As a property management professional, you are constantly looking to justify any and all investments you make for your facility. In many cases, this calculation is very simple.
Take for instance a Variable Frequency Drive (VFD). When you hook up a VFD to your facility’s HVAC equipment, you can put a meter on that piece of equipment to see how much energy it is consuming compared to how much it was consuming before.Continue reading Where is the ROI in BAS?
As property management professionals start looking at not only the first cost but also the total cost of owning and operating their assets, the question lies, “how does one assess the total cost of selecting a particular product or service partner?” Depending on the piece of equipment or particular service, calculating the total cost of ownership (TCO) may be simple, but with technology as complex as building automation systems (BAS), there is an abundance of factors to consider. Below, we have put together a comprehensive checklist of potential expenses associated with the operation of a BAS over 5 to 10 years. For more information on this topic, you can also download our Ebook or view our webinar on Understanding the Life Cycle Cost of a Building Automation System.Continue reading TCO Checklist for Building Automation Systems