Posted by Josh Burroughs on Fri, Sep 18, 2009 @ 12:14 AM
January 1, 2010 Get Ready Commercial Property Owners!
With the passing of this new bill, owners will need to disclose their 12-month Energy Portfolio Statistics for their property, for the purpose of providing public information to prospective buyers, tenants, and lenders. If you have an older building, or haven't upgraded or implemented an energy analysis, you might be shocked to see the results- and so will your prospective tenants looking to sign a Triple Net Lease with you.
How to Take Advantage of this new requirement?
1. It's time for those Low-Flow toilets everyone! + energy efficient lighting- prices are coming down on LEDs, so take advantage!
2. Contact your energy provider for available rebates for your due dilligence in reducing your energy intake
3. Meet with a LEED Consultant or Energy Consultant who can go through your major systems and recommend alternatives
4. Use your new efficiencies to attract new, higher-paying, socially responsible tenants that might be willing to pay a premium to be in your property.
5. Look at cost-effective insulation techniques to apply to your building skin (exteriors, interiors, windows, etc.)
You might be surprised to find that your tenants actually will be proactive with this information in hand- keep them up to date and aware of their energy impacts.
As an anecdote- imagine that you're giving your college student money for gas every month- he's going to drive a whole lot!
Now, put the responsibility on him to pay for his own gas- he's going to be a lot more cautious on how he spends his money and the distance he drives.
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For more information on how to make your buildings more efficient, contact Barry Swenson Builder's experienced LEED AP Staff for a free proposal and quote on what it will take to bring your building to a whole new level! 408.287.0246 or you can e-mail Jeff Current @ jcurrent@barryswensonbuilder.com