IBIS Group USA

U.S. MARKET OVERVIEW

Lower Energy Costs. Reduce Compliance Risk.

Bisly helps building owners modernize their properties through intelligent building automation.

By optimizing energy consumption and centralizing building controls, Bisly can help you:

  • Reduce Exposure to Costly Penalties

    Improve building energy performance to support compliance with local emissions and efficiency regulations.

  • Lower Energy Bills

    Reduce unnecessary HVAC and lighting consumption through intelligent automation.

  • Unlock Financial Incentives

    Qualifying building automation upgrades may be eligible for utility rebates and energy-efficiency incentives, reducing upfront investment.

Energy consumption and operating-cost outcomes depend on building conditions and implementation.

Explore how regulations, energy costs, and available incentives affect your market.

Map of selected enacted U.S. building performance standards at state, county and city levels, reproduced from the IBIS September 2026 comparison.
Selected enacted U.S. building performance standards at the state, county, and municipal levels. The map illustrates selected jurisdictions, not every applicable energy or building code. Data reviewed October 2026. Source: IBIS regulatory overview; official jurisdictions listed below.

Three Forces Reshaping Building Economics

For building owners, modernization is no longer just a technology decision. Local regulations can set performance targets, energy prices determine the value of efficiency, and available incentives may help offset project costs. Select a topic to see how these factors differ by market.

Building Performance Standards Are Expanding

Some jurisdictions regulate greenhouse gas emissions; others set energy-use targets or require a combination of measures. The requirements, covered buildings, and deadlines differ. The table below highlights selected jurisdictions where owners may need to plan for progressively stronger performance expectations.

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Selected U.S. building performance standards — September 2026
Jurisdiction / official sourceWhat it coversMain requirementWhere it’s heading
NYC – Local Law 97Most buildings >25,000 sfGHG emissions intensitySignificantly tighter limits in 2030; net-zero trajectory to 2050
Boston – BERDO 2.0≥20,000 sf or ≥15 residential unitsGHG emissions intensityStandards tighten every five years to zero emissions in 2050
Seattle – BEPSBuildings >20,000 sfGHG emissions intensityTargets begin 2031–35 by building size and tighten every five years toward net zero
Maryland – statewide BEPSMost buildings ≥35,000 sfDirect GHG emissions + energy performance2030 standards; zero net direct GHG emissions by 2040
Cambridge, MA – BEUDONonresidential ≥25,000 sfCarbon emissionsBuildings ≥100,000 sf begin reductions in 2026 and reach net zero in 2035; smaller covered buildings follow
Evanston, IL – Healthy Buildings OrdinanceMost buildings ≥20,000 sfEnergy, emissions and renewable-energy performanceProgressive performance standards supporting building decarbonization by 2050
Washington, DC – BEPSCycle 1: private buildings >50,000 sfENERGY STAR / EUI performanceSuccessive performance cycles intended to drive continued reductions
Colorado – statewideCommercial, multifamily and public buildings ≥50,000 sfEnergy-use or GHG performanceStatewide performance program targeting major reductions through 2030 and beyond
Denver – Energize DenverBuildings ≥25,000 sfEUI targetsBuilding-specific energy-performance targets; most buildings have an interim deadline in 2028 and a final deadline in 2032
St. Louis – BEPSBuildings ≥50,000 sfSite EUIInitial targets took effect in 2025; standards are reviewed and updated every four years
Oregon – statewide BPSTier 1 commercial buildings ≥35,000 sfEUI / ASHRAE Standard 100Compliance phases in from 2028 through 2030 by building size
Washington State – Clean BuildingsTier 1 commercial buildings >50,000 sfEUI / Clean Buildings Performance StandardCompliance is already phasing in from 2026 through 2028

Data reviewed October 2026. This selected-jurisdiction table preserves the September 2026 IBIS article’s comparison. Requirements, deadlines, exceptions, and enforcement pathways differ by building type and may change. Check the linked government source for authoritative requirements; this is not legal or compliance advice.

There is no single nationwide building performance standard. A flexible building automation platform can help owners manage day-to-day operations while preparing for evolving requirements.

Read the full analysis: Building Performance Standards Are Spreading Across the U.S.

The Price of Energy Changes the Payback

High electricity prices strengthen the financial case for building automation in markets such as California, Massachusetts, Rhode Island, and New York. In Rhode Island, commercial electricity averaged 23.31¢/kWh in August 2026—approximately 61% above the national average of 14.47¢/kWh. Combined with potential utility incentives for qualifying building automation and energy-efficiency upgrades, this can make modernization particularly attractive. The Rhode Island figure is a statewide commercial-sector average, not a Providence-specific utility tariff; actual building costs depend on the utility account and rate structure.

