Chicago Benchmarking & Energy Cost Disclosure Renewable Cities Learning Forum May 19, 2017 1
Reach of the Benchmarking Ordinance necessitated a diverse group of stakeholders at the table • 2, 695 total reporting buildings, including 100+ voluntary reporters • 733 million square feet of space in reporting buildings • Reporting buildings represent ~23% of citywide energy use • All neighborhoods have at least 1 reporting building, and 87% have 5 or more
Track & reporting is associated with energy reductions
Partners lead support and technical assistance Chicago Energy Benchmarking Help Center – From 2014 -2016 : Over 10, 000 Help Center Interactions – In 2016: Over 182 hours of phone support and over 500 hours of email/webform support Free Trainings and Drop-In Assistance Energy Benchmarking Help Center, operated by Elevate Energy – From 2014 -2016 : 40 free trainings, led by local volunteers – In 2016: Six free drop-in help sessions Pro-Bono Data Verification Program – From 2014 -2016 : Over 100 property participants – 45 specialized volunteers have provided free support A pro-bono data verification team.
Energy Cost Disclosure History • “Heat Disclosure” required since 1987 – consumer protection • Ordinance updated in 2013 • Allowed for electronic information • First and only jurisdiction to have energy cost and energy use data into real estate listings in the United States • Why? • Better consumer information • Total cost of information • Cut paperwork Partners
What a Listing Looks Like
What a Listing Looks Like
Seeing trends on uptake • 13% of listings used automated system • 73/77 neighborhoods had ≥ 1 listing • Attached homes: additional $4, 576 in sales price
Lessons/What’s Next • It helps to have an old ordinance • This is a political exercise • What are the co-benefits? • Real estate cycles are long & disaggregated • Next Steps • Realtor Survey • 2016 data analysis Source: 2015 American Community Survey
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