Solving the Energy Audit Conundrum
With about 30% of America's commercial energy bills being pure waste . . . energy audits should be selling like hot cakes. Unfortunately, that is not the case. While building owners and business tenants are keen on reducing their energy bills, very few have even the slightest interest in an energy audit. That is the "Energy Audit Conundrum" and the White Paper "Solving the Energy Audit Conundrum".
- Phoenix-Mesa, AZ (1888PressRelease) May 24, 2013 - The White Paper, "Solving the Energy Audit Conundrum" defines a conundrum as a complex or perplexing problem that has no clear solution. On that basis, the fact that America's commercial buildings waste almost one-third of the energy that owners and tenants pay for is certainly a very big problem.
The Problem is Wasted Energy Expense
Each year, wasted commercial energy expense:
- Reduces the capitalized value of commercial real estate by more than $750 billion.
- Removes more than $60 billion from business cash flows and profits.
A tremendous amount of money and asset value is missing in action.
In Theory, an Energy Audit Should Solve the Problem
In theory, the first step toward recovering wasted energy expense should be a commercial energy audit; but, very few building owners, or business tenants, have even the slightest interest. That is a conundrum.
A Different Approach to Energy Auditing is The Solution
With wasted energy expense extracting $60 billion from business profits and $750 billion from real estate value . . . the problem has become so big that it simply has to be solved. Solving it requires reliable, building-specific financial information; and that is where currently available energy audit products are falling short.
The White Paper suggests that currently available audit products fail to provide the financial information that owners and business tenants need in order to make good energy efficiency investment decisions. As a basis for providing that information, the paper suggests that facility managers and contractors collaborate in a simple 5-step process using newly available EnergyActio™ software.
Using the software, facility managers and owners set annual cost recovery goals (step 1), and then the managers collaborate with contractors (in steps 2 through 5) to develop a menu of cost reduction options that meets the owner's budget and ROI requirements.
The White Paper, "Solving the Energy Audit Conundrum" is available for free download at http://www.energyactio.com/solving-the-energy-audit-conundrum/.
For more information about EnergyActio software, and to take a free test drive, visit http://www.EnergyActio.com.
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