Chicago Benchmarking & Energy Cost Disclosure Renewable Cities Learning Forum May 19, 2017

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 Energy Benchmarking Help Center, operated by Elevate Energy Free Trainings and Drop-In Assistance 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.

Partners 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

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

It helps to have an old ordinance This is a political exercise 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