November 1, 2017 / in News / by REW, Real Estate Weekly
Regulated energy, which comes attached with fears of price-gouging from monopolies, may be the more cost-effective option for property owners.
According to case studies from energy data auditor Utilisave, regulated energy can yield millions in energy savings for commercial buildings.
Michael Steifman, the firm’s founder and CEO, said that the alternative, fixed price deregulated energy, which is generated by electricity aggregators that compete against public utilities like Con Edison, remains popular due to two reasons: it gives owners a fixed number to include in their budgets and nullifies the risk of unexpected price hikes. However, that shield against fluctuations in utility costs comes with a price.