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Association of Energy Engineers
George Owens is a past president of "Association of Energy Engineers", an "Energy Manager of the Year" and an "Energy Managers Hall of Fame" inductee.


 

SHOPPING CENTER
Tenant Light and Power (TL&P) Billing Factor Program
by George R. Owens, PE, CEM

Objective

  • Maximize recovery of TL&P expenses and, where appropriate, increase profitability
  • Reduce tenant billing disputes
  • Improve timeliness of billing information
  • Satisfy lease obligations
  • Provide 3rd party "expert" independence
Action Steps
Evaluation

  • Review lease language
  • Evaluation of landlord's and tenants' TL&P systems
  • Assemble historical TL&P billing factors
Implementation
  • Prepare a site specific methodology for obtaining factors
  • Develop a schedule for implementation by priority
  • Obtain factors via one of the accepted methods
    • Permanent or test metering
    • Physical Survey
    • Tenant design documents
  • Deliver findings via TL&P Billing Factor Report
Ongoing Support

The long-term success of this program is dependant on Management's commitment to developing a systematic approach, consistently applied, with periodic reviews.

  • Annual updates of the TL&P billing factors for new or changed tenants o Fielding questions throughout the year by tenants, management and accounting
  • Assist in the settlement of tenant billing disputes

To send comments to George R. Owens, click here: gowens@EESIenergy.com.

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