New program brings energy cost savings to service agreements
September 30th, 2009 by Kevin SkurskiAirAdvice has recently released an update to its BuildingAdvice technology for providing energy services in commercial buildings. On the surface, it may not sound like a major update – it is a new report, called an Energy Savings Assessment, that can be run using the system. What makes this a giant step forward is how the new report now enables a cost-cutting, highly valuable service to be provided as part of a service agreement or service relationship.
In the tumultuous economic environment of the commercial real estate industry, cost savings are king. Rent cannot be raised. Occupancy cannot be increased. And credit, which is so crucial to the industry, is extremely tight. Cash must be conserved. And one of the largest cash outflows month-to-month is the utility bill. Mechanical service contractors can lower this cash outflow by making changes that result in lower energy consumption. And this can be done as part of ongoing, regular maintenance agreements.
But don’t call them regular maintenance agreements. These are Energy Service Agreements. And the whole point is to go beyond what’s normally provided in a maintenance agreement and focus on ways to reduce the amount of wasted energy in the building. This is the basis for the program that AirAdvice released recently and why the new Energy Savings Assessment report was created. It fits into a process for providing energy services to buildings, including benchmarking and energy assessments.