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Energy Efficiency in Commercial Real Estate

Commercial real estate (CRE) properties in Boston1 present a significant opportunity for energy efficiency investment, but these investments are constrained by financial and non-financial barriers. According to a recent state analysis, CRE buildings participated in efficiency programs at lower rates than other building classes. This paper synthesizes research on energy efficiency barriers and explores how these barriers may impact CRE properties in Boston based on factors such as ownership strategy, lease type, and building classification. The paper then identifies potential solution sets and programs which can overcome some of these barriers.