As the owner of a commercial building, you know that improving your building for the long haul is essential to creating a safe and comfortable environment for your occupants. Improvements to HVAC systems, building controls, and other features are essential.
As the summer heat and humidity continue to ramp up, your facilities manager is probably making suggestions on what needs to be improved. Given the multitude of obstacles that business owners are facing during these unprecedented times, you may be hesitant to move forward with necessary repairs and maintenance. So how do you evaluate what really needs to be done and what will be the most cost effective for your business?
Here are a few suggestions:
- Make a list of equipment that is obsolete and will need to be upgraded or replaced within the next five years.
- Gather specific data about projected costs if you simply maintain and repair existing equipment as opposed to updating or replacing it.
- Consider other capital improvement projects as well.
Think big picture. With many fires to put out, it’s easy to focus only on the initial cost of upgrading or replacing equipment, but bear in mind that your total costs are more than simply the expense of new equipment. Make sure you consider in the fees you’ll pay to maintain and repair existing equipment. And don’t forget to consider the savings you’ll realize with a new, more efficient system. When you consider maintenance, repair and system inefficiency together, they may very well exceed the cost of a new, more efficient system.
If you need help doing any of this, Enervise can help you evaluate which improvements make the most sense for your specific facility.
