Increased awareness of global warming and the extent of greenhouse gas emissions in the real estate sector have increased attention to green buildings.
The benefits of energy efficiency do not stop in the utility meter. Energy performance, the improvement of the lighting aesthetics, the enhancement of tenants’ comfort and productivity and the overall improvement on energy performance can increase the asset value of a commercial building.
A recent study by the Department of Energy states that actions taken by owners to reduce energy consumption, retrofitting buildings and also hiring more effective building managers yield higher rents and prices in the marketplace, increased occupancy rate and attract solid and superior creditworthiness tenants.
This translates to increased asset value and a competitive advantage in commercial Real Estate markets. Remember that strong energy performance is a reflection of excellent building management and it can be a key differentiation for your building in a competitive market.
Small and Medium sized businesses can afford to make energy efficiency improvements through a number of different energy efficiency financing and budgeting techniques. A capital expenditure plan, rebates and incentives are all tools that can enable businesses of all sizes to reduce energy in the long term and budget for energy efficiency project.
To build the strongest business case for efficiency, you should leverage the appropriate financial metrics to assess project impact. DVM Industries offers free assessment that includes an energy audit, a comprehensive financial analysis that emphasizes key metrics such as ROI, a 10 Year Life Cycle Savings and Estimated Incentive amount.