Average Commercial Electricity Price — August 2026

California (LA / other California markets proxy)30.02¢/kWh
Massachusetts (Boston proxy)24.11¢/kWh
District of Columbia23.31¢/kWh
Providence / Rhode Island (statewide commercial average)23.31¢/kWh
New York (NYC proxy)23.06¢/kWh
Illinois (Chicago proxy)14.67¢/kWh
U.S. commercial average (benchmark line/bar)14.47¢/kWh
Colorado (Denver proxy)13.94¢/kWh
Washington (Seattle proxy)11.81¢/kWh
Selected statewide commercial-sector averages and the U.S. benchmark, in ¢/kWh. New York is highlighted; the dashed bar marks the U.S. benchmark.

Data reviewed October 2026; values represent August 2026. Commercial statewide averages, not city-specific quotes or utility tariffs. EIA’s 2026 figures are preliminary, released October 23, 2026. Demand charges, gas/steam, and site-specific rate structures are not represented. Do not use these values to quote a building-specific ROI without actual utility bills. EIA Electric Power Monthly, Table 5.6.A

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Commercial electricity prices — August 2026
Market referenceEIA geographic scopeAverage commercial electricity price (¢/kWh), Aug 2026
Los Angeles / CaliforniaCalifornia statewide30.02
Boston / MassachusettsMassachusetts statewide24.11
Washington, DCDistrict of Columbia23.31
Providence / Rhode IslandRhode Island statewide commercial average23.31
New York City / New YorkNew York statewide23.06
New Jersey / Jersey City–NewarkNew Jersey statewide18.71
Baltimore / MarylandMaryland statewide17.00
Chicago / IllinoisIllinois statewide14.67
United StatesU.S. commercial sector14.47
Denver / ColoradoColorado statewide13.94
Philadelphia / PennsylvaniaPennsylvania statewide13.93
St. Louis / MissouriMissouri statewide12.63
Seattle / WashingtonWashington statewide11.81
FloridaFlorida statewide11.35
Oregon / PortlandOregon statewide10.72
TexasTexas statewide8.96

Data reviewed October 2026; values represent August 2026. Commercial statewide averages, not city-specific quotes or utility tariffs. EIA’s 2026 figures are preliminary, released October 23, 2026. Demand charges, gas/steam, and site-specific rate structures are not represented. Do not use these values to quote a building-specific ROI without actual utility bills. EIA Electric Power Monthly, Table 5.6.A

Programs That Can Offset Modernization Costs

Utility and energy-efficiency programs may help pay for qualifying controls, HVAC optimization, lighting upgrades, and other building improvements. The relevant program depends on utility territory, customer class, building type, measures, and pre-approval rules. These examples are a starting point—not a guarantee that a particular automation project or Bisly equipment qualifies.

