Building Upgrade ToolCity of Melbourne

Ed Brown

June 2013

Tenant 1

Tenant 2

Tenant 3

Tenant 4

Landlord

Building Upgrade Tool

Models the financial relationship between landlord and tenant

3 key stages

Create project & upload information

Review project from landlord perspective

(sensitivity analysis)

Review project from tenant perspective

(sensitivity analysis)

Information requirements

1

Baseline consumption

Electricity

$

Gas

$

Water

$

2 Upgrade Initiatives

Capital cost

Utility savings

$

Operational savings

$

3

Loan details

Loan amount

Loan period

Repayment period

Interest rate

Building Owner Report

Building Owner Report – Tenant Summary

Tenant perspective

Tenants:

• are invited by the landlord (via email)

• see financial position from their perspective

• can adjust the same variables as the landlord

Tenant Report

Tenant Report

Remember…

The true benefit is more than just the ‘avoided costs’

The benefit is an upgraded asset which:

- is more attractive to tenants (short voids, improved rentals)

- has an improved NABERS rating

- is hedged against future energy price rises