Were you aware that on May 1, 2011 buildings in New York city that are 50,000 square feet or larger will have to report utility usage?  This could impact property values in both a positive and negative way.  The one thing it will do is make a lot more people aware of energy usage and how to reduce consumption.  In addition, the demand for meters and energy dashboards will increase.  This is good news to me since CrunchEnergy® just released an energy management dashboard, the CrunchBox™. It makes it easy to monitor real-time usage as well as benchmark facilities.

This is a great time to take advantage of new technologies, government regulations and government incentives to get a jump on real-estate competition.  Buildings  that start making energy-efficient improvements could be perceived as a better investment. Will these new rules give the development corporations the incentive to make intelligent energy conservation decisions, save money and market themselves as a green company?  Or is it just another layer of bureaucracy that will stress our already tainted economy?

Let me know what you think.

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