Asset Services Insights - Summer 2018

THE ENERGY MANAGEMENT EVOLUTION Best Practices for Success

Although the commercial real estate industry has slowly adopted full-scale energy technologies, evolving energy regulations and standards are prompting real estate owners and operating teams to better understand and report on asset energy performance. Historically, many business leaders viewed energy management as a low-level priority and opportunity that offered insignificant cost savings to their bottom line. However, attitudes toward energy management and technologies are shifting dramatically to meet public demands for increased transparency concerning companies’ environmental impacts and corporate social responsibility.

According to a report from PricewaterhouseCoopers and

EnerNOC, the world’s leading provider of energy intelligence software, total energy spend is a top-five corporate expense category .

Now more than ever, companies are seeing how their approach to energy directly impacts their cost structure, risk profile, resilience, and brand value.

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