We visit the doctor for yearly check-ups and take our vehicles to a mechanic for maintenance and oil changes. The same idea applies to an HVAC system. An HVAC system can run around 2,000 hours per year and is a building system that is constantly expending energy. Without preventative maintenance, it is much more likely that a building owner could be overlooking silent issues that could cause a system to break down long before it should.
Preventative maintenance is catching on for a reason. A 2021 survey from The Colling Media Snapshot asked homeowners across the US about preventative maintenance.
The survey stated that during the last time they had an HVAC service, 41% of homeowners had a preventative maintenance inspection of their HVAC system. The importance of preventative maintenance is resonating with homeowners and commercial property owners are no exception.
Below are three reasons why commercial property owners and managers should keep preventative maintenance top of mind:
Tenant Satisfaction
Preventative maintenance can affect the satisfaction and the length of stay of residents
For commercial property owners, tenant satisfaction is a top priority. Preventative maintenance can affect the satisfaction and the length of stay of residents. The Rental Protection Agency states that repair problems are the third most common complaint in residents nationwide, which includes heating and cooling.
Busy season for contractors occurs during the hot summers when outside temperatures are extreme and homeowners are excessively running their units. The typical HVAC contractor carries a backlog of 2-3 weeks’ worth of work during the busy season.
Summers without air conditioning can be miserable for residents and detrimental to a building’s reputation and retention if system failures are not fixed quickly enough. Staying on top of preventative maintenance is a proactive strategy to mitigate emergencies.
Capital Planning
Planning for routine services is important for all HVAC owners and operators as neglecting preventative maintenance can devastate a budget. This is especially true if you are a commercial property owner or manager as overlooking preventive maintenance could cause failure to multiple HVAC systems and exponentially increase the cost of repair and throw a property owner even further out of budget.
In addition to reducing last-minute emergencies, keeping the maintenance and replacement history of a building’s HVAC systems is important when it is time to sell a commercial property. How well a system is maintained can affect the sale price of a property, especially as buyers from the coasts expect up-to-date HVAC systems.
Data-Driven Decision Making
IoT coupled with sensors and wireless networks provide perspective into both predictive and prescriptive analytics
In commercial properties, HVAC systems consume more than 30 percent of the total energy use of a building. The Internet of Things (IoT) coupled with sensors and wireless networks provide perspective into both predictive and prescriptive analytics that can assist in decision making.
With this data, building owners and maintenance techs can understand which systems are consuming the most energy, which ones are the most energy-efficient, and can identify when systems are breaking down.
These actions provide a runway of time to proactively fix system failures before the cost to repair is greater than the cost of replacement.