efficiency will undoubtedly create greater awareness for the utility submetering industry in the United States. Submetering your property increases property value and promotes conservation among residents.

Is your organization interested in becoming a part of our nation’s movement towards energy efficiency? Contact WaterWatch Corporation today to schedule free property audit, and allow us to tailor a submetering system to best fit your organization’s needs.

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