How do you get the owner of an older building and their tenants, who frequently have a triple-net lease, to come to an agreement when deciding how to pay for cost-saving facility upgrades? I had an opportunity to address that question while completing energy efficiency upgrade proposal. The ... Read More »
Blog
Added Financial Benefits of Energy Efficient Building Upgrades
There are often overlooked financial benefits resulting from energy efficient building upgrades. Considering these upgrades are capital-intensive, recognizing, and accounting for these benefits play a key role in justifying the investment as well as securing favorable funding. “The average ... Read More »
The Productivity Advantage of Green Buildings
The potential to reduce energy consumption in existing and new commercial buildings is enormous. On average, 30% of the energy used in commercial buildings is wasted.” U.S. Environmental Protection Agency. It is becoming well-known to owners and managers of commercial real estate that there’s a ... Read More »
5 Reasons Energy Efficiency Projects Fail to Launch
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 A stalled upgrade of a building’s outdated HVAC system, lighting, envelope and energy infrastructure inevitably leads to reduced profitability.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 »
Understanding the Unique Challenges Facing Energy Efficiency Contractors
I recently had an opportunity to interview David Gard, the Executive Director of the Michigan Energy Efficiency Contractors Association (MEECA). MEECA is a nonprofit trade association having the stated goal of “working to strengthen Michigan’s energy efficiency industry for the benefit of our ... Read More »
How Satisfied are You with the Margin Performance of Your Energy Efficiency Proposals?
If you're not satisfied with your margins you'll be interested in a finding from a McKinsey study of 2,400 companies: “1% more price meant an average 11% increase in operating profit.” What impact would this easily achieved increase have on your business? The wherewithal to add new products or ... Read More »
