*East Farm Shopping Mall is a vast mall that includes 60 shops and 3 department stores. Most of the mall’s electrical energy comes from rooftop solar panels and two utility transformers. These solar panels have allowed for an overall saving on energy costs for the East Farm Mall. The management of East Farm Mall wanted to charge each tenant based…
It should come as no surprise that commercial buildings use a lot of energy, but did you know that the average 15,000 square foot office building uses over $30,000 worth of energy per year? It's important for building managers to recover utility costs from tenants so you're not stuck with the bill, but it's not as…
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…