Myriad disruptions in 2020 greatly impacted multiple industries across the globe. With dramatic changes rippling through the energy market, commercial property managers are now facing a number of unique challenges, including carbon reduction mandates, energy efficiency requirements, energy usage reporting and more.
Energy costs account for up to 1/3 of a commercial property’s operating budget. With property managers juggling multiple objectives and competing priorities, it can be easy to let energy procurement and energy management fall by the wayside. Unfortunately, neglecting to give energy planning proper consideration can have costly consequences. But a strategic approach to energy and renewables can help improve your bottom line, reduce unnecessary spending, and free up money that could be allocated to other expenses.
To get your organization back on track and positioned for energy savings, let’s review some key energy management considerations and best practices for commercial properties.
Sustainability has become a growing priority for many businesses and educational institutions. Today’s property managers are seeing an increasing desire from their organization’s external and internal stakeholders to modify operations with sustainability objectives in mind. An optimal sustainability strategy will have a plan that drives down costs, mitigates risk, and demonstrates environmental leadership. NextEra Advisors works with commercial property managers to craft an actionable and measurable energy plan and assist as desired in executing identified initiatives.
Renewable energy sources can help your business reduce electricity costs, meet energy goals and showcase environmental leadership. Whether you’re considering onsite, offsite, or community solar, or another clean energy option, NextEra Advisors can help with energy sourcing to help you find the solution that best meets your business objectives and energy goals.
There may be inaccuracies on your utility bill that are costing your property thousands of dollars each year. It is not uncommon to have incorrect sales tax, rate code or supplier pass-through charges on your utility bills. NextEra Advisors analysts are available to review and analyze your commercial utility bill to correct errors and help you develop a cost-efficient energy procurement and energy management strategy. Click here to request a free utility bill review.
There are many ways to reduce your facility’s energy usage through energy efficiency projects. We work with you to identify cost-saving energy efficiency measures that make sense based on your goals and objectives. Potential areas we investigate for upgrades, monitoring, and automated controls include:
When you want to lower your energy operating expenses, it’s easy to get overwhelmed by the process, and even discouraged by the perceived amount of time, money and resource it will require. As your energy consultant, we will work with you to identify available rebates, benchmark the facility, get an energy review completed, implement the energy efficiency plan, fill out rebate paperwork and most importantly, tie up any loose ends.
To help ensure you’re doing everything possible to optimize your energy spend and simplify your energy strategy, working with an expert energy consulting firm like NextEra Advisors is a smart choice. Our capabilities, resources and unique approach to energy planning can help you develop an energy strategy that includes utility bill analysis, energy usage analysis, energy data management and reporting, energy efficiency projects, renewable energy projects and more. Not only can this translate to significant savings for your organization, but it also allows you to leverage the energy expertise of our team so you and your team can focus on doing what you do best. Contact us today to discover if there are savings you’re missing out on.
Want to learn more about how we work? See our Case Studies to read some of our client success stories.