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BuyingExpert answer · 1 min read

How do I judge an indoor sports facility’s heating and cooling costs from past bills?

Collect several years of bills, line them up by month and season, and compare them with the building’s hours, size and ice or turf use. Ask what has changed since, such as equipment, usage or rates, because past bills only predict the future if the conditions stay similar.

Ask for the full set of utility statements, not summaries. Line them up month by month so you can see the seasonal shape: when costs climb, when they fall and whether any months look odd. Compare them with the facility’s calendar. A busy tournament weekend or a long maintenance shutdown can explain a spike that looks alarming in isolation.

Then ask about the building. The age of the heating and cooling equipment, the quality of insulation and doors, lighting type and any recent upgrades all affect what bills will look like. Find out whether major systems are near the end of their life, and whether costs are fixed by a contract or float with market rates. Some of these costs behave like fixed costs, while others rise with usage.

Finally, check what the bills include. Tenants, shared meters or sub-billing can distort the picture. If the facility is leased, read how utilities are split with the landlord. An energy assessor or building inspector can give a more informed view than the bills alone. Use that to build your own forecast rather than assuming past costs repeat. Ask the seller to explain any month that stands out.

Key takeaways

  • Chart the bills month by month to see the seasonal pattern.
  • Ask what has changed in equipment, usage and rates since those bills.
  • Check how meters and the lease divide utility costs.

Sources

This answer is checked against primary sources. Links were last confirmed on the dates shown.

  1. 01
    Business Development Bank of CanadaGovernment
    What are fixed costs?
    bdc.ca·Checked Oct 25, 2026
  2. 02
    Business Development Bank of CanadaGovernment
    What are variable costs?
    bdc.ca·Checked Oct 25, 2026
  3. 03
    Business Development Bank of CanadaGovernment
    How to conduct due diligence when buying a business
    bdc.ca·Checked Oct 21, 2026

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