Our tenant will have sub-meters installed on the lighting and HVAC electrical panels on each floor of their tenant space. They will not however pay their electrical bill directly they will have a process of reconciliation with the Owner as an annual process. This reconciliation therefore provides incentive for the tenant to conserve energy.
This seems to satisfy the intent of the credit but not necessarily as clean on the tracking side. Has anyone tried this? And if so any tips to create the argument and M&V Plan to satisfy the credit requirements?
Michael Smithing
Director - Green Building AdvisoryColliers International Ltd.
304 thumbs up
May 11, 2016 - 10:41 pm
It is not clear whether you are pursuing case 1 or case 2 (tenant occupies more or less than 75% of the building) and thus it is difficult to provide a useful answer.
If you are pursuing case 1 you should be OK, but there are a few details which you will need to cover. The credit requires that all energy be covered, thus if you are heating with gas or the building delivers hot/cold water to your space for localized heating/cooling then these costs must also be covered. You do not need to sub-meter these, but the tenant must pay a reconciled pro-rata cost of the total usage.
You should also cover how the plug load is measured and costs recouped.