This paper identifies the dilemma faced by the stakeholders of existing buildings in regards to a decision making process for energy retrofitting. This paper also identifies the missing stage viewed as the “integrity audit “which can lead to substantial savings in the area of building operation. The methodology is centered on identifying energy waste first, reducing the overall peak electrical demand and then retrofitting for energy-efficiency. A proposed “integrity audit” leads to the classification of three main energy culprits: the identification of waste, missed opportunities, and rescheduling the operation of equipment use. A case study indicating the financial advantages of applying this methodology for a commercial building are presented. The energy retrofitting strategy is divided into two main categories, namely building control improvements and building component implementation. The payback periods are often within months if not immediate.