Any Commercial Property Landlord, Property or Asset manager will need to be confident that the money you spend will garnish a return. We understand the demands of legislation and the obligations to stakeholders and trustees. Energy Audits, at least the first level, are not expensive, but the recommendations and the strategies suggested can be. Your cost is not the audit alone; it is the implementation of the socpe of work suggested.
Hence the example below, which was an amazing result. The cost of the audit was returned in less than 90 days, and the implementation was a day’s labour. Your building could garnish a similar result.
A quick example of the savings enjoyed by one of our clients long after we have completed our work and implemented a change or two, easily justifying the energy audit cost with a return on investment within the first month.
Energy Audits will provide data for consideration into Energy Conservation Improvements; they are an excellent place to start with strategic planning and an excellent measure for qualifying the improvements already implemented.
We were asked to perform an audit for a shopping centre in NSW, the centre was circa 12,000 square meters of retail and mall space, not huge, but their energy bill seemed high considering their other shopping centres under management..
The site had many differing facets for the various vendors, car parking and services.
We began our investigations with the usual suspects, and on the second day, we found the problem, which was a simple fix.
The Site had a “Building Management System, BAS”, the system was fine, 1980s technology, but it did the job. What we found was the BMS had been overridden at the switchboard, with everything turned to manual to run 24 hours, seven days a week, all year.
The site was essentially a 12-hour 7 days a week site, so the air conditioning system was running twice as long every single day!
We put everything back to auto and tested everything via the BMS to ensure the time clocks and the air conditioning controls would operate.
We found nothing wrong, at least nothing that would justify putting the entire air conditioning system into a manual for such a long time.
After the dust had settled, we spoke to the property manager and asked about the energy bills, they had reduced from circa $15,000 per month to just over $8,000 per month, and this was in summer.
A great result where we paid for ourselves within one month. Great R.O.I.
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