Energy Consumption and Energy Cost in Office Buildings (March 2016)
The consumption is slightly down. The cost and the price per unit continue to decrease.
Xymax Real Estate Institute has been studying the energy consumption and energy cost of office buildings in the Greater Tokyo area on a continuous basis. The report, which covers the results for the period between January 2010 and December 2015, was released in March this year. The latest report, which covers the results for the period ending March 2016, is available now.
Findings from Research
- ・Energy Consumption
2.8% down year-on-year; a record low and slightly below the level continued since 2011. - ・Energy Price per Unit
5 points down from previous study (Dec. 2015). The price started to fall in March 2015. - ・Energy Cost
6 points down from previous study (Dec. 2015), decreased in line with the falling consumption and price.
1. Office Building Energy Consumption & Cost 12-Month Average
Figure 1 shows the 12-month moving average of the energy consumption, price per unit and cost. The energy price per unit (dotted line) kept falling since March 2015. The energy consumption (dashed line) had a slight decrease quarter-on-quarter. The energy cost (solid line) also continued to decrease reflecting the decrease of the price per unit and consumption volume.
