A national coalition of UtilityAPI, Allectrify, and Sustainable Real Estate Solutions (SRS) and four nonprofit green banks, launched the Building Decarbonization In-A-Box (BDAB) program to rapidly scale up clean-energy tech across millions of small commercial and multifamily buildings.
To implement the BDAB, participating cities and counties will harness building permits, energy benchmarking and customer utility data to identify buildings that can benefit from the program and provide building owners with no-cost technical and financial assistance via proven software solutions from SRS, UtilityAPI, and Allectrify.
Six cities – Atlanta, Georgia; Fort Collins, Colorado; Milwaukee, Wisconsin; Philadelphia, Pennsylvania; Reno, Nevada; and San Antonio, Texas – and three counties – Los Angeles County, California; St. Louis County, Missouri; and Montgomery County, Maryland – will be the first to take advantage of the local government-driven BDAB program.
Buildings account for 40% of greenhouse-gas emissions globally and as much as 70% of the total emissions in cities. Existing decarbonization programs tend to overlook small commercial and multifamily buildings. These buildings are less than 50,000 square feet in size, account for 94% of U.S. commercial building stock, consume 44% of the overall energy used in buildings, and are often located in underserved communities.
Recommended Reading
Equitrans Midstream Announces Quarterly Dividends
2024-04-23 - Equitrans' dividends will be paid on May 15 to all applicable ETRN shareholders of record at the close of business on May 7.
PrairieSky Adds $6.4MM in Mannville Royalty Interests, Reduces Debt
2024-04-23 - PrairieSky Royalty said the acquisition was funded with excess earnings from the CA$83 million (US$60.75 million) generated from operations.
Baker Hughes Awarded Saudi Pipeline Technology Contract
2024-04-23 - Baker Hughes will supply centrifugal compressors for Saudi Arabia’s new pipeline system, which aims to increase gas distribution across the kingdom and reduce carbon emissions
EQT Declares Quarterly Dividend
2024-04-18 - EQT Corp.’s dividend is payable June 1 to shareholders of record by May 8.
Matador Resources Announces Quarterly Cash Dividend
2024-04-18 - Matador Resources’ dividend is payable on June 7 to shareholders of record by May 17.