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Updated: March 2026

Market Guide

Commercial Building Energy Requirements in Chicago

Utility rates, compliance regulations, and benchmarking requirements for commercial real estate in Chicago, Illinois.

Average Commercial Utility Rates

$0.14Electric Rate
$0.95Gas Rate

Rising

Up 8% YoY; ComEd capacity charges and infrastructure riders increasing

Energy Regulations & Compliance

Chicago Energy Benchmarking Ordinance

Active

Annual energy benchmarking via ENERGY STAR Portfolio Manager for commercial and residential properties.

50,000 sqft

June 1 annually

Fines of $100 to $1,000 per violation

Chicago Building Performance Standards

Expanding

GHG reduction targets for large buildings, with initial compliance periods beginning in 2026.

50,000 sqft

2026 (first compliance period)

Under development

Compliance Timeline

June 1 annually

Chicago Energy Benchmarking Ordinance - 50,000 sqft

2026 (first compliance period)

Chicago Building Performance Standards - 50,000 sqft

Utility Providers

⚡

ComEd

Electric

🔥

Peoples Gas

Gas

Benchmarking Requirements

✓

Benchmarking is required

50,000 sqft

June 1 annually

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