Increase More Revenues With Lower Energy Costs
The statement of lower energy costs equals higher revenues is an accurate quote
. With the economy falling in recent years, now is definitely the time to reduce our utility bills as much as we can. Unfortunately, property owners do not have much leeway to reduce their overhead costs. Due to the downturn in the economy, real estate owners are driven by the market to decrease their rental rates. And during this times of economic adversity, solar heating tubes are an excellent long-term investment for owners of properties.
In lease agreements where water and heating charges are part of the lease, solar heating tubes offer the opportunity for owners of commercial properties for rent to substantially lower expenses they incur by supplying these services. This can be done rapidly and effectively without the tenants being inconvenienced. Making this change can be excellent for increasing returns from a real estate investment because of lower energy costs.
In North America, $28,000 was the average money spent to heat the average commercial building. Utility rates gave no indications of ever going down. Therefore, the option would be to either raise rental rates when the period comes to renew leases; or find ways to substantially lower energy costs. Doing the latter not only insures occupancy, but it also puts some of the money (that would have been set aside for heating and providing hot water to tenants, back into the property owner's pocket.
How much money can be spared by investing in solar heating tubes? This depends mainly on how much investment the property owner is willing to make. Of course, more solar heating tubes produce more hot water (in this case, getting into hot water isn't a bad option). In being more aggressive, the owner can capitalize on the other financial advantages of solar energy aside from heating water; which is being able to produce their own electricity to reduce their spending for energy costs.
Servicing the a commercial office building with air conditioning can be costly as well. To nullify some of these costs; the roof space that otherwise would be serving no purpose, can be used as an installation area for more solar panels. In effect, the property owner can lower their electricity bills all year round from using the electricity the property itself generated to power the water pumps needed to circulate water throughout the solar heating tubes.
Again, a very aggressive solar energy plan will yield greater returns quite rapidly. Every real estate investment whether commercial, industrial or even residential has different requirements that have to be satisfied. But no matter what the size, or design of the property to be constructed or retrofitted, it is possible to achieve lower energy costs through the use of solar heating tubes, solar electric power, and wind generated electric power, or even a combination of all three solar alternatives. Getting a good quote from a reputable expert is always a good idea. Technology in the alternative energy industry is swiftly evolving. Your supplier needs to have its fingers on the pulse of the solar energy industry, so he can more appropriately design the most affordable and latest custom solar energy solution, to help you achieve lower energy costs and increased income.
by: Craig Axelrod
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