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The National Electrical Manufacturers Association (NEMA), Rosslyn, Va., announced its support of the City of Madison Common Council for passing an energy benchmarking and disclosure ordinance.
“Knowing how much energy your building uses and how it compares to similar properties is the first step to addressing energy waste,” said NEMA President and CEO Evan R. Gaddis in a press release. “Building owners, consumers, businesses, tenants, and manufacturers all win when we invest in efficiency, because energy efficiency is the cleanest, cheapest, and most sustainable way to meet our growing energy needs.
“NEMA applauds Madison, Wisconsin's, leadership on energy benchmarking and disclosure. Eliminating energy waste in buildings is not just good business for building and business owners; it's also good business for Wisconsin's manufacturing sector.”
In his statement to the Madison Economic Development Committee on December 18, Regal Beloit Corp.’s John Perino, V.P. of investor relations, said, “We support this benchmarking and disclosure bill. We believe it will be a useful tool to help building owners and tenants understand and address energy use in their properties and make more informed decisions on how they use energy and prioritize investment dollars to achieve optimal returns discussed the impact of the benchmarking and disclosure proposal on motor manufacturers.”
Headquartered in Beloit, Wis., Regal Beloit is a motor manufacturer that has annual revenues exceeding $3 billion and employs 25,000 worldwide and 1,800 in Wisconsin.
NEMA Policy Director for High-Performance Buildings Patrick Hughes also testified in support of the proposed ordinance. “NEMA members offer a suite of energy solutions for building owners looking to make their properties more efficient. From efficient technologies to financing solutions that allow building owners to pay for upgrades through energy savings with no up-front capital investment, our members are a resource for building owners who choose to make their properties more efficient. The NEMA High-Performance Buildings Council supports the proposed benchmarking and disclosure ordinance, and we look forward to assisting the City of Madison and its building owners in implementing the policy.”