If you own or manage a building that’s been around a while—whether it’s a school, hospital, manufacturing facility, retail store, office building, or any other physical space—it’s safe to assume that it’s not as energy-efficient as it could be. […]
What Is The Average Utility Cost Per Square Foot Of Commercial Property?
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 […]
IoT Energy Management: Beyond The BMS
Most of the nation’s 5.6 million commercial buildings are 15 years old or older. As a result, most are also devoid of the “smart” technology that permeates modern buildings, leaving facilities managers who want to control and conserve energy use […]
NYC’s Local Law 97: A Roadmap To Compliance
New York City doesn’t do “small”—that became evident once again with the passing of Local Law 97 in 2019. Known also as the Climate Mobilization Act, this ambitious piece of legislation aims to cut greenhouse gas (GHG) emissions in a big way, by 80% […]
HVAC Energy Consumption In Commercial Buildings: 4 Ways To Save
With HVAC energy consumption accounting for more than 40% of a commercial building’s total energy use, it’s no wonder so many facility managers (FMs) are reading up on ways to optimize this system’s efficiency. There are lots of ideas out there, many of which would be considered […]
How The Energy As A Service (EaaS) Business Model Works
Until fairly recently, most business leaders and facility managers considered energy an expense line item that was out of their control. It was widely viewed as a fixed cost—a basic requirement for day-to-day operations that was subject to changing regulations and volatile markets. […]