Energy efficiency to lower your operating expenses

[Account Closed]

Do you have a multi-unit commercial property where you're in charge of the electric bill? Are you looking for ways to extend the life of your property while making a 30% ROI? Have you considered updating the lights, changing out equipment, and using intelligent energy management?

There are lots of articles and discussions about how to pencil out the numbers, how to increase the rents a little here and there, and how to nibble around the edges of expenses. But what about cutting your electric bill in half? What about a 30% ROI in the FIRST year, with an investment that pays for itself 10x over? If you have an office building or are responsible for lights on stairwells, parking garages, and common areas, consider LED retrofits. In many cases your savings are so quick that you can immediately increase your cap rate and value of the property with no additional expense.

[Chris Martin]

CREE bulbs. Low flow toilets. Even RUBS... The paybacks are quick. It's even better when the local municipality or utility company subsidizes the replacements.