Energy efficiency upgrades that save 35% or more in energy costs could make all the difference in showcasing your commercial building’s value. With so many factors in the market, energy-efficient benefits may be the differentiator between you and your competitors.
Building Renewal Series: Recognizing and Mitigating Common Pitfalls
Whether your goal is to position your building for long-term, energy-efficient, high-value operations, or to meet a demanding energy performance standard, we all know that no project comes off without a hitch. All projects risk not meeting important milestones, cost overruns, and extended timelines, or something worse if planning doesn’t include a strategy for the “what ifs.”Resources
Building Renewal Series: The Importance of Measurement and Verification
Building renewal is centered on an investment strategy that delivers ongoing value to its stakeholders: owners, tenants, investors, and society. Meeting these objectives can be measured in many ways: net operating income, avoided future risk, tenant attraction/retention, achieving environmental and social governance (ESG) reporting targets, and ultimately delivering a healthy, productive, environment for building users.Resources
Building Renewal Series: What is Building Renewal?
Building renewal is a process of planning and implementing integrated solutions that maximize energy performance and building value over time. It is a comprehensive lifecycle approach that identifies areas for energy efficiency improvements, financial planning and investment strategies, building and system upgrades and retrofits, and the ongoing operations and maintenance of a commercial property. It helps deliver maximum value and market position by saving energy and reducing operational costs, complying with standards, and future-proofing your building to avoid regulatory risks. Additionally, it enables a healthy and productive indoor environment that can help mitigate risk in an uncertain market.Resources
Building Renewal Series: Funding Your Building Renewal
Building renewal is a concept that may be unfamiliar to some of your sources of funding. It can be challenging to tailor a building retrofit proposal to each financial source and assemble enough capital to make the project feasible. The goal for building renewal financing is the same as any real estate financing: to reduce the average weighted cost of debt capital and still meet investment objectives, which will enhance the return on equity. Here are a few things to consider as you move into the financing stage.Resources
Strategic Energy Management: Industrial Energy Talk Cards
Industrial Energy Talk Cards make it easier than ever to stimulate energy efficiency conversation and learning among staff. Outlining a variety of SEM tools, approaches and methods, the Energy Talk Cards can be printed or easily viewed on display boards, smart phones and tablets. These cards will help you increase participation and reinforce energy efficiency practices for key industrial systems in your facility with refreshed photos, graphics and updated content including dust collection/fans, compressed air dryers, and sample calculations.Resources