What is Energy Benchmarking?
Building energy benchmarking is a service that assesses the energy performance of your building against its own past performance or compared to similar buildings outside your portfolio. The process involves measuring a building’s current performance by quantifying key performance metrics such as energy consumption, cost, or emissions. All sources of energy are benchmarked including electricity, gas, district steam, district chilled water, and domestic water. Many cities require benchmarking and impose fines if buildings are not in compliance.
What are the benefits of Energy Benchmarking?
Energy benchmarking is an essential step in understanding and reducing a building’s energy consumption. By comparing a building’s current performance to similar buildings, it allows building owners to realize cost and energy reduction, leading to operating cost reductions and an increase in net operating income (NOI). By tracking improvements using performance metrics, it also helps building owners and managers determine best practices and whether goals are being met. Energy benchmarking can even earn projects a “green label” or EPA Energy Star Label, which is beneficial when attracting tenants and investors.
Why E Cube?
Our team of professionals will collect and analyze utility data to develop a comprehensive summary of key performance metrics, including an energy usage score based on industry type (BTU’s per Sq. Ft.). The data will allow clients to compare the delivered figures to those of similar buildings, which provides an understanding of a building’s relative energy performance and efficiency.
E Cube will also design solutions to implement energy-efficient technologies, including available financial incentives to lower project costs. Informed by insights, we will allow you the opportunity to make data-driven business decisions that are proven to improve your bottom line.
Our energy benchmarking services ensure clients’ properties comply with current energy disclosure laws adopted by local jurisdictions. With 35 years of experience, our industry professionals are accustomed to the wide range of current and planned regulations.
E Cube’s Commercial, Institutional, and Large Residential Building Energy Analysis Experience:
- Hospitality & Hotel Buildings
- Hospitals & Medical Office Buildings
- Data Centers & Laboratories
- University Campuses & K-12 Schools
- Office Buildings, Hotels, and Mixed-Use Facilities
- Large Residential Complexes
- Large Industrial Warehouse Facilities