Rory Marty has worked in facilities management for over two decades, and in that time has picked up extensive knowledge on how to ensure buildings operate efficiently. One of the significant aspects of ensuring a property remains optimally functional is through energy efficiency, something Mr. Rory Marty has been able to integrate into his operations.
2. Rory Marty has worked in facilities management for over two decades, and in that
time has picked up extensive knowledge on how to ensure buildings operate
efficiently. One of the significant aspects of ensuring a property remains optimally
functional is through energy efficiency, something Mr. Marty has been able to
integrate into his operations.
3. For many energy-conscious building owners, having an efficient property is
something they aspire for. However, not everyone will know how to make it
happen. Keeping utility costs down is critical to the practical use of financial
resources, so installing an energy-conserving system is vital to this plan.
4. If you don’t have a clue on how to get this going, here are some ideas.
● Power Purchase Agreement (PPA)
● Energy Performance Contract
● Rebates
● Tax credits
5. Power Purchase Agreement (PPA)
A PPA (or similar program) is designed to help you gain systems or equipment that
contribute to energy use from vendors who pay for and maintain it for an extended
period. Such systems include not only the common ones such as lighting and
heating, ventilation and air conditioning (HVAC) systems but also others such as
building envelope. Typically, an owner is not required to give money up-front.
6. Energy Performance Contract
An energy performance contract (EPC) can be compared to a design-build
construction contract and is usually delivered by an energy service company. The
agreement gives consumers with a set of energy efficiency measures that are
accompanied by guarantees that the savings realized from the energy-efficient
project will be sufficient to finance the cost of the project.
7. Rebates
Many electric and gas utility companies offer discounts for efforts by consumers to
implement energy-conserving measures in existing buildings as well as installing
energy-efficient systems in new buildings. Often, the contractors that put in the
roofing, HVAC, and lighting systems will undertake the paperwork on behalf of the
building's owner. As a property owner, you are encouraged to check if your region
provides any rebates.
8. Tax credits
Most of the popular tax credits when it comes to energy efficiency are given for
those who have some form of renewable energy, including geothermal, solar or
wind power systems. Some of the uncommon ones are cost segregation
deductions and 179D. However, many of these schemes have terms and expiry
dates, so it's important to do some research before getting excited.
9. Cost segregation entails the practice of identifying assets and classifying them for
federal tax purpose. In such a study, certain building costs that previously were
classified with a 30-year depreciable life, for example, can instead be categories as
land improvement with a 7-year rate of depreciation using accelerated methods.
Use of engineering-based studies allows building owners to depreciate existing or
new structures in the shortest amount of time allowable under tax laws.
10. 179D is a tax deduction aimed at commercial buildings that enabled owners to
claim deductions for installing systems and structures that meet energy-efficiency
standards. A tenant can also become eligible if they make expenditures towards
construction. The 179D has been in effect since January 2006.
Rory Marty possesses a Building Operator's Certification Levels 1 & 2 accreditation.