Our Houston reporter is in Orlando covering BOMA International's annual conference in Orlando. There, Yardi VP Brad Setser (right, with the team at his booth) said energy reduction has a powerful impact on ROI. He believes we could achieve 20% savings on energy over the next few years, which could mean $8B in savings for commercial real estate nationwide. (If you save that much money you can finally buy that beach house you wanted... and the island it sits on.) That’s why Yardi provided BOMA with a grant for an improved energy program. Brad tells us that’ll have three components: collaboration, advocacy, and education. That includes working with utility companies to learn about incentives for energy efficiency, expanding the BOMA 360 program to include more energy reduction success recognition, and working with legislators toward efficiency goals.
How to Save $8B
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