Commercial spaces with at least 2000 square meters of leasable space will soon need to abide by specified mandatory NABERS rating as renewable energy technologies and energy efficiency campaigns strengthen. Research shows that buildings with higher NABERS rating are favoured by tenants and a relatively high occupancy rate can be established.
What is NABERS?
National Australian Built Environment Rating or simply NABERS is a performance based rating system for buildings in Australia. The rating is based on the building’s environmental impacts from all aspects of their operations, and provides tenants and building owners an in-depth report about how well they manage their resources to minimise these impacts. The NABERS rating system was also designed for the entire community; rating offices, households, hotels, hospitals and the transport sector.
Currently the NABERS rating has been extended to six stars in response to buildings performing better than the previous highest rating of 5 stars, and to acknowledge leadership in environmental preservation and sole application of various solar technology and clean energy sources.
NABERS Ratings for Office Spaces
Carbon emissions from the country’s buildings and commercial spaces are growing in an alarming rate of 4% annually and contribute significantly to the national carbon emissions.
To address the growing problem the NABERS office rating was launched in 1998 to deliver assistance for both office space owners and tenants to both reduce their carbon emissions and their overhead production cost through energy saving measures, efficiency and installation of solar power systems and other renewable energy sources.
By observing NABERS’ guidelines building owners and tenants can reduce 20 to 40% of their current energy consumption and save significant amounts of carbon.
NABERS Today
The country’s property industry has embraced the idea of a low carbon economy and with it includes energy efficiency in buildings and commercial spaces. The industry has acknowledge the fact that tenants are seeking spaces with better ratings to save money on electricity and boost production.
The impending mandatory implementation of a scaled NABERS rating will soon bring further green building innovation focusing on energy and water conservation through a number of means. Currently Canberra has already implemented a mandatory minimum rating of 4.5 stars for government tenants and multinational companiesas part of their goal to bring down the city’s carbon emission.
According to the director of a well known real estate firm, soon Green buildings will the norm and non green buildings will be out of date and unable to keep up with the competition in their industry.
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