1.877.338.5493

NEWS

Radiant in Commercial

Energy saving tips for commercial property owners

Wed, 11/27/2013 - 08:38

The word is out - energy saving is in vogue. More property owners are looking for ways to save money with green technologies. The evolution of the green marketplace and energy-efficient technologies has allowed business owners to incorporate sustainable solutions without negatively impacting the bottom line. The benefits of going green have gained such ground that the market is growing substantially in value very quickly.
According to the McGraw-Hill Construction's 2013 Dodge Construction Green Outlook report, the value of the green building market has grown from $10 billion in 2005 to $78 billion in 2011. This drastic increase demonstrates the change in the construction market and public opinion. In 2012, the total value of the green construction market was $85 billion, and in 2013 this is expected to increase to between $98 billion and $106 billion. By 2016 this number is expected to reach between $204 billion to $248 billion. 
A number of organizations are working to promote the adoption of energy efficient materials and technologies in commercial structures. Commercial buildings account for almost 19 percent of the energy consumed in the U.S. Retail and office buildings consume almost two thirds of the energy used by all commercial structures. Here are a couple of the latest energy-saving solutions being deployed in commercial structures:
1) Light emitting diodes. LED bulbs are an exceptional solution to saving money. According to the U.S. Department of Energy, an LED bulb is able to save $6 a year in electricity costs and can save more than $40 over its lifetime. For a commercial structure that uses hundreds, possibly thousands of bulbs, investing in LED bulbs is the right option and offers considerable savings. LED bulbs use about 75 percent less energy than traditional incandescent bulbs and last at least six times longer than fluorescent units. Not only do LED use less energy, but they also require less maintenance, which increases savings. Because the LED bulbs last longer than traditional units, a commercial property owner doesn't have to pay someone to spend a considerably amount of time changing bulbs and climbing up ladders to those located in hard-to-reach places. A LED bulb also produces less heat than incandescent or fluorescent bulbs, which means that air conditioning doesn't have to work as hard and consume as much energy during the warmer months to cool a space. 
2) Radiant floor heating. To reduce the cost of heating a commercial space a property owner or management company can use a radiant floor heating system. This eco-friendly solution provides a consistent delivery of warmth with the power of conduction. Instead of a forced hot air system that uses vents, radiators or baseboard units, a radiant floor heating system allows warmth to travel through the floors to fill a space. This means that people come in contact with the heat sooner, which is likely to improve the comfort felt within a space. In addition, the presence of warmth with such a direct point of contact typically means that a property owner is able to reduce the setting of the thermostat. The ability of the technology to reduce heat loss is also a key component of its ability to save energy and thereby decrease the operational costs associated with a commercial structure. 
By investing in the right solutions a commercial property owner is able to see significant savings and reduce monthly expenses to keep the business running in the black. 

e-mail icon