"TCC believes it is in the best interest of our clients to adopt an energy-efficiency strategy that enhances the value and competitiveness of properties we manage," company principal Mike Nalley notes in a press release. He tells GlobeSt.com, "we're really excited about it."
EPA estimates show utilities account for about one-third of a structures operating expenses. The organization concludes that a 30% savings in such expenses could lead to a 6% increase in net operating income at a competitive internal rate of return for a property.
The partnership "is an opportunity to benchmark all of our office buildings in a consistent format," Nalley tells GlobeSt.com. "Our job is to save our owners money and operate in the most efficient way we can, and this is a great tool in that direction."
The EPA recently launched a new campaign for the program by circulating five energy-efficiency suggestions for businesses, as well as consumers and homeowners. The tips center on replacing energy-utilizing equipment -- such as light bulbs, heating systems, and electronics -- with ENERGY STAR®-labeled products. ENERGY STAR Partnership began about a decade ago as the Energy Star Computers Program. It has since been expanded to cover more than just computer equipment, but it remains a voluntary government-industry program and has seen great success over the last 10 years.
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