Government forces more vendors to provide Energy Efficiency Certificate to buyers before they sell
Sellers and lessors of office space of 2,000 sqm or more and from 1 July 2017 1,000 sqm or more need to obtain a Building Energy Efficiency Certificate (BEEC) before the building is offered for sale, lease or sublease.
The Building Energy Efficiency Certificate highlights the energy efficiency ratings of a building or area of a building that is offered for sale, lease or sublease. The BEEC contains a NABERS and the TLA.
The National Australian Built Environment Rating System (NABERS) Energy for offices rating helps identify the energy efficiency of a building. The second part to the BEECs is the Tenancy Lighting Assessment (TLA), this measures the power density of the installed general lighting system of the building.
These assessments are valuable information to building owners and tenants as it can be used to improve the building’s energy efficiency. It can also be used by the Commercial Building Disclosure (CBD) team to send building owners targeted energy efficiency information.
Sellers and lessors of office space of 2,000 sqm or more (1000 sqm or more from 1 July 2017) are required to have the latest BEEC for their building to comply with legal obligations under the Building Energy Efficiency Disclosure Act 2010.
For building owners, to obtain a BEEC they must appoint a CBD accredited assessor. Only CBD accredited assessors can perform assessments and apply for a BEEC on behalf of building owners or lessors.
If a building does not already have a NABERS Energy for office ratings and/ or CBD lighting assessment, allow a timeframe of up to eight weeks for the assessment to be performed and processed by the assessor and an additional 28 days for the BEEC application to be processed by the Commercial Building Disclosure team.
Click here to find out if a building already has a BEEC http://cbd.gov.au/registers/find-a-rated-building
The results from the BEEC can be used by building owners to make small changes to improve the energy efficiency of their building such as installing energy efficient lighting, ensure efficient heating and cooling systems and install energy saving materials, for example insulation and double glazed windows to reduce energy consumption and costs in the building.
Additionally this information will empower buyers and renters of commercial office buildings with trustworthy information to compare buildings and energy costs.