Neal Bach
Canadian Property Management
Electricity price embedding cycle begins anew
Ontario’s large commercial customers will have somewhat more straightforward parameters for carving out their share of the global adjustment as they prepare for expected summer peak demand.
Canadian Property Management
A fine-tune for effective benchmarking
The 2021 versions of REALPAC's normalization methodologies for calculating energy- and water-use intensity address issues arising from the COVID-19 pandemic and lower occupant densities in office buildings.
Canadian Property Management
COVID-19 incubates global adjustment 2021-22
For Class A consumers, cost-saving potential will be diminished even if they successfully curtail demand during the five peak hours since those peaks are expected to be lower than usual.
Canadian Property Management
Ontario to temporarily offset electricity costs
Commercial and industrial electricity customers will pay the differential above 11.5 cents per kilowatt-hour in added monthly increments beginning in January 2021.
Canadian Property Management
Ontario electricity prices flout sliding demand
Despite a steep drop in province-wide energy consumption due to COVID-19 triggered business shutdowns, many building owners/managers expect a more modest flow-through dip in operating costs.