Property Managers – What technologies are you using to cut down on electricity costs? – Real Estate Matters
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Property Managers – What technologies are you using to cut down on electricity costs?

Buildings at NightIn October, WCCO’s Jason DeRusha covered this “good question” about why office buildings keep the lights on all night when this is an obvious concern for energy efficiency and the environment not to mention the cost.  With the help of Ted Zwieg, VP of Operations for Brookfield Properties and Jim Durda, VP and General Manager for Inland American Office Management, this question was answered.

With an average of 50% of energy use being caused by lighting, both Zwieg and Durda have used technology to manage and cut down on lighting use.  According to the article, the City Center management has found ways to cut down on costs through the use of technology.  By installing restroom lighting that use motion detectors and office lighting on timers that turn off at 6pm unless overridden by office staff, they are using technology to help in electricity savings.  The cost of the technology was $200,000 and the payback was just a little over a year.  Similarly, the IDS Center management has spent seven figures on technologies to help reduce electricity costs.

That causes us to question, what are other property managers doing to reduce costs with technology?

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