Energy Sustainability
ComEd Smart Ideas Representatives update BOMA/Chicago Energy Committee about Waitlist
ComEd Smart Ideas Representatives update BOMA/Chicago Energy Committee about Waitlist January 10, 2018 BOMA/Chicago’s Energy Committee met with representatives from ComEd to clarify questions about the Smart Ideas waitlist. In July, ComEdannounced that all projects applying for Smart Ideas® Standard or Custom incentives will be placed on a waitlist, due to the high volume…
Read MoreCity Council Passes Benchmarking Amendments
City Council Passes Benchmarking Amendments December 13, 2017 The City Council voted 48-2 in favor of amendments to the Chicago Benchmarking Ordinance that will create a zero-to-four-star rating system for benchmarked buildings. The amendment will also require conspicuous posting of the rating. BOMA/Chicago opposed the creation of a rating system arguing that the US…
Read MoreNextGrid Takes Center Stage
NextGrid Takes Center Stage October 9, 2017 The passage of last year’s Future Energy Jobs Act (FEJA) led to the creation of NextGrid, an 18-month, collaborative study initiated by the Illinois Commerce Commission to help define the “utility of the future” in Illinois in response to technological, market, and regulatory changes. Utilities, regulators, environmental…
Read MoreRecent Exelon/ComEd Legislation Subject of Two Court Challenges
Recent Exelon/ComEd Legislation Subject of Two Court Challenges June 1, 2017 Two lawsuits have been filed as a result of state legislation passed in December of 2016. Illinois Public Act 099-0906, became law with the passage of Senate Bill 2814 after intense lobbying by Exelon and ComEd as a means to bailout two underperforming…
Read MoreOffice Buildings Lead In Reducing City’s Energy Usage According to Benchmarking Report
Office Buildings Lead In Reducing City’s Energy Usage According to Benchmarking Report May 8, 2017 With three years of reporting energy benchmarking now in the books, commercial office buildings in the City of Chicago continue to be leading performers in reducing carbon emissions. The median Energy Star score for office buildings rose from 74…
Read MoreBOMA 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 More