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Energy Efficiency saves energy by altering behavior, timing, and technology. Most buildings offer opportunities for low- or no-cost improvements to reduce costs. Beyond quick wins, there are currently an unprecedented number of government and utility incentives to pursue building retrofits – including lighting, HVAC, building envelope, and renewable energy.
NAI Global helps property owners and users identify and execute sustainability projects that improve cash flow, capture incentives, and reduce long-term risks.
What’s the typical savings associated with energy efficiency?
While every building is different, typical savings are 20-30%.
We view energy efficiency as a real estate play. For example, an office building in the United States averages $2.00 +/- per square foot (PSF) on utilities. Saving 25% would increase net operating income by $0.50 PSF, and increase building value by $6.25 PSF at an 8% cap rate.
What are the biggest opportunities for energy efficiency?
Energy efficiency initiatives are categorized as follows:
- Behavioral
- Awareness, policies and procedures
- Building controls / energy management systems
- Mechanical
- HVAC, motors, and drives
- Lighting
- Building envelope
- Indoor air quality
What’s the process to energy efficiency retrofit projects?
While every project is different, the basic steps are as follows:
- Initial Assessment
- Audit
- Solution Design
- Competitive Bid
- Project Management
- Incentives Acquisition
- Monitoring & Verification
We help clients navigate projects on an as-needed basis, working collaboratively with their existing staff.
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