Melbourne retrofitting projects will reduce CO2 emissions

A new retrofitting initiative will help melbourne offices boost their green credentials 16000646 800472750 0 0 7056478 300

Two retrofitting agreements that will see Melbourne offices cut their carbon emissions by thousands of tonnes per year have been announced by the city council.

The repairs are the latest in a series of initiatives under the Victoria capital city's 1200 Buildings Program and will see major improvements made to both the Kings Technology Precinct (KTP) and 123 Queen Street.

Owners and tenants of commercial properties have much to gain from eco-friendly repairs, especially with rising electricity prices frequently making headlines in recent weeks and months.

Cathy Oke, chair of the Future Melbourne (Eco-City) Committee and Melbourne city councillor, asserted that there is "mounting evidence" that buildings with green credentials are becoming increasingly appealing.

These improvements, she said, "have increased appeal to both buyers and tenants and appreciate more in value".

According to the city of Melbourne, the new agreement at KTP will see a retrofit valued at $3.2 million carried out at 100 Dorcas Street in South Melbourne.

In total, four out of the five buildings onsite will be given energy efficient improvements, including upgrades to the lighting and heating systems, as well as cooling towers.

Meanwhile, 123 Queen Street - which is the 1200 Buildings Program's first privately-funded green upgrade - will benefit from a $1.3 million upgrade including a trigeneration system for heating, cooling and electricity.

This project, said Scott Bocskay, the chief executive of the Sustainable Melbourne Fund, marks an important milestone when it comes to boosting the city's green credentials.

He said: "Environmental upgrade finance represents one of the most significant breakthroughs worldwide in financing retrofitting of commercial buildings."

If your workplace's new year's resolutions include finding ways to make your electricity bills cheaper, there are a number of simple changes you can make in your office to reduce energy consumption.

By simply switching your computers and monitors off at night - rather than leaving them on standby - and only using lights when they are needed, you may find you are able to save some money.

Even further savings might be made by shopping around for a different electricity supplier. A quick telephone call to a switching service can help you evaluate the best deals in your area - and if there are cheaper or more suitable tariffs for your company, you can easily change to a better provider.

Posted by Charlie Moore