Energy Risks and Property Management

Fluctuating energy prices, the impact of weather on consumption and the reluctance of tenants to assume increased energy costs all challenge property managers to meet energy requirements while controlling energy costs.

The annual budget planning process for natural gas often begins with a forecast for next year's consumption based on the last year's data.

This challenge is complicated by fluctuations in natural gas prices. Hedging the natural gas price will provide some protection from fluctuating prices, but only for the budgeted volume of gas. Excess gas may be sold and additional gas may be purchased at a price different from that budgeted.

Aegent Energy Advisors uses probabilistic analysis to help Property Managers ensure that they will conclude the year at, or under, budget with a specific degree of certainty. For example, we can help a company set their budget and be 90% certain of meeting, or performing better than, the targeted cost.

For property managers with a portfolio of locations, Aegent can also ensure that costs are properly allocated to different facilities.  Monitoring the energy performance of the portfolio is simplified through our accurate and timely reports.

To learn more about how Aegent can help, call us at (416) 622-9449.