Renewables & Environment - , ,
In most commercial buildings, energy usage stands as the largest operating expense. On average, roughly one third of a typical operating budget is allocated for energy consumption. Ambient offers property owners convenient and cost-effective methods to decrease these seemingly unavoidable costs. Far too few building operators and owners focus in on the ability to increase profitability by reducing operating expenditures. Even when at full capacity or earning top of the market return on a property, there is income being overlooked. Although energy efficiency is extremely cost effective, energy efficient investments actually decreased by 3% in 2018. Clearly an enormous amount of untapped potential remains as a result of industry standards for less-efficient technologies, and insufficient investment in sustainability. Energy efficient renovations will optimize the property's energy usage effectively reducing monthly expenses and increasing property value. Additionally, Commercial and Multi-Unit Residential buildings are amongst the largest contributors to Canada's total GHG emissions. Building-related emissions saw another year of incremental increase to a new all-time high. Commercial properties were responsible for 28% of global energy-related CO2 emissions (International Energy Agency, 2018). Clearly there are not only financial benefits to be enjoyed with energy efficient renovations, there is also a tremendous need for buildings to reduce environmental impact. Ambient simplifies this process by providing the most effective and efficient retrofits to fulfill these goals.