Energy Consumption and Energy Cost in Office Buildings (September 2016)
The consumption remained flat. The cost and the price per unit continued 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 June 2016, was released in September this year. The latest report, which covers the results for the period ending September 2016, is available now.
Findings from Research
- ・Energy Consumption
Remained roughly unchanged from the previous quarter (June 2016). - ・Energy Price per Unit
5 points down from previous quarter (June 2016). Started to fall in March 2015. - ・Energy Cost
5 points down from previous quarter (June 2016). 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) nearly unchanged quarter-on-quarter. The energy cost (solid line) decreased below the level before the earthquake in 2011, reflecting the sharp decrease in the price per unit.
