CRE owners aim for energy efficiency

More property owners are trying to be efficient.

More commercial property managers are now looking for more energy efficient options for their properties, as well as the incentives that come with them, according to a global survey from the Institute for Building Efficiency at Johnson Controls.

The survey showed that 85 percent of property owners depend on smart energy management in order to help out their efficiency, which is more than 30 percentage points higher than in 2010, according to the Milwaukee Journal Sentinel. With the plethora of incentives, rebates and tax credits available, many property owners have looked to energy efficiency as a viable option.

"Nearly 75 percent of commercial buildings in the United States are more than 20 years old and are ready for energy improvements," said Dave Myers, president of Johnson Controls, according to the news source. "Building owners and operators are looking to lawmakers to bring down the cost of energy retrofits through incentives and rebates."

However, due to the difficulty of obtaining such options, many owners feel that a lack of funding could stunt their ability to achieve their hopes of making their properties more environmentally-friendly, the report added.

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