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Growing Pains Predicted from Energy-Use Bill

ORANGE, CA-Planning ahead is crucial for property owners to comply with AB 1103, a new energy benchmarking initiative that goes into effect July 1, say speakers at the recent AIR Association seminar here.

By Carrie Rossenfeld | Updated on May 28, 2013

ORANGE, CA-Two new California bills that will go into effect as laws soon were the topic of discussion at the recent AIR Commercial Real Estate Association seminar series here: Assembly Bill 1103 and Senate Bill 1186. Both will impose requirements on property owners and brokers once they take effect, but early planning can go a long way toward easing the growing pains predicted for each, said Elizabeth Watson, a partner in the Los Angeles law firm Greenberg Glusker, who spoke at the meeting.

Watson tells GlobeSt.com that the original date the laws were supposed to go into effect is expected to be postponed from July 1 to August 1 due to the unavailability of the Energy Star Portfolio Manager site for a time later this month and extending into early July. That said, as of yet, no formal action has been taken to extend the effective date.

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