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Every manager of multi-tenant commercial buildings, regardless of industry, faces the same struggle: how to achieve HVAC efficiency when every tenant uses the system differently. 

As tax season rolls around, will you be able to claim an energy-efficient commercial buildings deduction? Under Internal Revenue Code (IRC) 179D, building owners may be eligible to claim tax deductions if their building meets certain energy efficiency markers. These deductions can generate significant tax savings, especially when combined with other energy-focused tax reduction opportunities, like those in the Inflation Reduction Act (IRA) or with Energy Community Tax Credits.

Communities around the world rely on healthcare companies to provide essential services. Like other industries, hospitals, urgent care centers, and specialized units under one corporate umbrella are being housed in multiple locations. Although bringing wide-reaching types of treatments together may prove cost-effective and beneficial to ailing people, facilities managers take on a sometimes unwieldy task. That’s why an increased number of operations managers are onboarding building automation software (BAS) that can be driven by cloud-based apps.

The development of an energy-efficient HVAC system for your building can be complicated. Every tenant or internal department has different heating and cooling needs based on how and when they are using their space. Forcing the same HVAC (and other system) settings on every tenant in the same way is not only inconvenient — it’s inefficient.

Creating an energy efficient building can make a big difference in reducing your carbon footprint. Building operations contribute as much as 26% of direct and indirect energy emissions according to the International Energy Association.

Heating and cooling buildings account for 15 percent of the world’s carbon emissions. Furthermore, according to the EPA’s Energy Star program, 30 percent of the energy used for indoor climate control in commercial buildings is wasted. For property owners and facility managers, this means missed opportunities for both cost savings and reducing environmental impact.

The number of Internet of Things (IoT) connected devices hovers around 17 billion, and that figure is expected to exceed 30 billion by 2030. These seemingly innocuous mechanisms function as unseen eyes and ears that perform functions such as real-time data collection and analysis.

Buildings with energy-efficient construction can still face unexpectedly high utility bills, leaving commercial property owners in need of a more nuanced solution.