The real estate occupied by non-profits (NFPs) is as varied as the organizations themselves – including education, health care, social services, religious worship, industry associations, and many more.
NFPs that own or occupy real estate share at least one thing in common: rising energy costs increase operating expenses and reduce resources for advancing the organization’s mission.
NFPs are well positioned to benefit from energy and sustainability initiatives:
- NFPs may be able to pursue a broader range of measures that have a longer payback
- Cost savings can be redirected to programming
- Sustainability aligns with social responsibility and may help attract constituents and donors
The timing is ideal to take action:
- Hedge against rising energy costs
- Capture time-sensitive incentives
- Demonstrate environmental leadership
Typical Energy Consumption
- Energy consumption at non-profit properties varies by property type
- Rising costs pose challenge for NFPs with constrained and variable budgets
Source: U.S. Energy Information Administration