Managed Energy Services Agreements (MESAs)
commit a landlord to pay historical energy use for
a fixed period
of time, and makes the energy-efficiency supplier responsible
for paying the energy bill. MESAs don’t require
landlord capital or increase operating expenses, they
don’t use cost recoveries, and they provide benefit
without financial risk.
Why aren’t more property owners fixing up their
buildings? Even though reducing energy use by 25 to
35 percent is very achievable with a comprehensive
retrofit, there’s still hesitation.The first
reason: Property managers usually can’t
recover those dramatic savings on their own balance
sheets. A vast portion of commercial square footage
in the United States is governed by leases that make
the landlord responsible for capital expenditures and
tenants responsible for rising operating costs.
