Use ENERGY STAR Target Finder tool to identify the project rate of energy consumption and projected rate of
energy cost savings for their projects
Identify national median and 45% better than national median rates of energy consumption in new
development and significant rehabilitation of existing properties
Articulate the financial and environmental implications of the difference between national median and 45%
better than national median rates of energy consumption in cap stone proposed projects.
Assignment Structure:
Using the outputs of ENERGY STAR Target Finder for their proposed projects, students are to report on the
energy, carbon, and financial performance of their development project. For the proposed property, students’
reports (memos) should:
Describe the property size, space uses, and location.
Describe the difference between energy consumption (expressed in kWh) at the Target-Finder-calculated
national median and at the projected rate of consumption that is 45% better than the national median.
Describe the difference between energy operating costs per square foot at the Target-Finder-calculated
national median and at the projected rate of consumption that is 45% better than the national median.
Describe the difference between greenhouse gas emissions (expressed in metric tons carbon equivalent
(MTCE)) at the Target-Finder-calculated national median and at the projected rate of consumption that is 45%
better than the national median.
Determine and discuss the impacts of superior (45% better than national median) rates of energy consumption
on the net operating income and projected value of the asset. Students should use a market capitalization rate
commensurate with the market in which their project is proposed.
Describe the difference between median and superior rates of energy performance and greenhouse gas
emissions in terms of acres of trees or another analogue chosen by the student, using the carbon equivalency
calculator referred to below.
Identify and describe any other direct or indirect impacts the pursuit of a superior rate of energy consumption
may have on the proposed property such as claims of faster lease up or sales rates due to marketing the
property for its green attributes.