Energy Sustainability
BOMA Fights to Save EPA’s ENERGY STAR Program
BOMA Fights to Save EPA’s ENERGY STAR Program April 4, 2017 The Fiscal Year 2018 budget recently proposed by President Trump includes dramatic cuts for the Environmental Protection Agency. Most notable for the real estate industry is the demise of the ENERGY STAR program. The elimination of ENERGY STAR, which includes the popular Portfolio…
Read MoreExelon/ComEd Rate Increase Legislation Signed by Governor Rauner
Exelon/ComEd Rate Increase Legislation Signed by Governor Rauner February 7, 2017 It took last minute negotiations and ten amendments, including one to reduce the number of votes needed for passage, but ComEd and Exelon were successful in their effort to have Illinois ratepayers bailout two underperforming nuclear plants and change the way energy efficiency programs…
Read MoreSix Surprising Facts about the Exelon/ComEd Rate Increase Proposal
Six Surprising Facts about the Exelon/ComEd Rate Increase Proposal Exelon and ComEd have introduced a new legislation (House Amendent #2 to SB 2814) to drastically raise commercial and residential electricity rates and add new charges that will total $24 billion over twenty-three years. While Exelon and ComEd have claimed the rate increases and new charges…
Read MoreWhat Exelon and ComEd Don’t Want You to Know
What Exelon and ComEd Don’t Want You to Know With electricity costs making up the first or second largest expense for BOMA/Chicago buildings, it’s crucial that we continue shedding light on Exelon and ComEd’s proposed legislation which, with its latest proposal introduced on November 15, would raise electricity rates $24 billion statewide over the next…
Read MoreBOMA/Chicago Meets with ComEd, Exelon and Senator Mattie Hunter
BOMA/Chicago Meets with ComEd, Exelon and Senator Mattie Hunter August 25, 2016 BOMA/Chicago leaders, staff and legislative and energy consultants met with Senator Mattie Hunter, Chairman of the Senate Energy and Public Utilities Committee, and representatives from Exelon and ComEd to discuss their proposed rate increase of $7.7 billion over the next ten years. After…
Read MoreBeeting the Summer Heat at 1KFulton
Beeting the Summer Heat at 1KFulton Next up in our series on sustainable rooftops and initiatives, we talk to Rachael Bruketta, Assistant Property Manager with Sterling Bay, who fills us in on 1000 West Fulton’s rooftop vegetable garden including maintenance, vegetable selection, environmental impact and tenant engagement. What was the motivation to create a vegetable…
Read MoreWhat’s the Buzz at Beacon Capital Partners?
What’s the Buzz at Beacon Capital Partners? In the second story in our series on sustainable rooftops and initiatives, we talk to Al Scaramelli, Managing Director at Beacon Capital Partners about honey bees. As the director of sustainability programs, Mr. Scaramelli oversees Beacon’s energy and sustainability projects including bee hives built on Beacon-owned buildings’ rooftops across the…
Read MoreWhat Exelon and ComEd Don’t Want You to Know
What Exelon and ComEd Don’t Want You to Know With electricity costs making up the first or second largest expense for BOMA/Chicago buildings, it’s crucial that we continue shedding light on Exelon and ComEd’s proposed legislation which would raise electricity rates a whopping $8 billion over the next ten years. BOMA/Chicago buildings alone – making…
Read MoreHow 20,000 Worms Transformed this Building [Interview]
How 20,000 Worms Transformed this Building [Interview] We’re kicking off a new series of stories focusing on sustainable rooftops and initiatives in a dialogue with AMA Plaza’s Assistant Property Manager Yordanos Ghdey with Riverview Realty Property Management. Yordanos walks us through the ins and outs of the AMA Plaza’s worm composting program housed on the 48th floor…
Read MoreEnergy Benchmarking: Buildings >50K sf Must Report in 2015 (Deadline Extended)
Energy Benchmarking: Buildings >50K sf Must Report in 2015 (Deadline Extended) August 19, 2015 Note: The City of Chicago has extended the 2015 Energy Benchmarking compliance date from June 1 to August 1 due to the expected increase in buildings that will be reporting this year. In 2015, the Chicago Energy Benchmarking Ordinance will apply…
Read More