After decades of deliberation, the owners of the historic Empire State Building in New York City have decided to IPO, allowing the public to purchase shares of the Manhattan icon. This means that ownership in the famous structure are available to you and me, regardless of whether we are real estate moguls. Because I am an energy nerd, this analysis focuses on the impact of recent green projects on the building's value.
Utility Tracking and Benchmarking Blog | WegoBlog
Kelly Smith
Recent Posts
Should I buy shares of the Empire State Building? An energy look
Posted by Kelly Smith on Tue, Jun 04, 2013
Tags: Sustainability, Energy efficiency, Funding, Energy Disclosure
Imagine you walked into a retail clothing store at a shopping mall. There are no articles of clothing in sight, only a table in the middle with a few experts seated around it. You sit down and discuss your needs. After a few minutes, the experts arrive at the perfect solution for you - a pair of denim jeans that is simultaneously comfortable and attractive. And the price is more than compensated by the additional coolness and enjoyment this pair of jeans will introduce into your life. You fork over the money and walk out of the store, thrilled with your new purchase.
Tags: M&V, Energy efficiency, Building science, Water Conservation
What do money and energy have in common? More than you think
Posted by Kelly Smith on Tue, Mar 05, 2013
By now, we have all heard about the rising cost of energy and the financial advantages of increasing energy efficiency - predictable budgeting, reduced operating expenses (one estimate is $400 billion savings per year), limited deferred maintenance expenditures. But there is another link between the dollars in your bank account and the kilowatt-hours used at your facility. They are both measured in numbers, and that means data and analytics can be harnessed to save.