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.

 

 


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.

Bluebeam® Revu® simplifies digital facilities document management from design review to leveraging as-builts, maintenance manuals and O&Ms submittals.

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.


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.

Bluebeam® Revu® simplifies digital facilities document management from design review to leveraging as-builts, maintenance manuals and O&Ms submittals.

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.


 
comments powered by Disqus

Related Products

Plumbing & Washrooms
Lighting
Vertical Transportation

Sponsored Links