Remote work has shaken up energy costs for office landlords and employees. Here's a look at why both are paying more and how one provider is working with corporates to offset workers' higher electricity bills.
This could trigger a permanent shift in costs paid by employers versus those paid by employees.
We spoke to real estate and energy experts about whether these energy trends could continue and why do mostly empty office buildings still require so much energy. Almost all office space saw a huge dip in energy usage at the start of the pandemic. With fewer people coming into the office amidst lockdowns and shelter-in-place orders, lights were turned off for days at a time and small appliances were unplugged and went unused.
What they didn't do was shut down completely, even when the only building occupants were office managers checking mail. Lease agreements usually require landlords to make space accessible, and comfortable, for office tenants for an agreed-upon period of time, whether all day or during typical work hours. Without receiving consent from all tenants, landlords couldn't actually reduce operating hours or lower the working load on the HVAC by increasing the temperature or humidity level in an office.
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