03 June 2010

Mandatory Disclosure of energy efficiency rating

The Australian Government proposed the introduction from 1 July 2010 of mandatory disclosure of energy efficiency ratings for commercial properties with a Net Lettable Area of more than 2,000m2. The scheme has been delayed although it is anticipated it will start in about October 2010.

The scheme would require buildings more than 12 months old undertake a NABERS rating (which means collecting 12 months worth of data before seeking a rating).

Being prepared for the introduction of the scheme will make the transition much smoother and give you the best chance of letting space and attracting quality tenants.