Michael Davies, SVP of Analytics & IoT at Iota, was featured as a subject matter expert contributor for Alt Energy Magazine, a leading trade magazine for alternative energy with an emphasis on the state of the art and on the horizon technologies that have strong prospects of commercialization. Michael discussed that for most commercial buildings, energy is the single largest operating expense, most of which comes in the form of electricity. That being the case, the cost of utility-supplied power is of major concern to property managers searching for ways to lower costs. But controlling and cutting energy costs doesn’t happen overnight—it’s part of a larger educational process that starts with learning more about how you’re being billed, your industry’s energy profile, and your building’s specific energy dynamic.
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