St. Louis Energy Benchmarking
It’s more important than ever to be conscious of your energy consumption and make changes to reduce it. And while determining ways that your building can save energy and create a smaller carbon footprint is a noble endeavor, it is not the only reason for doing so is vital for the future of your building. It’s about profit. Your return on investment (ROI).
Simply put, saving energy saves you a lot of money. When your HVAC systems are not running at their peak performances, you are throwing money out the window. For most building owners, heating and cooling is their greatest expense, but the good news is that it’s also the place where the biggest improvements can be made that greatly lessen the cost.
This is where energy benchmarking comes in. Making changes in your equipment and then sitting back and waiting to find out if you’re saving energy is an inefficient and potentially expensive way to make improvements. The benchmarking process involves the research and evaluation of a building’s historical energy consumption and demand. The building is then compared to buildings that are of the same size, are used in the same way (residential apartments, offices, etc.), and are located in similar climates. This comparison provides the building owner, manager, or tenant a simple way of determining how well their building performs as compared to similar buildings. From this information, they can get a clearer view of a bigger picture and decide whether or not they want to pursue further exploration into the potential for energy saving projects on their building. They may find that their current energy usage is less than similar businesses or that there are specific areas where their energy consumption could cost-effectively be reduced.
Energy Benchmarking allows you to:
- Manage your building’s energy use
- Improve your overall energy performance
- Identifies specific areas in need of improvement
- Show where your building’s energy usage ranks among others
- Lowers total operating costs
- Receive recognition and rebates if improvements are implemented
- Be confident in project decisions
The key to effective benchmarking is the amount of data it can compile. It uses large-scale statistical data to understand the building’s energy consumption, data which is collected, verified, and analyzed. The larger the pool of data, the more accurate measure and the more confidence you’ll have in investment decisions and their potential for effectiveness for the success of a project. Without measured historical data, you can’t make decisions on how to effectively improve it.
Along with historical data, benchmarking uses performance standards and data on energy usage and procedures from buildings of similar size, climate, vintage, etc. to rank your building’s performance. By doing this, you not only see where your building ranks among the others, but you can see what they may be doing differently that could help you decide what improvements should be made with regards to your property.
Who can benefit from energy benchmarking?
- Office buildings
- Apartment buildings
- Industrial facilities
- Municipal housing developments
- Government buildings
Energy Benchmarking verifies that your systems are running at their peak performance or reveals that they are not. It highlights areas for improvement and saves you from guessing how to improve and installing expensive equipment that you may not need. Energy Benchmarking is an essential tool for making smart, informed decisions for moving forward with projects that will save energy as well as money.