Efficiency
The path towards sustainability begins with lowering the overall energy footprint of a facility. Efficiency an obvious first choice for cost effectively greening a building.- Every $1 put toward energy improvements in a leased property increases its asset value by $3.
- Reducing energy use 30% in a commercial office building is equivalent to increasing net operating income and building asset value by 5%.
- In the hospitality industry, reducing energy costs by just 10% is equivalent to a $0.62 average daily rate (ADR) increase for limited service and $1.35 ADR for full service hotels.
Additional Benefits
In addition to cost savings, there are continual sustainability gains that result from increased awarenessAs building design becomes more efficient, plug-load electricity consumes a larger proportion of the overall energy usage, accounting for 45% of power consumed in buildings that have reduced their HVAC and lighting loads.
Over 40 studies conducted between 1975 and 2000 showing that having meter information in a central, visible location reduces energy use by between 10-14% on average (Stanford PIEE).
