{"id":1004100641,"date":"2014-07-01T12:03:40","date_gmt":"2014-07-01T20:03:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004100641"},"modified":"2022-12-06T02:29:55","modified_gmt":"2022-12-06T10:29:55","slug":"energy-matters","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/energy-matters\/","title":{"rendered":"Energy Matters"},"content":{"rendered":"<p>Energy has become a paramount\u00a0priority for commercial real estate owners <a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/07\/Sue_New_Headshot.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004100644\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/energy-matters\/sue_new_headshot-4\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/07\/Sue_New_Headshot.jpg\" data-orig-size=\"411,197\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;3.5&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;NIKON D300S&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1382007108&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;35&quot;,&quot;iso&quot;:&quot;200&quot;,&quot;shutter_speed&quot;:&quot;0.0125&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Sue_New_Headshot\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Suzann Silverman, Editorial Director&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/07\/Sue_New_Headshot.jpg?w=411\" class=\"alignright size-thumbnail wp-image-1004100644\" alt=\"Sue_New_Headshot\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/07\/Sue_New_Headshot.jpg\" width=\"150\" height=\"150\" \/><\/a>and operators. Its cost has moderated, but it remains the single largest operating expense for commercial buildings, according to the U.S. Environmental Protection Agency, accounting for about 30 percent of operating costs. That has encouraged experimentation with a growing variety of alternative sources, technologies and strategies that are helping to lighten the load on the electric grid, the environment and the bottom line.<\/p>\n<p>So perhaps it is not surprising that this year the Counselors of Real Estate ranked energy No. 1 on a list of the top 10 issues affecting real estate. In unveiling the list during the National Association of Real Estate Editors\u2019 48th annual Real Estate Journalism Conference in Houston in mid-June, CRE chair Hugh Kelly termed energy \u201cthe game-changer for the U.S. economy.\u201d The thought-leadership organization further pointed out in a statement that \u201cthe U.S. is becoming increasingly energy independent. Changes in U.S. energy production are impacting jobs, income growth and the quality of life\u2014key determinants of real estate value and successful investment.\u201d<\/p>\n<p>Thus, you don\u2019t have to support fracking to welcome the growth of the U.S. energy sector. New jobs\u2014and new industrial facilities\u2014are springing up around a variety of energy sources: yes, fracking in North Dakota, Montana and Pennsylvania, but also renewable energy in Massachusetts and even in Texas, that historic stronghold of the oil and gas industries. Yet the U.S. economy needs even more energy to keep growing, Kelly cautioned, raising the question: \u201cCan we generate enough energy to make changes that matter?\u201d<br \/>\nMeanwhile, public utilities commissions continue to advance incentives to reduce demand on the grid and encourage energy efficiency, as Enerliance president Ray Pustinger relates in this month\u2019s New Visions Q&amp;A. In New York City, Con Ed is launching a program aimed at retiring the Indian Point nuclear power plant, with a lofty goal of reducing demand by 125 megawatts. \u201cThe overall trend is for more incentives and more investment in energy efficiency and solving environmental and grid problems, reliability problems through energy efficiency and demand response,\u201d Pustinger noted.<\/p>\n<p>Read the full note by Editorial Director Suzann D. Silverman in the\u00a0<a href=\"https:\/\/digital.commercialsearch.com\/news\/publication\/?i=214831&amp;p=4\">July 2014 issue<\/a><a href=\"https:\/\/digital.commercialsearch.com\/news\/publication\/?i=214831&amp;p=30\">\u00a0<\/a>of\u00a0<em>CPE<\/em>. Access is free!<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Energy has become a paramount priority for commercial real estate owners and operators.<\/p>\n","protected":false},"author":952,"featured_media":1004100644,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21788],"tags":[],"class_list":["post-1004100641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editors-notes"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Energy Matters - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/energy-matters\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Energy Matters\" \/>\n<meta property=\"og:description\" content=\"Energy has become a paramount priority for commercial real estate owners and operators.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/energy-matters\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-07-01T20:03:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T10:29:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/07\/Sue_New_Headshot.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"411\" \/>\n\t<meta property=\"og:image:height\" content=\"197\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anna Spiewak\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/energy-matters\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/energy-matters\/\",\"name\":\"Energy Matters - 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