Lower Energy Costs
Shopping malls have energy needs that range from enhanced lighting in retail stores to heating and cooling stores and common areas. And Demand charges can be as high as 50% of a facility’s actual consumption! The rising cost of energy dictates that energy savings be realized wherever possible. Increasing efficiency is not only good for a shopping mall’s bottom line, it also has a positive impact on the environment, by helping to reduce the mall’s carbon footprint.
Utilizing submeters lets the shopping mall owner, property manager or the building engineer measure consumption for the entire mall, and for multiple floors, individual tenants and common loads, including HVAC. Since submeters provide the information on where and what processes within a shopping mall consume energy, they make it easy to identify cost savings opportunities. In addition, billing mall tenants for their actual usage rather than square footage billing gives them an impetus to join the energy saving effort.
Increase Awareness of Energy Consumption Profiles through Submetering
Submeters are a critical element for measuring energy consumption. The installation of submeters has been shown to foster energy savings simply through the awareness of energy consumption they provide, which promotes the conscientious use of energy and yields savings of up to 15%. Gain the support of your shopping mall tenants in reducing energy usage with the information you receive through submetering. And EIG’s EnergyReporterPQA™ application allows you to fairly bill tenants directly for their energy use, and to create detailed usage reports for mall areas and timeframes.