Minneapolis company offers commercial building owners chance to save on energy costs

September 09, 2010  |  Staff Writer  |  Print Article  |  Email this Article

Minneapolis-based EnergyPrint, a provider of energy benchmarking services, recently launched a new interactive budgeting tool to help property owners manage future energy costs. Energy cost is one of the largest and fastest-growing controllable operating expenses for commercial properties. Unfortunately, even with its relative significance, the energy cost line-item on a budget is one that is least understood.

EnergyPrint’s budgeting tool allows chief financial officers, property owners and managers to model changes in energy rates, consumption or even total budget amount. By applying these predictive variables against historical rate and consumption data specific to each property, users can create credible energy-cost budgets.

“Providing easy-to-use tables and intuitive displays of historical and predicted performance, users can quickly understand the impact of rate and consumption on their total budget,” said Priscilla Koeckeritz, president and chief operating officer of EnergyPrint. “Used in conjunction with our suite of benchmarking tools, realistic goals for cost and consumption reduction can be set, taking control over energy expense.”

According to the U.S. Department of Commerce, U.S. Department of Labor and Whitestone Research, the energy cost index for non-residential buildings has increased 6.9 percent from last year. Officials at EnergyPrint believe that the opportunity for corporations to save money on energy consumption and to control costs for the future is huge.

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