Climate change is driving extreme and aggressive weather patterns across the country and the world. 2020 witnessed a record of 22 separate billion-dollar weather and climate disasters in the United States alone. These increasingly common natural disasters threaten the safety and stability of individuals, communities, and businesses alike. They also pose a unique problem for…
For companies in the self-storage industry, your facility itself is probably one of your most significant assets. Unlike other industries that are considering going partly or wholly remote after the pandemic, the self storage industry will always need a large physical space to run its business. Therefore, it makes sense to continuously invest in the…
Studies have shown that a growing number of customers value the importance of sustainability when making purchasing decisions. According to a Nielsen survey, almost half of U.S shoppers are actually willing to alter their consumption habits if it helps the environment. This trend is especially important for self-storage companies across the United States. In particular,…
National solar developer, Pivot Energy, recently announced its collaboration with Extra Space Storage to install 65 rooftop solar systems on storage buildings across eight states, including Alabama, Colorado, Florida, Georgia, Illinois, Indiana, Michigan, and Tennessee. The portfolio totals 5.5 megawatts of emission-free and reliable energy, producing enough electricity to power nearly 1,000 homes for an entire year. The portfolio is estimated to save Extra…
Corporate budgets for self-storage properties include many different business expenses – from maintenance costs and the water bill to acquiring tenants and mowing grass. Amongst these expenses, one of the most important variable costs includes the monthly electricity bill. According to the 2012 Commercial Building Consumption Survey (a new survey is currently underway), commercial property…
