Building Owners
The best times to do major energy retrofits
Certain situations provide optimal conditions for a wholesale retrofit of a building to increase energy efficiency. According to the Rocky Mountain Institute [http://www.rmi.org/rmi/], aligning a deep energy retrofit with one or more of these 10 scenarios [http://www.retrofitdepot.org/TimingDeepEnergyRetrofit_More] provides the best bang for the buck and added convenience for owners and/or tenants:
1. Redevelopment or market repositioning of the building
2. Roof, window, or siding replacement
3. End- (or near-end-) of-life HVAC, lighting, or other major equipment replacement
4. Upgrades required to meet code
5. New owner or refinancing making funds available for retrofit
6. Major occupancy change
7. Owner or tenant-driven desire for green certification
8. Availability of large utility incentives
9. Fixing an “energy hog” with large utility bills that makes retrofit economical without any other factors
10. Ongoing energy management plan across building portfolio