The Drift is Real: Why You Need Ongoing Performance Management
We get it. You don’t think you need it. Typical energy retrofit firms get in and get out with a one-time project, so why can’t we? Because if you just set it and forget it, it will cost you thousands of dollars in lost energy savings within just a couple of years — and a lot more over the long run.
Think about the physical and operational shifts that occur in a typical office building over just a few years, let alone a decade:
- What if your building’s occupancy changes as tenants move in and out?
- What if a contractor mishandles equipment settings during maintenance?
- What are the cascading effects of replacing retired or failed equipment?
- How will transitions in property managers and facility teams affect your building operations?
- Building systems are dynamic and interdependent — without ongoing monitoring even slight deviations of measures implemented could have a snowball effect that erodes savings
- As weather anomalies become more frequent, your BMS will not be ready to handle them alone
Buildings are dynamic entities, and you can choose to have either robust, long-lasting performance, or you can allow drift to erode your value.
- John Roberts and Bing Tso, “Do Savings from Retrocommissioning Last? Results from an Effective Useful LifeStudy.” 2010 ACEEE Summer Study on Energy Efficiency in Buildings, American Council for an Energy-EfficientEconomy, 2010, pp. 3-339 to 3-347.
Guaranteed Financial Gains for All Lease Types
Depending on your building’s lease structure, we’re able to ensure the landlord benefits from reducing energy use, as well as the tenants.
If NNN / Utilities Paid by Tenants
If tenants pay utility costs, we create a services contract paid by tenants, and then we pay owners rent for ongoing building access and sensor placements. It’s like a cellular antenna lease, but of higher value.
Income to Owner
We pay rental income to owner
Service contract paid by tenants
If Full Service Gross / Utilities Paid by Owner
If the landlord pays all utility costs, then we create a services contract to deliver an agreed upon level of savings.
Income to Owner
Full value of savings accrued by ownership
Service contract paid by ownership