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An audit is a study of how a building uses energy that provides the foundation for green building initiatives by performing cost-benefit analysis. The purpose of an energy audit is to uncover opportunities to reduce cost, increase NOI, and raise building value.
What is an Energy Audit?
- Physical review of a building’s energy usage
- Identifies inefficient or non-operative equipment and processes
- Recommends initiatives that reduce overall energy usage and cost
Why get an Audit?
To reduce energy costs, the building owner must:
- Know how existing equipment and processes are impacting energy costs
- Know which changes will most effectively increase cash flow and savings
How do Audits Work?
- Energy auditing is a discipline that combines building science with financial analysis
- Similar to environmental or cost segregation studies, audits are performed by specialists
- Audits culminate into actionable recommendations for improvement
Do Audits Pay Off?
- Audit pricing typically ranges from $0.02 – $0.10 PSF, depending on building size and complexity
- Typically enough “low-hanging fruit” to payback the audit cost within a matter of months
- Pre-Audit Assessment is an ideal way to determine whether it makes sense to conduct a full audit
Take Action
- Assess Your Properties
- View a Sample Audit
- Talk to Us
