According to the United States Green Building Council (USGBC), commercial buildings consume 70% of US electricity. The US Department of Energy has also found that commercial buildings waste 30% of the energy they consume. This presents a huge opportunity for Facility Managers to take advantage of smart building efficiency measures to save energy. Seeing as lighting and HVAC accounts for roughly 40-60% of a commercial building's utility costs, it makes sense as a starting point for energy savings.
When asked why they haven't invested in smart building automation systems (BAS), many people zone in on the ROI timeframe based upon energy savings, questioning whether the energy payback period is short enough to justify the upfront investment for their commercial buildings. The energy payback equation really is quite simple. And, new intelligent building automation systems can offer payback in as little as 1 year. Though, a focus solely on energy savings leaves out smart building returns that can be 10x to 100x higher, further shortening the BAS ROI timeframe.
Traditional building automation and controls systems are complex and expensive to implement and manage, creating a barrier to adoption for some businesses. So, only about 15% of commercial buildings have smart controls. Newer, born-in-the-cloud building controls solutions like 75F offer an affordable option and shorten the energy payback period, as a result of the lower initial Capital Expenditure (CapEx) investment, in addition to several ongoing Operating Expense (OpEx) savings. In some cases building automation systems deliver a return on your investment in as little as a year on energy savings alone, before factoring the other operational efficiencies and occupant experience value.
We've been very busy, and having a bit of fun along the way, building out the expanded 75F Solutions Portfolio.
- 75F sets up first international office in Bengaluru
- Announces the launch of its award-winning ‘Dynamic Airflow Balancing’ technology in India
The 7th Clean Energy Ministerial (CEM7) took place in San Francisco on June 1st and 2nd. As a follow up to COP21, where representatives from over 190 countries came together to discuss climate change, CEM7 aimed to accelerate the global clean energy revolution. 75F was one of 100 companies from around the world selected to be part of the innovation showcase as a company leading the world’s transition to a clean energy future.
MINNEAPOLIS, MN – May 20, 2016 - 75F, a building automation system providing comfort and energy efficiency, is one of a hundred companies featured at the 2016 Clean Energy Ministerial Startups and Solutions Showcase in San Francisco this June.