Commercial mortgages currently do not fully account for energy factors in underwriting, valuation and asset management, particularly as it relates to the impact of energy costs on net operating income. As a consequence, energy efficiency is not properly valued and energy risks are not properly assessed and mitigated. Commercial mortgages are a large lever and could be a significant channel for scaling energy efficiency investments.
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The Advanced Energy Design Guide for Small Warehouses and Self-Storage Buildings (AEDG-WHSE; the Guide) is intended to provide a simple approach for contractors and designers who create warehouses. Application of the recommendations in the Guide should result in warehouses with 30% energy savings when compared to those same warehouses designed to the minimum requirements of ANSI/ASHRAE/IESNA Standard 90.1-1999, Energy Standard for Buildings Except Low-Rise Residential Buildings.