HG Alert: Mandatory disclosure of energy efficiency for commercial office buildings - 28 July 2009

Commercial buildings reportedly account for at least 10 percent of Australia’s greenhouse gas emissions. Aside from the Carbon Pollution Reduction Scheme, Federal Government consultation has revealed the benefits (relative to costs) of a mandatory disclosure scheme, which would require the energy efficiency of a commercial office building to be disclosed at the point of sale or lease. The stated objective is to have new Federal legislation and regulation in place in 2010.

As an owner or tenant of a commercial office building you should be aware of the proposed Scheme. Obtaining a NABERS Energy rating next year will require you to record and report energy usage data now.

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