Smart grids are wise power choices, but many not biting

Energy distribution is changing.

While some commercial property management companies are investing in smart grid connectivity, many are still hesitant to take advantage of the idea, even if it is the wave of the future, according to an article from National Real Estate Investor.

A smart grid is a way to streamline energy usage and demand for utility companies, buildings and power delivery systems. Properties with a modern building management system can adjust power use automatically during demand events and make the manual changes made by building engineers obsolete. Setups that do not have this arrangement may have a much higher risk of outages due to high power demand during the summer.

These programs also allow commercial real estate companies to sell the power back to the utilities, which can greatly reduce costs, the news source noted. However, the process may not be as popular as it could be, yet. Many buildings and managers are hesitant to get involved with something so early, even if it looks good.

John Bredehorst, executive vice president for WSP Flack+Kurtz's New York office, told the news source that it may take another decade before connectivity becomes commonplace, but it is occurring. Furthermore, he added that those buildings that are not up-to-date will need to upgrade in the coming years to work with the new power plan.

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