BRINGING YOU energy SOLUTIONS: REAL POWER, REAL SAVINGS.
Implementing measures to improve energy efficiency in buildings is a good business decision for homeowners, businesses, and the government.
Understanding and reducing a commercial building’s energy and water requirements is the first step in planning for the cost-effective use of renewable energy technologies.
Improving energy efficiency in both current and future buildings also reduces peak
electrical demand and demand for global water and non-renewable energy resources. It has been shown to improve the market value of owner-occupied buildings and commercial rental properties:
The Institute for Market Transformation reported several real estate studies, showing that EPA Energy Star™ and LEED-rated buildings command higher occupancy rates, square-foot rents, and prices at sale
Use of existing technologies and design standards can reduce energy consumption in commercial buildings by 20 to 30 percent. This potentially creates a $275 billion market for efficiency technologies, engineering and design services, and construction activity. Investing in this improvement in building energy efficiency could also present internal rates of return (IRR) greater than that of many corporate bonds and capital investments made in other industries.
Investing in energy efficiency may also provide property owners with an effective hedge, reducing the impact of future cost increases. Studies have shown that some companies may already be paying more than twice as much for energy than a decade ago. And this rate of increase in cost is expected to continue, driven in part by global competition for resources as emerging economies continue to grow.
West Texas Power offers a range of products and services to improve the energy
efficiency of a company’s building portfolio, increase the productivity of
existing assets, and guard against future energy price hikes. We support
improving building energy efficiency as a sound corporate investment strategy,
one that offers some of the highest sustainable rates of return available to
the business community today.