According to data from the Department of Energy, there are nearly 6 million commercial properties in the U.S., utilizing 97 billion square feet of floor space. Collectively, this sector spends $190 billion on energy, creating an opportunity for businesses to improve efficiency and reduce costs around heating, cooling, lighting, and water. For mixed use property owners…
As retail property owners adjust to a new normal and reimagine business models, controlling costs will be critical to success. Retail properties use an average of 18.3 kilowatt-hours (kWh) of electricity per square foot annually, with 60% of it consumed by lighting, heating and cooling. Lighting alone represents 25% of usage! You have an opportunity…