Building  Owners  and  Managers  Association  International

Building Owners and Managers Association International

Energy Bill Passes Out of Committee (10/8/2015)

On September 30, the U.S. House Energy and Commerce Committee voted to pass out of committee the "North American Energy Security and Infrastructure Act of 2015” (H.R. 8), which builds upon months of negotiations. The bill would require any energy efficiency proposal made by the U.S. Department of Energy (DOE) before a third-party codes development body, such as the International Codes Council, to not exceed a 10-year simple payback period to recover the costs of the investment. Previous DOE proposals have suggested payback periods of as long as 100 years, which would not be a financially viable option for building owners.

H.R. 8 also would prevent DOE from directly lobbying for specific code developments, allowing for a more fair and objective process. The legislation could receive a vote by the full House as early as October 19, and BOMA International will continue to monitor the issue closely.​​​