Industry News




06/21/2005

IREM Details How to Cut Energy Consumption and Costs

The institute’s latest key report provides energy management advice

Contributors: James Earl  
 

The Chicago-based Institute of Real Estate Management (IREM) has released A Practical Guide to Energy Management: Enhancing the Bottom Line, the fifth in its series of key reports. Recognizing the challenges facing real estate managers relating to cutting energy costs and consumption, the institute’s report outlines practical steps to make a positive impact on property performance. Also included is information on:

  • Creating and implementing an action plan to improve energy performance.
  • Purchasing energy economically (i.e. working with utilities, seeking special rates, aggregating power purchases).
  • Reviewing utility (electricity, gas, etc.) bills and learning to understand them.
  • Encouraging changes in occupant behavior.

The report also recommends that real estate managers be fair with tenants in respect to pass-through charges, and that they discuss the advantages of submetering. According to IREM, “Because energy management should be a team effort, [the report] outlines ways to mobilize a team and individual members.”

The report is authored by John M. Klein, Sharon L. Levin, and Deborah Clouter. To purchase a copy of A Practical Guide to Energy Management: Enhancing the Bottom Line, access the IREM store on the institute’s website (www.irem.org) or call IREM toll-free at (800) 837-0706, ext. 4650. The report is priced at $39.95 for IREM members, and $49.95 for non-members.

 

Xcel Energy’s Data Center Efficiency program can help data centers and large-scale IT operations improve reliability and energy efficiency.


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.

Xcel Energy’s Data Center Efficiency program can help data centers and large-scale IT operations improve reliability and energy efficiency.


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.


 
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