12/01/2011

Property Professionals Hold Down Utility Spending

 

Commercial utility expenses fell by over 4% in 2010, with government buildings cutting costs by over 7%.

Utility expenses for commercial buildings fell 4.3% last year, indicating that controlling these costs is an important goal for property managers and owners, according to the fall 2011 BOMA/Kingsley Report.

Buildings surveyed saved about 11 cents per square foot over 2009. The study also identified several noteworthy spending trends across the 6,500 buildings in BOMA’s 2011 Experience Exchange Report, the study on which the report is based:

  • Downtown buildings paid an average of 6.2% more for utilities compared to private sector buildings in general, while suburban buildings’ costs were 8.4% below average.
  • Government buildings cut utility costs by an average of 7.7%, compared to 4.6% for private buildings.
  • Utility costs in Washington, DC, increased 9.8% over 2009, when they were already 54.8% above the national average. However, utilities in the nearby Virginia suburbs were 7.6% below the national average and decreased another 10.3%.
  • Philadelphia and Miami achieved steep drops in expenses, cutting costs by 16.8% and 14.4% respectively.

 

 


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Tennant Company is a recognized leader in designing, manufacturing and marketing solutions that help create a cleaner, safer, healthier world. With thousands of satisfied customers already using award winning ec-H2O technology, why not see what you're missing? Test ec-H2O on your soils in your facility. Get a free demo.

 

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Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.

 


Tennant Company is a recognized leader in designing, manufacturing and marketing solutions that help create a cleaner, safer, healthier world. With thousands of satisfied customers already using award winning ec-H2O technology, why not see what you're missing? Test ec-H2O on your soils in your facility. Get a free demo.


Tennant Company is a recognized leader in designing, manufacturing and marketing solutions that help create a cleaner, safer, healthier world. With thousands of satisfied customers already using award winning ec-H2O technology, why not see what you're missing? Test ec-H2O on your soils in your facility. Get a free demo.

 

Replace core drilling with Connectrac In-Carpet and On-Floor Wireways, the proven connectivity solution in open interior spaces of all kinds. These elegant low-profile wireways are great for AV / telecom connectivity wherever it’s needed.

 

Add highly responsive multi-zone comfort to any building project, in any climate. Our CITY MULTI H2i R2- and Y-Series VRF systems give you flexibility to fit the needs of any building. Enjoy 100% heating capacity at 0°F outdoor ambient, and 85% heating capacity at -13°F outdoor ambient.  For more information, log on to www.mitsubishipro.com


 
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