Showing posts with label Green. Show all posts
Showing posts with label Green. Show all posts

Tuesday, August 9, 2011

Big Green Zero Publishes Energy Audit Score Card

PRLog (Press Release) - Aug 06, 2011 - Two or three years ago, it was difficult to find a commercial energy auditor. Since then, a "perfect storm" of 1) rising energy costs, 2) conflicting stories from energy product sales people, and 3) a recession-plagued economy has commercial and industrial property owners struggling to recover every penny of energy cost that they can.

The potential to recover energy energy cost is tremendous. According to the U.S. Department of energy, in 4.2 million commercial buildings nationwide, 30% of energy bills are pure waste. During 2007 (latest figures available), that waste cost property owners and their tenants $60.7 billion.

Given this environment, it is not surprising that interest in commercial energy audits is rising. And, it is also not surprising that thousands of "energy auditors" are coming forth to provide that service. The situation is kind of a gold rush. And, as in any gold rush, it is difficult to seperate the good energy auditors from the bad energy audits and from the ugly.

To bring some clarity to this increasingly confusing situation, the energy engineers at Big Green Zero polled property owners and their facilities managers, financial people and accountants. They asked them what they wanted and also what they have experienced with respect to conducting an energy audit. Based on these conversations, Big Green Zero suggests that commercial energy auditors be selected based on the following score card:

1.  Will be audit be conducted by a degreed engineer who understands both the energy-
related structural issues and the energy systems typically found in your type of  
buidling?

2.  Will your energy audit be analyzed through the use of specialized software designed
specifically for that purpose?

3.  Will your energy auditor weigh energy-related business risks as inputs to his or her
findings and recommendations?

4. Can the prospective energy auditor provide a list of commercial customers who are
raving fans?

5. Does the energy auditor have any "axes" to grind. Does he or she sell any products
that the audit may just happen to recommend? Or, does the auditor happen to be a
contractor (who will sell their services to fix your energy-related problems?).

6. Does the energy audit cost being proposed make sense?

Questions 1 through 4 are pass/fail. If the answer is "yes" a prospective auditor may be a good candidate. If the answer to any one of these four questions is "no" the prospective auditor is not a good candidate.

Questions 5 and 6 are more subjective.

For Question 5, product sales people simply cannot be unbiased. They are not good candidates. On the other hand, some contractors are degreed engineers and they may be able to be objective and unbiased despite their self-interest. The decision to retain them as an auditor really comes  down to making a judgement about their honesty, objectivity and transparency.

Finally, Question 6 can really separate the good energy auditors from the bad and the ugly. Any would-be auditor who offers a "free" audit or an audit for a few hundred dollars is going to be a very poor choice. As previously discussed, commercial energy auditing requires an engineering or extensive contracting background.  It also requires the use of special purpose software and a great deal of financial savvy and insight. All of that comes at a price (which typically ranges from a few thousand to perhaps ten thousand dollars).

A commercial energy audit can be very worthwhile. Typically, it will provide due diligence guidance for reducing energy bills form 20% or 30% to as much as a Big Green Zero. But, commercial energy auditing is a gold rush. So, caveat emptor (let the buyer beware). As commercial energy auditors  proliferate, property owners would be well advised to select them with a score card.

Big Green Zero helps commercial real estate owners turn energy pennies into equity dollars. Big Green Zero Energy Due Diligence™ reduces risks, recovers cost and increase capitalized equity value in commercial and industrial properties.

View the original article here



Peliculas Online

Monday, August 8, 2011

Green shoots of recovery for first time buyers in the mortgage market

PRLog (Press Release) - Aug 07, 2011 - First time buyers and borrowers with smaller deposits are enjoying the first signs
of recovery in the UK mortgage market, with the number of products available for
those with a 10 per cent deposit rising to the highest levels since November 2008,
according to analysis by moneysupermarket.com
[http://www.moneysupermarket.com/mortgages ].

There are now 312 mortgage products at 90 per cent loan to value (LTV), an increase
of 17 per cent since June. The last time there were was over 300 products available
was in November 2008, when Bank of England base rate was at 4.5 per cent and the
impact of credit crunch began to have a major impact on mortgage lending.

As well as an increase in the number of mortgage products available, the average
rate on 90 per cent mortgages has also begun to fall. The average rate on fixed rate
mortgages has dropped 0.53 per cent in the past year to 5.87 per cent this month -
and has dropped 0.17 per cent since last month.
Although tracker mortgages at 90 per cent LTV are now more expensive than this time
last year, the average rate is now 5.5 per cent, a drop of 0.22 per cent since June.

Clare Francis, mortgage spokesperson at moneysupermarket.com
[http://www.moneysupermarket.com/mortgages ], said: "There is a severe shortage of
first time buyers at the moment and one of the reasons for this is down to the fact
that it's been so difficult to get a mortgage unless you've had a deposit of 25 per
cent or more. It's therefore encouraging to see an increase in the number of 90 and
95 per cent mortgages available.

"That said, we are still a long way off the number of products that were available
pre-credit crunch and those with smaller deposits are still having to pay a higher
rate of interest than those who are able to put down 25 or 30 per cent. It's good to
see things are moving in the right direction though as this should make it slightly
easier for people to take that first step onto the property ladder."

Article sourced from:
http://www.moneysupermarket.com/mortgages

http://www.griffinandking.co.uk/

Griffin and King are a leading firm of Insolvency Practitioners within the West Midlands with offices covering Dorset, Hampshire, Shropshire and Mid Wales

View the original article here



Peliculas Online