How can RENOVATE work for Building Owners & Property Managers
The Renovate system can help reduce a building’s operating costs by lowering the amount of energy used to heat and cool the building. This translates to increased net operating income, which increases the asset value of the building. Aside from the financial benefits, the Renovate system will improve tenant comfort, stabilize temperatures and reduce sound transmission.
Better buildings mean better business. High-performance buildings are an indicator of a high-performance corporation, so better buildings mean better business.
Many building portfolio owners and managers save energy in buildings by replacing individual equipment and components with more efficient products, but they’re leaving savings on the table. This approach leaves out bigger savings stemming from more encompassing measures like windows, which, when retrofitted with the Renovate system, can reduce heating and cooling loads to the point where big-dollar HVAC equipment can be reduced in size and cost, while greatly reducing runtimes and energy consumption.
Owner-occupants and property managers of property portfolios usually have more incentive to conduct a comprehensive building analysis and therefore a greater ability to derive benefits from efficiency upgrades and retrofits.
Tenants enjoy the direct benefits of a sustainable property, while the benefits to investors and owners have been limited by traditional leases, holding periods, and an inability to easily have tenants pay for the benefits they receive.
However, if you consider all the types of value that holistic energy retrofits can deliver for each party, a more encompassing approach can make sense for everyone.
Increased Comfort For Tenants With Little Disruption
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Preserve & Improve
Some buildings have historic value and are not able or allowed to change the appearance of the building. Renovate does not impact the exterior appearance, since it is installed from the interior. On the interior side, Renovate can have minimal impact on the interior appearance. With minimal effects on the aesthetics, it still delivers big impacts on the energy savings.
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Save Money
Building ownership is a business and businesses typically make decisions based on financial value. Renovate represents financial value through reduced energy use, cutting operating expenses. Additionally, other financial incentives may be available through local utilities along with tax credits for installing Renovate.
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Go Green
A Green building typically is more energy efficient and environmentally responsive. Tenants, especially corporate tenants, are looking for Green buildings. It signifies social responsibility and environmental consciousness.
Some buildings have historic value and are not able or allowed to change the appearance of the building. Renovate does not impact the exterior appearance, since it is installed from the interior. On the interior side, Renovate can have minimal impact on the interior appearance. With minimal effects on the aesthetics, it still delivers big impacts on the energy savings.
Building ownership is a business and businesses typically make decisions based on financial value. Renovate represents financial value through reduced energy use, cutting operating expenses. Additionally, other financial incentives may be available through local utilities along with tax credits for installing Renovate.
A Green building typically is more energy efficient and environmentally responsive. Tenants, especially corporate tenants, are looking for Green buildings. It signifies social responsibility and environmental consciousness.