New Rules for the Mandatory Disclosure of Building Energy Efficiency
12th Nov 2009
From the second half of 2010, owners of commercial office buildings will be required to disclose energy efficiency ratings when they sell or lease their property.
This announcement was made today by the Environment Minister, Peter Garrett, and demonstrates the government’s ongoing commitment to improve the energy efficiency of commercial office buildings.
Under the mandatory disclosure scheme, building owners will need to provide a current Building Energy Efficiency Certificate (including a NABERS Energy base building star rating) whenever they are selling or leasing their property. Certificates will be valid for 12 months and owners of non-compliant buildings will face a fine or prosecution.
Minister Garrett warned, "If you are planning on selling or leasing office space, the first NABERS Energy base building star rating can take time. I encourage building owners to start now to prepare for the introduction of this measure."
A.G. Coombs is actively supporting customers in addressing the mandatory disclosure requirements with a wide range of resources including NABERS Accredited Assessors, experienced energy efficiency engineers and building automation specialists using leading technology systems and assessment tools.
A.G. Coombs is also at the forefront of cost-effective energy efficient upgrades. Through its Carbon Roadmap™ building upgrade process and energy performance contracts, the company is continuing to assist customers through the challenges of improving building energy efficiency.
A.G. Coombs is working with a number of Australia’s largest institutional property owners to optimise energy performance in their national building portfolios. As well as meeting mandatory requirements, there are significant ongoing benefits including reduced energy costs, increased building system reliability, tenant satisfaction and improved building valuations.