Is your commercial real estate<\/a>\u00a0energy<\/a> efficient? Did you know the cost of power alone represents, on average, 9% of your operating costs? Are you doing what you can to use less energy to provide the same service?<\/p>\n As the commercial property<\/a> market grows more competitive by the day, property owners are constantly searching for new ways to\u00a0add value\u00a0to their properties. The good news is that there are numerous ways to trim expenses and the better news is that most apply to a single 5,000 square foot property as much as they do to a million-square-foot portfolio.\n\t\t\t\t<\/p>\n Not every building needs to perform like a trophy asset in Midtown Manhattan, but they should all be optimized to best serve the needs of the most likely mix of tenants. But, one thing is true across all asset types – lighting and HVAC account for up to 71% of energy consumption<\/b>\u00a0in commercial buildings. So, it only makes sense to make them the primary focus of an energy efficiency strategy. Some of the most common solutions include:\u00a0\u00a0<\/p>\n
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\n<\/ul>\n With utility rates expected to rise 26% to 42% by 2020, professional property owners and managers recognize that in order to remain competitive and increase the value of assets, energy efficiency needs to be on the top of the to-do list. Let’s get down to the numbers.\u00a0<\/p>\n
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\n<\/ul>\n EXAMPLE:<\/b><\/span><\/p>\n Office Building with Monthly Power Bill of $12,000 (50% is Demand = $6,000)<\/p>\n EE applications installed save minimum of 30% of demand ($6,000*0.30 = $1,800\/month)<\/p>\n OR:<\/b><\/span><\/p>\n 30% of 50% = 15% of net Cost Savings every month<\/p>\n Assume, Electric costs on P&L account for 7%<\/p>\n Therefore, 7*0.15 = 1.0% (savings on P&L = Pure Profit)<\/p>\n There are multiple goals in the practice of sustainability. Increasing NOI by decreasing operating expenses is clearly in the interest of every property owner. Perhaps more important is the fact that delivering a better overall workplace experience for tenants helps them attract and retain the top talent they need to be more successful.\u00a0<\/p>\n \u00a0<\/p>\n When you increase the energy efficiency of your building, you win, your tenants win and the planet wins, too.\u00a0<\/p>\n Interested in learning more? Contact Marc Brener directly at (949) 365-5823 or This email address is being protected from spambots. You need JavaScript enabled to view it.<\/span> | www.eeintl.com<\/i><\/b>.<\/p>\n Realtytimes <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"\n
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