Do you keep wondering how you can increase your asset efficiency and optimize your resources for better ROI? A detailed energy audit might be the answer to this. A major part of evaluating the efficiency of your assets is to know where you are wasting energy and losing money. Loss of energy from your real estate property is not only a monetary loss for you but also harmful to the environment. That is exactly why you need to get on top of this before it drains your resources.
But energy audit is a complicated process that needs a humongous amount of data analysis, critical research, time and labor. You also need expert consultants and a workforce to get the job done.
How can an energy audit optimize your resources?
An unbiased third party auditor can neutrally identify the energy-draining places in your company. It will help better your asset management better and find scalable solutions. Here are some are of the benefits that you can have from a good energy audit.
Identify energy-draining areas
This is probably one of the most obvious benefits of an energy audit. To identify the places, assets that are wasting or increasing the energy usage of your facilities. Energy Star is of the belief that any given business can reduce up to 20% of energy usage simply by using better energy-efficient appliances and technologies.
It is the dream of businesses to have Energy Star appliances and techs in place, the Assetsoft team can get you to that goal.
Energy wastage all has its own health risks that can lead to uninhabitable living conditions. An expert auditor will identify them right away and nip the problems at the bud. Mitigating them at the beginning will help you cut further costs and avoid legal battles with tenants.
Reduce energy costs
Once you identify the problems in your buildings, you can take effective steps to address them. It will help you become more sustainable and reduce dependency on external power sources. Your monthly or quarterly energy consumption bills will also go down considerably. It is said that Energy Star efficient buildings are saving 35% more on energy consumption than others.
Help the environment
Survey says that energy-efficient green buildings can help increase your asset values by 7%. Not only this, more and more customers are now looking for eco-friendly business options to deal with. From sustainable homes to energy-conscious lifestyles, citizens are now demanding businesses provide such facilities before they make an investment.
An energy audit can pave the pathway to help you do your part for a cleaner world. Like California Energy Efficiency Strategic Plan had promised to make all their constructions zero net energy projects by 2020.
Get better value on your property
When your property is energy efficient it helps your customers save from their paychecks. This will help increase the demand for your properties and eventually drive sales and increase property value. A property with good weatherized doors and windows will make potential customers choose your services over other non-efficient real estate options. It is in your best interest to make your property go “green” and leverage it as a subtle marketing strategy.
Knight Frank Intelligence labs found that there is an 8 - 18% increase in premium values of properties that have a green building tag. Shouldn’t that like a look profit margin? An energy audit can help you start your journey on making your properties greener than before and reflect it on sales.
Get maximum resource utilization
According to Energy Star, any common household can save up to 24% on their overall fuel bill in a year by using efficient appliances. As a real estate owner and manager you must know these crucial statistics to make use of them in your favor. An energy audit can help you identify which portion of your building is emitting the most heat. Once the auditor finds and analyses the big data for you, you can get airtight spaces to reduce the loss of heat.
The money you save by reducing energy usage can easily be reassigned to other important areas of growth.
Common energy wasting areas
There are different things that can up your energy wastage. But here are the most common spaces where the faults occur in general.
Faulty appliances
Lights and appliances that are not automated
Improper wiring system
Greenhouse emitting appliances
When doors and windows are not weatherized properly
These might be detected manually, but other hidden areas of energy loss can only be found with an expert audit.
Get an Energy Audit Today!
Energy is a draining process, doing it in-house can be costly and non-efficient. Assetsoft has partnered up with experts of Quantifiable Energy Audit Tech (QEA) to conduct the energy audits for all real estate spaces. From drone usage to get a proper overview of the project to the usage of thermal cameras, we use the best technology to get you a holistic report. From commercial real estate to residential buildings, the Assetsoft team along with QEA does it all.
Our selection of technology in project management and energy audits will be customised as per your needs. You will save costs by outsourcing the work and also optimising your resources in the process.
An energy audit can be the agency of change that your business needs to become more eco-friendly. From doing your part in addressing the global warming problem to saving money, it can do a lot. An energy audit will open up doors of change for you. Start these project management best practices to get in the good books of your potential customers and scale growth.
The Assetsoft team is here to analyse and provide you with comprehensible data on where to start repairs. We will also help you directly project it on your business for a better ROI. What is holding you back? Start now and make your building energy efficient. Talk to us today and discuss this in detail.