Central Business District - 325,000 sq ft

MACH's analytics and adjusted reporting quantify savings in spite of rising electric costs

The adjusted reporting capabilities of the MACH Asset•Manager were used to demonstrate to asset management that increases in electric expenses from 2007 to 2008 were justified and in fact lower than what could have been expected if building operations hadn't also improved from 2007 to 2008.

Electric expenses were $2.85/sq ft in 2007, and $3.20/sq ft in 2008 – an increase of about 12% or $0.35 cents/sq ft. These costs were incurred despite substantial work to optimize startup operations and weekend/holiday runtimes. The property team believed they had worked hard to generate savings, but had only budgetary red ink to show for their efforts. The adjusted reporting contained in the MACH Asset•Manager was able to show that unusually hot and humid summer weather conditions, combined with a 3% increase in occupancy in August, accounted for the $0.35/sq ft increase in cost over the previous year. Further analysis showed that on an “adjusted” basis (accounting for weather and occupancy effects), electric expenses were 3% below forecast -- yielding a savings of $0.09/sq ft (compared to what operating costs would have been without the operational adjustments).

The adjusted reporting and advanced analysis in the MACH Asset•Manager showed that the property team delivered solid results with the variables that were under their control, namely building operations.