Almost a quarter of the energy used to run our commercial buildings could be saved with some relatively simple and inexpensive efficiency measures.
In New Zealand, commercial buildings account for around 9% of total energy use and 21% of electricity use. The latter costs New Zealand businesses around $1.25 billion every year. About $280 million of this could be saved, cost-effectively, through energy efficiency measures.
Opportunities to reduce energy consumption in existing buildings have been under-publicised for a variety of reasons. The most notable is a lack of available cost data. Other reasons include lack of clarity on the appropriateness of certain technologies and their respective energy savings, a perceived level of disruption to occupiers and the 'who pays, who gains' issue between landlords and tenants. EECA Business has been doing a huge amount in this area to plug those gaps (www.eecabusiness.govt.nz).
The majority of office buildings (built prior to 2002) can achieve a significant energy reduction following a small additional spend of 5% when undertaking a major refurbishment. Of course refurbishing buildings and improving their energy efficiency adds tangible value to the asset, in terms of market value, but also increased occupant comfort (translating into a more desirable asset).
With office buildings, one of the best places to start identifying where the opportunities for efficiency savings will shortly be to get a NABERSNZ™ rating. NABERSNZ is an energy performance rating tool being launched in June that will provide building owners with a star rating (from 1 to 6) and a sense of where they sit compared to the rest of the market. It's an initiative being launched by EECA Business and the New Zealand Green Building Council (NZGBC) to measure and rate energy performance in the office market, with a view to extending to other types of building in due course.