There are significant lost financial benefits associated with energy efficiency upgrade projects that fail to launch. A stalled upgrade of a building’s outdated HVAC system, lighting, envelope and energy infrastructure inevitably leads to reduced profitability. This includes high energy costs, ... Read More »
How Energy Efficiency Upgrades Can Benefit Building Owners and Tenants
If an energy efficiency building upgrade doesn’t benefit both the property owner and the tenant - especially with a triple net lease - it’s often easier to simply leave things the way they are even if that means losing money on wasted energy! I toured a business operation with a high monthly ... Read More »
Green Buildings – Picking Up The PACE
As a growing number of communities focus on energy efficiency the question of how to pay for “green” upgrades of existing buildings requires a financially attractive and easy to implement answer! Answering that question was one of the main topics of the recent West Michigan PACE Summit which ... Read More »
Look Beyond the Interest Rate When Evaluating Funding Options for Energy Efficiency Upgrades
When evaluating funding options for energy efficiency upgrades, all too often building owners only focus on the interest rate, believing the one with the lowest is ideal. This typically limits the options to short-term commercial loans. With the advent of Property Assessed Clean Energy (PACE) ... Read More »
This Building Models the Best in Clean Energy Options
The tour of the Zero Net Energy Center in Detroit’s Corktown offered a compelling vision of what’s possible when building owners embrace sustainability and clean energy options. While the average commercial building wastes 30% of the energy it consumes, the Zero Net Energy Center produces its own ... Read More »
The Cost of Delayed Energy Saving Building Upgrades
A proven strategy for increasing the profitability of commercial real estate (CRE) is reducing wasted energy. That waste represents a significant unneeded expense as detailed by the U.S. Department of Energy: “The average commercial building wastes 30 percent of the energy it consumes.” Wasted ... Read More »
