Should match Building Code of Australia maximum 5W/m2 Green Star Well-liked and adopted in many jurisdictions Interiors Used in some instances, mainly where State Government are Green Star Design responsible for a new building and As-built Well regarded Star Indoor Not as commonly used Environmental Mixed views from stakeholders on both landlord and tenant sides; some strongly support it, others see it as unnecessary. Quality Transfer accountability of ratings The GLS operates on the principle of cooperation which does not necessarily reflect the dynamic that characterises commercial office leasing arrangements. The landlord’s commercial imperative is maximum rental and improving the long-term value of their building. This means that whilst not necessarily adversarial, the relationship positions the tenant as a customer for the landlord to satisfy. In light of this, there is an opportunity to transfer the accountability of obtaining ratings, including tenancy ratings, to the Landlord. This will improve accountability and ease of management as it becomes easier to enforce. Landlords are likely to charge a fee for the obtaining of the ratings. If done as a combined rating (where the Base Building and tenant spaces are rated in the same audit currently being piloted by NABERS for likely rollout towards the end of 2017) – the costs are significantly less. Landlords will also encourage other tenants in shared buildings to get ratings at the same time, creating a broader impact from the EEGO policy. Publication of cost benefit analysis The Department should consider undertaking analysis to determine the average of implementing the GLS including time and effort spent on negotiations, BCMs and EMPs covering both internal costs and those of lawyers and service providers. This will allow the Department to make a stronger case for value and better decide upon the degree of flexibility needed. This should be conducted with sensitivity testing for rising electricity prices and compared to other improvement works. Promote Smart Metering The absence of separate digital metering is a recurring challenge when agencies are negotiating the inclusion of a GLS. More broadly, the ability to measure is vital to reducing consumption. In August 2016 the British Department for Business, Energy and Industrial Strategy published a report on Smart Meter Rollout Cost-Benefit Analysis that concluded there was a net cost benefit in their evaluation of a potential nation-wide roll out of smart
Should match Building Code of Australia maximum 5W/m2 Green Star Interiors Well-liked and adopted in many jurisdictions Green Star Design and As-built Used in some instances, mainly where State Government are responsible for a new building Well regarded Star Indoor Environmental Quality Not as commonly used Mixed views from stakeholders on both landlord and tenant sides; some strongly support it, others see it as unnecessary. Transfer accountability of ratings The GLS operates on the principle of cooperation which does not necessarily reflect the dynamic that characterises commercial office leasing arrangements. The landlord’s commercial imperative is maximum rental and improving the long-term value of their building. This means that whilst not necessarily adversarial, the relationship positions the tenant as a customer for the landlord to satisfy. In light of this, there is an opportunity to transfer the accountability of obtaining ratings, including tenancy ratings, to the Landlord. This will improve accountability and ease of management as it becomes easier to enforce. Landlords are likely to charge a fee for the obtaining of the ratings. If done as a combined rating (where the Base Building and tenant spaces are rated in the same audit – currently being piloted by NABERS for likely rollout towards the end of 2017) the costs are significantly less. Landlords will also encourage other tenants in shared buildings to get ratings at the same time, creating a broader impact from the EEGO policy. Publication of cost benefit analysis The Department should consider undertaking analysis to determine the average of implementing the GLS including time and effort spent on negotiations, BCMs and EMPs covering both internal costs and those of lawyers and service providers. This will allow the Department to make a stronger case for value and better decide upon the degree of flexibility needed. This should be conducted with sensitivity testing for rising electricity prices and compared to other improvement works. Promote Smart Metering The absence of separate digital metering is a recurring challenge when agencies are negotiating the inclusion of a GLS. More broadly, the ability to measure is vital to reducing consumption. In August 2016 the British Department for Business, Energy and Industrial Strategy published a report on Smart Meter Rollout Cost-Benefit Analysis that concluded there was a net cost benefit in their evaluation of a potential nation-wide roll out of smart
analysis_of_the_use_and_effectiveness_of_the_australian_governments_green_lease_schedules_docx_709kb.docx