What if there was a way to increase low occupancy rates and future-proof your building against rising energy costs and environmental regulations? The solution might be simpler than you think: energy storage.
Are You Struggling With Low Occupancy Rates?
Historically, low occupancy rates in commercial real estate, especially in retail and office spaces, were considered unusual. However, with shifting consumer behaviors and the rise of remote work, these trends are becoming increasingly prevalent. For commercial real estate owners, this shift can lead to:
- Increased vacancies and reduced rental income
- Challenges in attracting and retaining tenants
- Declining property values
- Potential difficulties in meeting financial obligations
- A need for strategies to adapt to changing market demands
How Do Energy Storage Systems Help?
Energy storage offers plenty of upside for commercial building owners. The right solar and battery system can lower electricity costs, protect against outages, reduce CO2 emissions, and even generate additional revenue from your building.
While these storage systems do require an upfront cost, they offer immediate benefits to building owners and tenants alike. What’s more, the savings and revenue they generate often far exceed your initial investment, leading to significant long-term ROI.
The 5 Biggest Benefits of Energy Storage for Commercial Properties
There are so many benefits to implementing battery storage systems in commercial buildings. Let’s unpack a few of them below:
1. Increased Net Operating Income
Torus’s unique “Rent the Roof” model, allows you to effectively add an additional tenant to your building. We’ll pay a monthly lease payment to install a solar and battery system we own and maintain on an unused portion of your property. Under this model, you still unlock CO2 emissions reductions and limited outage protection for your building.
2. Higher Demand on the Market
More and more companies are taking on significant sustainability goals. What’s more, grid instability is on the rise around the country, and outages can be incredibly costly to businesses. Powering your building with reliable, renewable energy enables your property to help tenants meet their present and future goals.
3. Compliance With Regulations
Many governments are implementing regulations that require buildings to have reliable energy sources. By investing in energy management now, you can ensure your building meets these regulations and avoid costly upgrades in the future.
4. Sustainability and Efficiency
By reducing your reliance on traditional electricity sources and possibly integrating renewable energy sources, you can significantly reduce your building's carbon footprint and contribute to a more sustainable future.
5. Maximized Value of Existing Buildings
Battery storage systems are a smart investment that can increase the value of your building. By future-proofing them against rising energy costs and environmental regulations, you can attract eco-conscious tenants and potentially command higher rental rates.
Choose Torus and Invest in Your Building's Future
At Torus, we believe in empowering building owners to take control of their energy usage. Our battery storage systems are built with innovative technology and a commitment to sustainability, providing you with a reliable, cost-effective, and environmentally conscious solution for your commercial property. Plus, you could receive the following benefits:
- Increased property value
- Significant additional revenue
- Additional tenants
- Outage protection
- Support for meeting greenhouse gas reduction targets
Don't let your building get left behind in a world where sustainability and energy reliability are becoming increasingly important. Choose Torus and future-proof your commercial property today.
