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Webinar Write Up - 6 ways to make 2018 your year of energy savings

January 2, 2018

The start of a new year means new goals. When it comes to saving energy in a building portfolio, your goals can be achieved by focusing your efforts on areas where you can be most effective. Those areas of opportunity however, are not always easy to identify. This webinar helps anyone looking to make energy reduction goals for 2018 find ways to achieve those goals.

Susie McMullan, a product manager here at Lucid, and Andrew Marsh from BuildPulse recently discussed how to find those savings opportunities to cut operating costs. They identified 6 ways to reduce energy at the portfolio level, the building level, and the system level.

At the Portfolio Level

1. Normalize then compare your buildings

BuildingOS allows energy managers to centralize, analyze, and report on building data. Using portfolio dashboards, you can group facilities by specific type. You can then normalize these buildings by dividing energy use by square foot or water use by occupant. This allows you to compare the buildings in your portfolio effectively with each other to see which ones could use the most improvement.

2. Look at historical performance

Look at the historical performance of each building to see what is typical for that building specifically. Utility bills are a great place to start when looking at historical data. A tool like BuildingOS can centralize your historical utility bill data to show monthly and annual trends. As monthly data comes in, you will know what to expect as normal and when something stands out and needs to be investigated further.

At the Building Level

3. Benchmark your building

Once you’ve compared the buildings in your portfolio and found any outliers, identify what the total savings could potentially be.

“One way to identify the total savings opportunity of a facility,” Susie said, “is to compare it to an industry standard benchmark.”

Benchmarkmybuilding.com is a tool that allows you to compare a building in your portfolio with data from other similar buildings.

“Benchmarking allows you to know which facility to focus on because it identifies which ones have the largest savings opportunity,” she said. “When you have a large savings opportunity for a facility, it gives you the incentive and excitement to then drill down further to find out where those savings are.”

4. Reduce your baseload

After you have compared buildings in your portfolio to historical data and industry benchmarks, you will be able to see where the areas for most improvement are. Identifying the greatest savings opportunities will help you reduce the baseload of your whole portfolio. This will give you a place to start when setting goals and developing plans.

At the System Level

5. Equipment operating schedules

Watch for any issues with operating schedules when it comes to building equipment. These issues can shorten the life span of equipment and cause comfort issues for building occupants.

“A demand profile of your equipment operations is a good way of seeing how much equipment is running at 2, 3, 4 in the morning,” Andrew said. “This way you can find out exactly what equipment is running and how long it has been running at any given time.”

6. Fault detection

Using a Fault Detection and Diagnostics system helps you monitor the physical components of a building such as valves, dampers, and actuators. Andrew explained how this can benefit your ROI and help you achieve your goals.

“The greatest thing about a fault detection platform, is they are a great way to drive repairs based on ROI. So every repair you do, you have an idea of how much that is going to save you over the next three months.”

Watch the 20-minute webinar to learn more about ways to make 2018 your year of energy savings. It is a great place to start if you plan on making energy reduction goals for 2018 or if you’ve made goals and need a plan on how to achieve them.