Energy efficiency retrofits of existing building systems for large commercial and industrial facilities are one of the best investments companies can make to reduce their operational expenses. In higher cost of energy areas of the country, the savings of the projects combined with incentives from the local utility and tax benefits typically result in projects with an annual rate of return greater than 33%.
School's out for the summer! With college campuses emptying for the next few months, there is more time for staff to focus on other important aspects of the school, like saving money and energy. In fact, college and university campuses are among the most energy-intensive property types in the world and the summer break is a good time for facility managers to consider starting an energy efficiency project.