Air Conditioning Services: 5 Tips to Cut Shopping Center Costs

Do you own a shopping center and are considering about lowering cost on commercial real estate management? Below are five practical cost-cutting measures to help reduce shopping center costs:

• Go Paperless and Switch to Digital Technology

The cost of paper products is rising. On the other hand, majority of the modern customers are no longer interested in paper-based transactions. Instead, they prefer to receive information and updates about new products, retail sales, and upcoming events conveniently on their smartphones, tablets and other mobile devices. It only makes sense for your shopping center to ditch the paper. Instead of spending extra on paper flyers and promotional brochures take advantage of the digital technology. Set up Wi-Fi areas in your centers and use emails and social media platforms to reach out to your customers.

• Invest in Environment-Friendly and Energy-Saving HVAC and Lighting Systems

Strip mall management is costly and a large amount of your resources typically goes to your utility and energy bills. To cut your shopping center expenditures, start by examining your energy consumption bills. Invest in upgrading your heating, ventilation, and air conditioning or HVAC system which will save you more in the long run. Consider using intelligent programmable AC monitoring timers and thermostats, staggered start times and energy management systems that help lower utility bills by shedding off non-critical loads during non-peak periods particularly at night.

Change your center’s lighting into energy-efficient yet high-performance LED lighting bulbs. These upgrades may cost you initially, but along with proper maintenance, everything should pay off when you see the lower charges you get on your next utility bills.

• Streamline Your Operations Strategies and Practices.

Study the scheduling practices of your center’s housekeeping and security departments. Develop a plan to align your outsourced services especially during the seasonal peak times. In addition, you can significantly reduce contracted services as well as cut unnecessary expenses by redefining the scope of work earlier during the vendors’ bidding process. You can also dramatically save on utility maintenance cost by considering an in-house solution for your regular parking lot cleaning and plumbing and electrical service needs rather than relying on third party solutions.

4. Turn Your Trash to Gold.

The costs of maintaining proper waste disposal system is continually rising. The best way to counter this inevitable price surge is to proactively manage your shopping center’s garbage disposal system. Opt for having your trash compactors emptied whenever they are full instead of scheduling garbage removal on a more regular basis. Audit your trash disposals to examine whether or not recycling is a viable option to reduce the garbage coming from your center. You may try to work with your local recycling companies and make partnership with them so you can reduce your waste and at the same potentially earn revenue from your trash.

• Reduce Cleaning and Maintenance Costs

Your shopping center’s cleaning and maintenance must be done on a regular basis. This is not only to maintain your center’s attractiveness or aesthetics but more importantly, to create a safe and healthy environment for the tenants and shoppers. Try to schedule your cleaning services during off-peak hours of the day to reduce energy consumption including labor costs. Use floor-care machines and automated cleaning solutions to minimize trash for easy cleaning.

True Cool AC are experts in utilizing the latest technology for your heating and coolin needs. For more information call or visit 5 Tips to Cut Shopping Center Costs