Energy
Category: Energy
Topic: energy consumption
The larger your building or complex, the greater your common area energy consumption (electricity and gas) is likely to be and the more it will be costing your owners corporation to run.
Source: EnergyAustralia, NSW Department of Planning -
Multi Unit Residential Buildings Energy & Peak Demand Study, 2005
With utility costs set to rise continuously, the financial benefits of smart usage and reduction will make owners’ agreement to sustainable changes easier to obtain. Many projects can be shown to pay back initial costs over a few years, giving long term savings beyond. You’ll be able to reduce annual recurring expenses in your administrative fund, protect yourself against rising costs, and potentially allocate more of your levies to your sinking fund to help pay for more expensive sustainability initiatives.
Jumping straight into solar or wind energy production is not the answer. Such a move will generally involve substantial capital cost, and there is really no point in paying for infrastructure to generate energy you don’t really need!
The cheapest form of energy is the energy you don't use.
The following steps will help you reduce your common property energy consumption and costs.
This site was made possible by an Environmental Grant from the City of Sydney
Comments
retro fitting light fittings
Hi
i run a building management business. i have a building where i used a company called LIGHT UP Willoughby to purchase LED globes for all common areas as cost of power P/a was as high as yours.
each globe was using 25-50 watts of power and these lights are on 24/7 but now only uses 9watts of power.they also dont dim over time.some common areas havent had a globe changed in nearly a year and a major reduction in power usage. if you would like to contact me @ cleanliving00
gmail [dot] com for more information. please do.