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.
The smartest commercial thermostat has hit the market. The 75F® Smart Stat™ Zone Controller supports the new WELL building standard with immediate data insights for temperature, humidity, CO2, VOCs, light, sound and occupancy from built-in sensors. Each Smart Stat also has a unique radial touch user interface and includes 75F’s cloud-based wireless building automation platform for HVAC, Indoor Air Quality, lighting and energy management to achieve energy savings in the 30-50% range in commercial buildings.
Could your office building be described as… average? Maybe it doesn’t have a fountain in the lobby, or a view of the ocean – but you have four solid walls, a non-leaking roof, and only a few drafty cubicles. Have you ever tried to make your building work with an HVAC hack? Maybe you even taped a piece of cardboard over the vent to manage the airflow. That would be pretty clever of you, MacGyver.
So, if your office building is around 10-20 years old, has some wear and tear, but is generally in good shape, you probably have a Class B building. This is good news. Investors tend to target these buildings since, with a few upgrades, they can easily become Class B+ and compete readily with Class A properties. One of those upgrades is making your Class B smart – and it’s probably easier than you think.
Budgeting for Smart Building Options
Smart Buildings make for smart investments in cost savings and value enhancements, often with ROI in under 3 years. And, you may be surprised how affordable and easy a modern building automation solution can be. Here are 3 easy, strategies for budgeting for smart building options that can enable you to implement a building automation system in your buildings.
You know you're about to read about the energy cost savings that can be achieved by implementing predictive technologies, but do you know they can also help to boost your top line revenue and operating margin? Consider the fact that more comfortable employees are more productive. More comfortable shoppers and diners tend to stay longer and spend more. Satisfied hotel guests tend to return and may spend more money at your lobby bar or restaurant.
Commercial tenants and consumers increasingly view LEED-certified / green buildings and sustainable business practices as positive differentiators for which they are willing to pay extra. More productive employees and happier customers are revenue positive. Higher wages, other employee/customer retention initiatives and new investments become more achievable as your margins grow, aided by reduced energy costs.
It doesn't take a rocket scientist to figure out that buildings in different geographies consume energy differently. We all know that everything from sunlight, the wind, ambient temperature, air quality, humidity and time of sunrise/sunset to the topography of a commercial building invariably affect how we use HVAC and Lighting. In other words, the location and environment of your building determine the way your building consumes energy.
And yet, there is a good chance that you have overlooked the importance of geography when planning for energy efficiency.