Target 2: Reduce Citywide Building Energy Consumption by 10 Percent
In 2006, residential and commercial buildings in Philadelphia consumed nearly 100 trillion BTUs of energy. The target 10 percent reduction in the face of rising consumption will save city residents and businesses 12.9 trillion Btus and put money back in their pockets. This savings will be achieved by weatherizing existing homes and commercial buildings in every city neighborhood, developing new buildings that are more energy efficient and encouraging people to replace their light bulbs and energy-wasting appliances.


Develop Energy Efficiency Building Guidelines
The City’s building code establishes a minimum level of energy efficiency performance, but does not provide guidance on how to exceed those requirements or, to use current terminology, make a building “green.” Working with public and private partners, the Department of Licenses & Inspections, the Mayor’s Office of Sustainability and other City agencies will create energy efficiency building code guidelines or criteria as an appendix to the current building code. This “above code” appendix will give contractors, businesses and residents constructive information related to how to build or renovate structures that consume less energy, as well as guidance on green roofs and using recycled materials.
Create a Sustainable Energy Authority
Greenworks Philadelphia proposes creating a new, or repurposing an existing, public authority that can attract and pool a variety of capital sources to support large-scale energy investments, especially in weatherization. A public authority could go directly to capital markets; participate in federal programs including Qualified Energy Conservation Bonds; attract state funding sources such as Act 129’s utility-generated conservation; potentially syndicate tax credits generated by renewable energy production; and, with the creation of a federal carbon market, bundle and trade carbon credits derived from largescale energy efficiency projects. The proposed Sustainable Energy Authority could use its funds to create a revolving loan pool, using energy savings as the repayment stream. The pool would then be replenished and new loans made until the city’s, or even the region’s, entire building stock was brought to optimal energy efficiency.
Create a Revolving Loan Fund for Tenant Improvement Work
Every year, Center City commercial building leases totaling two to three million square feet are signed or renewed in the city. At the time of signing a new or renewed lease, most landlords conduct tenant improvement work as part of the transaction. The City Commerce Department, which, along with the Center City District, tracks downtown commercial leases, and the Philadelphia Industrial Development Corporation are working to create a revolving loan fund using federal Energy Efficiency and Conservation Block Grant monies. Landlords could then finance energy efficient improvements to a tenant’s space—work such as lighting retrofits, lighting occupancy sensors, low-flow toilets and sinks installation and window replacement—with repayment coming from a portion of the savings. These funds would also be available to retail and industrial building owners.