The best property management companies implement strategies to ensure that a commercial property is energy efficient. It’s not unusual for energy to account for 30% or more of a building’s total expenditures. Maximizing the return on your investment as a commercial property owner involves controlling operating expenses for energy usage, which includes lighting as well as heating and cooling.

Cost-Saving Energy Solutions for Commercial Properties

There are many creative ways to improve energy efficiency. As energy costs continue to rise, such efforts become increasingly significant. It helps to have a property management company familiar with ways to tap into hidden energy savings. The following are proven solutions for cutting energy costs for commercial property owners.

Efficient Lighting

The type of lighting used in a building has a huge impact on energy costs. The strategy of using more efficient and affordable lighting solutions might involve replacing existing fixtures and lamps with new equipment. Another approach is to simply replace existing bulbs and lamps with more efficient products. For example, LED lights:

  • Consume less electricity.
  • Are far cooler than incandescent lights.
  • Are more resistant to breakage than other types of bulbs. LEDs are made with epoxy lenses, which are significantly less fragile than glass.
  • Have lifespan expectancies of between 30,000 and 50,000 hours, if they are high-quality LEDs. By comparison, incandescent bulbs last only about 1,000 hours. Compact fluorescent bulbs last up to 10,000 hours.

Data Analysis on Historical Usage

In order to understand how energy is consumed, a property’s energy usage patterns should be analyzed. Understanding how and where energy is consumed is often a first step in reducing energy consumption and cost.

Energy-Saving Solutions for Property Managers

Not only can enhancing lighting design and state-of-the-art control technology help cut energy costs, it can also increase market appeal. The following are more strategies that a property management company might use to improve energy efficiency in commercial buildings:

  • Reduce lighting load in common areas that have plenty of natural light. For instance, lighting controls, occupancy sensors, and daylight dimmers can be used in break rooms, offices, gyms, and bathrooms. Studies show that this strategy alone can cut lighting energy usage by as much as 30%.
  • Add controls to snack and beverage vending machines and replace ice machines with more energy-efficient models.
  • Reduce electricity usage by adding a variable frequency drive to the HVAC motors that power fans and pumps.
  • Install smart power strips in order to eliminate phantom loads from office equipment such as computers and printers.
  • Optimize energy performance of the HVAC systems by scheduling routine tune-up services.

A LEED-Certified Property Management Company

It’s beneficial to hire a company like Weaver Realty Group for the best in property management services. Weaver is LEED-Certified, which provides an advantage for the commercial properties Weaver manages. In addition to knowledge about effective energy efficiency strategies, professionals with Weaver Realty Group provide the benefit of experience with Florida’s cycle of investment real estate. For cost-saving solutions and all the benefits of working with a quality property management company, contact Weaver Realty Group at (904) 733-0039 today.