High prices for Australian gas and changing regulatory environments require energy management to reduce outgoings, and hit compliance targets.
Increasing gas costs
The new Australian LNG fields developed to export gas to Asia have put in place infrastructure that allows this and other Australian gas to be exported. When Asia is paying up to 3 times the price for wholesale gas than Australia our gas prices will go up, or we will have no gas. NSW has started the increase with a 17.8% increase in gas prices from July 2014 with other states to follow and the trajectory will continue up.
Reducing net rents
Increasing energy costs are increasing outgoings and for some landlords, therefore, reducing net rents that require effective Energy Management to reduce energy consumption via better building operations or CAPEX with short payback periods.
Direct Action Plan
The Abbott Government is proposing a change from the Carbon Tax to the Direct Action Plan / Emissions Reduction Fund which may allow companies or groups to compete for funding for their emission reduction projects. This has yet to be approved but may create opportunities for funding for energy reduction projects.
BEEC/ NABERS compliance
BEEC / NABERS ratings are required for compliance and also to help the competitive position of your properties in relation to target tenants.
Building Code of Australia Energy Efficiency requirements
Compliance with Section J, (energy efficiency) of the Building Code of Australia, (with specific state requirements) requires for new buildings and upgrades energy efficiency compliance either via:-
- Deemed to Satisfy compliance, for more standard buildings designs, or;
- For more innovative building designs, JV3 Alternate Verification Method.
SGA Property Consultancy is the solution
SGA Property Consultancy has in house the specialist consultants able to provide you with the necessary compliance, efficiency or CAPEX to meet your needs:-
- SGA Building Services Engineers
- SGA Building Compliance Certifiers
- SGA Building Consultants
- SGA Greenstar / BEEC / NABERS qualified Assessors
For further information or request for a submission please contact any of the SGA Property Consultancy offices.