With the growing awareness of climate change and its impact on the environment as well as the need to address these issues responsibly; the MOECC (Ministry of Environment and Climate Change) has developed strict guidelines and requirements for any future development in an effort to reduce our carbon footprint, and increase our ‘Environmental Awareness’. These
At the beginning of this year, the first compliance period of the Ontario cap and trade program began. The cap and trade program is designed to encourage the reduction of carbon emissions in the province and meet percent reductions of carbon emissions mandated by the Federal Government of Canada. For most, the additional costs of
O.Reg. 20/17: Ontario’s Reporting of Energy Consumption and Water Use under the Green Energy Act, 2009. On July 1, 2017, the reporting of energy consumption and water use will become mandatory in the Province of Ontario. Who needs to report? Any building over 50,000 ft² or any multi-unit residential building over 10 units. Who is
The most important part of any project is the beginning steps, and energy conservation projects are no different. It is very important that the first steps taken…often an energy audit…are performed correctly to thoroughly and accurately uncover energy conservation measures. An energy conservation project can be divided into the following 5 stages. Each stage has
More and more, building owners are viewing energy conservation as an investment as opposed to “something nice to do for the environment”. A common way to valuate a building is by using the capitalization rate, or “Cap Rate”. Cap Rate is defined as the annual net operating income divided by the value of the building.
- Published in Energy