Energy saving now on the front burner: carboon trading
The central questions that are being asked across the sector are: how bad might this situation get, and do the price increases justify new investment into efficiency solutions that can hedge against the rises?
Commercial properties in cities on the east coast of Australia will likely experience a 25 per cent increase in electricity prices in the current financial year. Perth and Darwin can only scoff at the modesty of these numbers.
Against this backdrop, a potential 20 to 25 per cent additional increase in prices from proposed carbon trading may take effect from July next year and will be a further shock to the commercial property sector and other parts of the Australian economy.
Savvy property owners and managers can see this perfect storm approaching and are dusting off old energy efficiency proposals that were once unfeasible, but in the new environment are suddenly looking cost-effective.
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Source: The Australian
By , GreenBizCheck