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4 Smart Building Incentives to Help You Save Money

By Sarah Baker on Oct 18, 2018 8:05:00 AM

Traditional building automation systems have been both costly and complex for the majority of commercial building owners and property managers, accounting for the fact that less than 15% of buildings have a BAS.  Misconceptions about cost often prevent the adoption of smart and sustainable buildings. 

When budgeting for a building automation system, it's important to consider both the capital expense (CapEx) or Total Cost of Acquisition (TCA) -  the initial cost for hardware, software and installation/services - as well as the Total Cost of Ownership (TCO), which is the ongoing cost to use, upgrade and operate and maintain (O+M) the system.

Newer technologies, like IoT sensors, wireless controls, and cloud computing, are helping lower the cost of building automation systems and making them more affordable and accessible to the majority of buildings that lack smart technology. Still, we know the allocating the upfront capital budget can be a challenge. Luckily, there are a variety of incentive programs on both federal and state levels, plus those from utilities and energy program partners, to make it easier on your wallet to go green.

In this post, we focus on TCA and related incentives that you might be able to leverage to lower your costs to install a smart building automation system. Here, we give you the low-down.

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How Can Class B Buildings Get Smarter?

By Sarah Baker on Oct 17, 2018 7:52:14 AM

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.

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ASHRAE MN Energy Expo 2018: Recap

By John Nye on Sep 28, 2018 12:47:54 PM

Our friends at the American Society of Heating, Refrigeration, and Air Conditioning Engineers (ASHRAE) outdid themselves this year at the 2018 Minnesota Energy Expo, hosted at the Radisson Blu in Bloomington, Minnesota. Programming spanned three rooms with 13 presentations, including the keynote speaker, ASHRAE National President, Sheila Hayter, plus energy project deployment stories, projections about the future of energy and building automation.





So find a cozy seat and enjoy some of our key takeaways from the 2018 ASHRAE Minnesota Energy Expo!


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How Green Workspaces Create Happier Employees

By Sarah Baker on Sep 20, 2018 1:37:08 PM

We all know it, green workspaces are in. Market demand for green buildings continues to double every three years, and the demand is only going up. In 2019, the green building market is expecting to climb from $43 billion to $69 billion in the US alone.

So why is that?

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Budgeting for Smart Building Options

By John Nye on Aug 17, 2018 3:22:05 PM

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. 

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How Quick is the Energy Payback with Smart Building Automation?

By John Nye on Jul 19, 2018 4:27:10 PM

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.

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