Brief

New Era of Energy Policy: Energize Denver & Building Performance Colorado

August 13, 2024 10 Minute Read

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Energy policies focused on building performance are taking shape in Colorado and across the U.S. to varying degrees despite facing legal challenges that could alter the impacts to commercial real estate stakeholders down the road. Energize Denver and Building Performance Colorado (BPC) are local initiatives that aim to improve energy efficiency in buildings, including through electrification.

Both policies hold significant relevancy for occupiers, owners, or investors alike as the process to achieve compliance can be complex and costly, particularly for properties of an older vintage. 57% of Metro Denver’s commercial space was constructed in the 1990s or earlier.

This report provides foundational information for both policies from key stakeholder perspectives, reveals the breadth of impacted properties among existing inventory and indicates important steps and considerations towards gaining compliance.

Topics Include:

- Key Policy Highlights

- Road to Compliance

- Colorado vs. Other Markets

- Penalty Example & Timelines

- Vintage Snapshot by Property Type

- Resources for Next Steps