If you own or manage commercial buildings, tenant submetering for your premises could transform how you bill your tenants for their consumption. The traditional approach is for a single meter that monitors the power consumption of multiple rental units. Tenants then share cost for energy consumption based on the rental square-footage they occupy. Traditional energy metering lacks transparency, which impairs…
Although there’s generally a master meter for measuring all of the energy used in a building, many buildings (whether residential or commercial) have several tenants. To ensure equitable billing, utility providers need a way to divide the total energy costs between tenants. Tenant submetering can help building managers to automatically generate bills depending on each…
No building manager wants to spend a fortune on energy costs. Smarter energy decisions not only help you to meet the required efficiency standards, but they also reduce your building’s energy costs—saving you money. To gain better control over energy usage, many building managers are investing in energy storage systems. One of the primary applications…
The latest Building Energy Management Systems offer a remarkable opportunity to put energy at the center of your financial strategy. If your organization owns or operates commercial buildings, there are three ways that a modern Building Energy Management System can help you cut costs and improve financial performance. 1. Energy Efficiency Strategy Improving energy efficiency…
How many times have you made a purchase, only to find out later that it really wasn’t what you were looking for? This may not be a big problem when you’re buying something for personal use, but the consequences of purchasing the wrong solutions can be costly when you’re making business purchases. Understanding all of…
As we learn more and more about the negative effects of greenhouse gases (GHG), it is becoming more important than ever to find a way to mitigate our GHG emissions. Large corporations especially must be prepared; it is essential to have a strategy for the reduction of GHG emissions, and this strategy must have well-defined…