Philip Blumberg Outlines 4 Easy Steps to Reduce Building Costs by 33%
CORAL GABLES, FL--(Sept 2007)-- Philip Blumberg and Blumberg Capital Partners launched a commitment to the real estate industry to help manage the rising costs of energy by encouraging building owners to institute effective energy management programs to lower operating expenses and increase asset value.
Philip Blumberg identifies the key steps as follows:
1. Measure current energy performance. In order to establish an effective energy reduction program, determine a starting point from which future energy reduction/savings will be compared. Initial Ratings and performance can identify specific areas of poor performance and aid in strategic planning and building upgrades. Evaluation results and information gathered during the initial review process can be used to create an action plan.
2. Set energy reduction goals. Setting clear and measurable goals is critical for developing effective strategies. In order to set strategies for improving the Energy Performance of office buildings, identify and quantify cost effective opportunities to improve building and portfolio-wide energy performance in operations and maintenance, occupants' behaviors, lighting, controls, and equipment. Well-stated goals will aid decision-making and are the basis for tracking and measuring progress.
3. Track savings. Establish a system to measure and verify performance results in order to measure energy performance from a building and portfolio perspective. This information will provide valuable information for making decisions regarding investments in energy efficiency, developing energy management plans, measuring improvement over time, and reaping financial gains.
4. Apply for the rewards of improvements. Buildings can earn the Energy Star rating by establishing a rating of 75 or higher. This achievement shows that the building owner has made every reasonable effort to operate the building as efficiently as possible. Building owners are recognizing the environmental issues society faces today and the role they can collectively play in alleviating some of the problems by reducing energy consumption.
For the complete story, please visit 4 Easy Steps to Reduce Energy Costs, and for more information, please contact Philip Blumberg.