Understanding Energy in Commercial Real Estate Buildings
Everything you need to know about where to start your journey to understanding energy in commercial real estate buildings.
Everything you need to know about where to start your journey to understanding energy in commercial real estate buildings.
In the world of commercial real estate, energy use often flies under the radar, but it's an area ripe for optimization. It's essential for organizations to understand their energy consumption patterns, footprint, and strategies for making the best use of resources. Here's how you can start.
At the heart of energy management is energy data. But what does that mean? Generally, it falls into two categories. The first is timeseries data, which is recorded at regular intervals - hourly or sub-hourly. This provides a detailed view of energy consumption trends over a specific period.
The second type of energy data is aggregated data, collected on a monthly or yearly basis. This gives an overall picture of your energy use, allowing you to compare and contrast periods.
It's not just about raw numbers. Understanding energy consumption involves interpreting data within a specific context. Absolute energy figures mean little without being compared or contextualized. That's where occupancy data comes in.
Occupancy data helps correlate energy usage with occupancy trends. This data provides insight into whether energy usage is aligned with the utilization of the building, promoting efficiency.
To ascertain efficient energy use, one must consider baselines, which are either set from standards or historic data. They offer a benchmark to measure your current energy consumption against, helping you identify areas for improvement.
Another critical aspect to consider is your energy source. How much of your energy comes from the grid, and how much is off-grid? Understanding this helps you gauge your carbon footprint and your offset potential.
In assessing energy efficiency, it's worth considering heating and cooling degree days. They measure how much (in degrees), and for how long (in days), outside temperature was above or below a certain baseline temperature. These values help indicate your building's energy demand for heating and cooling.
Without energy meters, assessing energy consumption can be challenging. One solution is using rough cut profiles, which estimate daily energy usage based on monthly bills and understanding of your building's operations. However, this can't provide as accurate data as metered measurements.
If rough cut profiles seem daunting, you can resort to analyzing your bills and comparing them with standards. This can still offer some insights into your energy consumption, albeit at a more aggregated level.
While using aggregated data, you can use total occupancy per month to derive energy/utilization, which provides kWh per occupant - a critical metric for energy managers.
Navigating energy in commercial real estate doesn't need to be daunting. By understanding your energy data, setting baselines, comparing trends, and even innovating in the absence of energy meters, you can make significant strides in energy management.