Highlights: Seattle’s Cutting Edge Energy Code and Utility StructurePaladino, December 23, 2014
In 2014 Seattle pushed the envelope and set the stage for innovative energy programs to encourage a smaller energy footprint for our region.
With the 2012 Seattle Energy Code (SEC) that came into effect December 2013, building owners in Seattle were given the opportunity to push energy performance in their buildings by using an innovative provision called the ”target performance path.”
Also in 2014, Seattle City Light, one of the city’s two electric utilities, concluded a new pilot program called Pay for Performance that gives owners incentives for meeting their stated design goals.
Most recently, the first commercial application of MEETS (Metered Energy Efficiency Transaction Structure) in the Bullitt Center, a net zero office building, established a landmark methodology to monetize the value from energy efficiency and convert it into a tradable commodity similar to Renewable Energy Certificates (RECs).