ABO Developments - Winter 2015 - (Page 7)

executive director's letter A Letter from the Executive Director DAN MARGULIES W e're full of energy there. In the meantime, buildings can t h is w i nter, use the benchmarking tool to earn EPA thanks to the EnergyStar ratings that can't hurt with November ABO marketing. Perhaps more importantly, it reminds owners that energy use can and panel "What Price Energy?" that inspired two articles in this issue. should be managed. EcoSystem Energy, The panel and articles taught me some a new ABO member that participated in our panel, not only installs energy saving new things and reinforced other lessons. When ABO joined with FS Energy to equipment, it monitors the equipment's offer our members group purchasing, we use as a facility manager. The company has expected savings and we got them. But learned that you can't guarantee energy there was no easy answer to the question savings unless you monitor improvements of whether to lock in a price for electricity closely and react swiftly to problems. or gas or oil, or float with an index over I should also give a shout out to wholesale market prices. In fact, owners another new energy conservation company who locked in prices last spring are probthat just joined ABO, Energy Conservation ably paying more now, and that's the first and Supply, Inc. It is leading the way on time a spring lock has backfired in four or lighting conversions to LEDs with some five years. So what should buyers do? The amazing ROIs. panel was unanimous: pick a strategy and Finally, in this issue, we also try to throw some light on the mayor's new stick with it. Some years will work better than others, but switching back and forth affordable housing plan after one year. is more likely to achieve the worst results. Unfortunately, the details are still hazy. Timing the market is so difficult Just like the weather. because sometimes the reasons for energy price swings are not obvious. David Singer of Original Energy noted how the forecasts for oil prices often relied on quesThe growing amount tionable long-range weather predictions, and he thought the value of the dollar of energy benchmarking was a more reliable indicator, because data probably hasn't made worldwide oil prices are denominated in dollars. Unfortunately, the strength it really useful for building of the dollar any given winter is even comparisons yet-there isn't enough harder to predict than the weather. United Metro's presentation on information on buildings by age, size, Bio-Fuels reminded owners that not heating type and tenant consumption- only is there a mandatory 2 percent biofuel component in the oil they but it is getting there. In the are buying, but a state tax rebate meantime, buildings can use the for every percent up to 20! Get those rebate forms from your supplier. benchmarking tool to earn EPA The growing amount of energy EnergyStar ratings that can't benchmarking data probably hasn't made it really useful for building comparisons hurt with marketing. yet-there isn't enough information on buildings by age, size, heating type and tenant consumption-but it is getting Winter 2015 | 7

Table of Contents for the Digital Edition of ABO Developments - Winter 2015

A Message from ABO Executive Director Dan Margulies
Affordable Housing: A Work in Progress
What Price Energy? Buying It, Saving It, Making It
Benchmarking: Year Three
Index of Advertisers

ABO Developments - Winter 2015