Connect CRE
Summary
Commercial real estate owner/operators are familiar with the upfront costs of energy installation and ongoing operational maintenance. These include (but aren’t limited to) grid connection fees, service line installations and regulations. New buildings might require wiring and panels, while amp upgrades on older facilities present their own challenges. At the same time, energy efficiency measures to help counteract climate change can also strain budgets.
This is where an Energy-as-a-Service (EaaS) model could come into play. This method can reduce capital outlay and maintenance costs while boosting operations and efficiencies.
Additionally, “agreements also include a defined pathway to lower-carbon energy supply over time, if that is an objective for the owner or a local compliance requirement,” said Rob Thornton, president and CEO at the International District Energy Association.“ Owners can market ‘green,’ ‘all-in energy’ or predictable operating cost offerings to tenants,” Thurmond said. “Tenants and buyers often respond favorably to more comfort, better reliability and credible sustainability performance,” Thornton commented.
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