Building energy management systems and green technologies could boost office buildings’ value
Implementing building energy management systems and other sustainable technologies could help US businesses reduce their buildings’ annual expenses by 3% to 30%, depending on the city, a new research report has been able to suggest.
The report by the Morgan Stanley Institute for Sustainable Investing points out that savings could potentially add between $3.5 billion (£2.5bn) to $34.9 billion (£24.6bn) to the value of assets in the 10 largest commercial real estate markets in the US.
It also details the yearly utility savings in each of those 10 US cities, ranging from $2 million (£1.4m) in Philadelphia to $239 million (£168m) in New York.
It estimates the US commercial building sector could an additional $290 billion (£204bn) in present value over the life of a $125 billion (£88bn) investment in reduced energy expense alone.The report goes on: “Our analysis shows that building efficiency technologies are linked to a positive impact on energy expense, water expense and financing cost. In our view, investors can potentially reap financial benefits across key areas including revenue, financing costs, operating expenses, capital expenses and property appreciation.
“As cities around the world continue to expand, we believe that sustainability is a new frontier of available opportunities for potentially improved investor return in office buildings (and other property types) within major markets.”
HeatingSave – helping every business become more energy efficient
Domestic and non-domestic customers alike can take advantage of the impressive level of energy efficiency enabled by the HeatingSave Building Energy Management System, which allows user to save 20 to 30 percent on their gas and electricity bills by optimizing consumption levels across any building, depending on its specific heat-loss profile.
Plus, the system also includes automatic occupancy detection features, allowing the temperature to be reduced to a background when areas are not used and quickly brought up to temperature when they are being used.
It’s also very important to mention that HeatingSave can take an automatic decision on whether to use electricity or gas for heating during summer, and also enables users to set a night setback temperature, reducing the night heating by a few degrees to still keep 24/7 operations warm whilst saving energy and money.
If you’re already interested in what HeatingSave has in store and you’d like to find out more on the matter, just get in touch, our dedicated product team will be more than happy to answer all of your questions and queries.