How automation can help Commercial Building owner's bottom line

In this blog post, we'll talk about the benefits of commercial building owners investing in a Building Automation System. In addition to your bottom line, there are many other reasons why it's time for an upgrade. For one, the cost of energy is going up while efficiency is going down. These two things can combine to make your or your tenet's monthly bills skyrocket! Energy efficiency isn't the only benefit for owners. Automation systems have an incredibly high return on investment for building owners. This means they can be used to increase premiums and get even more out of them than before, which is what the US Department of Energy has said about automation in its report on how it benefits those who use these technologies

"Recognizing the business case for energy efficiency – Many businesses recognize the ways in which energy efficiency can improve their bottom line. There are opportunities to help even more businesses see these benefits, including the role of energy efficiency in reducing the total cost of occupancy, making spaces more comfortable and attractive, contributing to improved worker performance, and increasing asset value at the time of sale. Even in lease structures with a split incentive for energy efficiency, building owners can benefit from increased energy efficiency through market differentiation – and in certain markets command higher rents and longer tenures. A growing body of research has shown that energy-efficient buildings rent for an average premium of 2-6%, can sell for a premium of as much as 16%, attract high-quality tenants, and have lower default rates for commercial mortgages."

Quote from US Department of Energy. Study on Energy Efficiency in Separate Tenant Spaces

The decision to automate your building can have a number of benefits. Automating your lights, security system, heating, and cooling might cut down on the utility bills you or your tenets pay each month. Plus, it may also attract potential tenants who are interested in leasing an automated building with increased security and energy efficiency. CBAS offers free onboarding for tenets to help get them started with their business and offer a fully customizable experience for their new business home. There’s no better time than now to make that leap into automation! Give CBAS a call today for more information about how we can help you save money while increasing your profits at the same time!