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Selected utility and energy-efficiency programs — October 2026
Market / service territoryProgram (link to program owner)Relevant opportunity / verified exampleKey eligibility caution
New York City — Con Edison C&ICommercial & Industrial Energy EfficiencyCustom incentives can include building management system upgrades, controls, chiller optimization, and demand-controlled ventilation.C&I electric measures generally target Con Edison commercial electric accounts averaging >100 kW and exclude multifamily; gas/steam rules differ. Do not advertise the C&I program for all apartment buildings.
New York City — multifamilyCon Edison Market-Rate Multifamily Building SavingsIncentives for eligible efficiency equipment in market-rate buildings with 5+ residential units; energy management systems are among the categories described by Con Edison.Account/service, building, and measure eligibility apply; program-specific rates must be confirmed.
NYC & Westchester — affordable multifamilyAffordable Multifamily Energy Efficiency Program (AMEEP)Comprehensive and targeted retrofit pathways; BMS and energy management systems appear in Con Edison’s measure list.5+ units and qualifying affordability documentation; cannot assume every market-rate property qualifies.
Greater Boston / eligible Massachusetts utility territoriesMass Save — Building Management Systems & ControlsPrescriptive example for eligible buildings under 300,000 sf: new BMS $0.10 per sequence per sf; upgrades $0.05 per sequence per sf, subject to rules.Pre-approval is mandatory; limits by utility sponsor, system, sequence, and building characteristics. Rates are not a universal dollar-per-sf rebate.
Chicago / ComEd territoryComEd Energy Efficiency — Business IncentivesComEd explicitly lists Energy Management Systems, HVAC, controls, retro-commissioning, and custom incentive pathways.Applicability varies; do not infer eligibility for new construction, software-only upgrades, or subscription controls without confirmation.
Los Angeles / LADWP territoryLADWP — Business Offerings for Sustainable Solutions (BOSS)Existing program includes eligible controls and HVAC measures; published commercial examples include $0.60 per qualifying kWh saved for HVAC cooling and $0.25 per qualifying kWh saved for whole-building projects.Nonresidential LADWP account; pre-installation review/pre-approval; measured savings and category restrictions. Do not imply all Bisly installations qualify.
Washington, DCDC Sustainable Energy Utility — Custom IncentivesCustom technical assistance and incentives for cost-effective electrical savings, including lighting/controls and operational improvements.Project pre-approval and DC customer/location requirements; exact award is project-specific.
Seattle / Seattle City Light territorySeattle City Light — Commercial & Industrial Retrofit ProgramsCity Light lists HVAC major controls upgrade, multifamily retrofit, commissioning, and commercial retrofits.Utility-service and project eligibility; preapproval before purchase/installation for most incentive projects.
Denver / Xcel Colorado territoryXcel Energy — Energy Management SystemsRebate for eligible new or upgraded efficiency controls; utility describes an incentive up to $600 per kW saved, capped at 60% of incremental cost.Preapproval must precede purchase/order/shipping/installation; actual award is project-specific and service territory matters.
Baltimore / BGE territoryBGE Smart Energy — Energy Solutions for BusinessDirect and custom incentives for qualifying lighting & controls, HVAC, and broader efficiency upgrades; published cap examples reach up to 50% of eligible retrofit costs.BGE commercial-eligible rate classes; scope- and measure-dependent; not a blanket 50% rebate.
Oregon / participating utility territoriesEnergy Trust of Oregon — 2026 Existing Buildings Incentive Updates2026 incentive offerings for qualifying existing commercial buildings; examples include lighting/controls and certain equipment upgrades.Verify utility and current measure guide; some 2025 incentives were discontinued for 2026. Avoid quoting a generic amount.
New Jersey / PSE&G territoryPSE&G — Energy Efficiency ProgramsBusiness efficiency equipment incentives and custom program for qualifying energy-saving projects.Specific utility account, technology, application, and project approval requirements.
Providence / Rhode IslandRhode Island Energy — Business Retrofit & Energy Management SystemsIncentives for qualifying energy management systems, building controls, HVAC optimization, and custom energy-efficiency improvements. Programs may help offset the upfront cost of building modernization.Subject to utility service territory, eligible equipment, documented savings, program requirements, and approval.

Data reviewed October 2026. Incentives are utility-territory and project specific; rates, budgets, eligible measures, participation rules, and deadlines can change. Many programs require approval before purchase or installation. Check the linked program administrator’s current terms. No incentive is guaranteed, and listing a program does not mean Bisly is prequalified.

Need help deciding which programs could be relevant to your building? We can start by reviewing its location, building type, existing controls, and modernization goals.

Discuss a Project

A More Adaptable Foundation for Building Operations

Regulation, energy prices, and incentive opportunities will continue to change. Building systems should be easier to manage and evolve—not another collection of disconnected tools. IBIS Group USA brings Bisly’s integrated building automation approach to the U.S. market, with local solution design and delivery support.

Control Energy at the Source

Automate HVAC and lighting schedules, setpoints, and operating modes to help reduce unnecessary energy use.

Connect Building Operations

Bring supported building functions and relevant operating data into a more unified environment instead of adding isolated tools for every requirement.

Make Better Decisions With Data

Improve visibility into the operation of connected systems and identify opportunities for performance improvements.

Prepare for What Comes Next

Design with integration and adaptability in mind so future equipment and technologies are easier to accommodate.

Explore Bisly Solutions

Start With Your Market

National trends help frame the opportunity. Building-level decisions depend on local rules, local utility programs, and the property's actual energy use. We are developing market-specific resources that bring those factors together.

New York City

Local Law 97, energy economics, and building modernization

New York City is an early focus. Explore how Local Law 97 is changing the conversation around building performance—and why adaptable automation matters as requirements and building technology evolve.

Read Our NYC Local Law 97 Analysis

What Could Smarter Building Operations Mean for Your Property?

Tell us about your building and your goals. We can discuss where an integrated building automation approach may simplify operations, reduce energy waste, and support a longer-term modernization strategy.