When factoring an energy budget for commercial or rental properties, it can be a very involved and difficult process. However, according to the National Apartment Association, in 2012 utility spending accounted for approximately 20-30% of all operating expenses for multi-family apartment buildings. With energy rates varying from one quarter to the next, it can greatly impact the overall profit each year. As a commercial property owner, finding ways to cut your utility costs is the best way to save money.
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