Tackling energy wastage in commercial properties

May 4, 2023

Energy efficiency is a top priority for asset managers, property managers, and facilities managers in the commercial property sector. In this article, we will discuss the various ways in which commercial buildings waste energy, the consequences of this waste, and how to effectively reduce energy consumption. Additionally, we will explore the crucial role of building analytics technology in optimizing energy usage and minimizing energy wastage.

Identifying energy wastage in commercial buildings

Commercial buildings consume a substantial amount of energy, making it essential for property professionals to pinpoint areas of wastage in order to enhance performance, cut costs, and achieve sustainability targets. A thorough grasp of the factors leading to energy waste empowers property managers to create customized solutions for boosting efficiency. 

Some of the prevalent causes of energy wastage in commercial buildings and their repercussions on overall energy usage and building performance include:

Inefficient heating, ventilation, and air conditioning (HVAC) systems can lead to significant energy wastage, particularly if they are outdated or improperly maintained. Similarly, poorly sealed building envelopes allow heat to escape during colder months and cool air to leak out during warmer months, resulting in increased energy consumption for temperature regulation.

Lighting systems can also contribute to energy waste, particularly if they rely on older, less efficient technologies or lack effective controls for occupancy and daylight sensing. Additionally, the unnecessary use of plug loads, such as computers, printers, and other office equipment, can lead to increased energy consumption when they are left on or in standby mode even when not in use.

Another common source of energy wastage in commercial buildings is the suboptimal operation of building management systems (BMS) and control strategies. Incorrect setpoints, malfunctioning sensors, and outdated control algorithms can all contribute to energy inefficiencies that may go unnoticed without regular monitoring and maintenance.

By identifying these common sources of energy wastage, property professionals can take the necessary steps to address the inefficiencies and implement targeted solutions for improved building performance and reduced energy consumption.

The financial and environmental consequences of energy wastage

Energy wastage in commercial buildings has several negative consequences. Wasted energy leads to higher utility bills for property owners and tenants, increasing operational expenses and reducing asset value. This can ultimately impact the attractiveness of the property to potential buyers and tenants. Excessive energy consumption contributes to greenhouse gas emissions, exacerbating climate change and environmental degradation. Addressing energy wastage is an essential step towards mitigating these environmental impacts. Inefficient systems and poorly managed energy usage can result in suboptimal indoor environments, affecting the well-being of building occupants. Improved energy management can enhance occupant satisfaction and productivity.

Strategies for reducing energy waste in commercial buildings

Implementing proactive strategies can help property professionals reduce energy waste and optimize building performance:

  1. Conduct regular energy audits to identify inefficiencies and areas for improvement
  2. Retrofit existing buildings with energy-efficient systems and materials, or incorporate energy-efficient design in new constructions
  3. Encourage occupant behavior changes, such as turning off lights and equipment when not in use
  4. Implement energy management systems to optimize building operations and maintenance
  5. Monitor and maintain building systems and equipment to prevent mechanical wear and tear, malfunctioning components, or suboptimal BMS controls

Harnessing building analytics software to minimize energy wastage

Building analytics technology has emerged as a powerful tool for property professionals looking to reduce energy wastage in commercial buildings. By providing real-time insights, predictive analytics, and data-driven decision-making capabilities, this innovative technology enables the commercial property sector to optimize energy usage and achieve sustainability goals. As we delve deeper into the benefits of harnessing building analytics technology, let's examine some practical examples of how it can minimize energy wastage and improve overall building performance.

Building analytics technology can play a vital role in reducing energy waste in commercial properties by:

  1. Providing real-time and historical data on equipment performance and energy usage patterns, enabling targeted interventions and improvements
  2. Offering immediate feedback and alerts to facility managers, allowing for prompt adjustments to optimize energy consumption
  3. Supporting predictive maintenance by identifying equipment that is likely to fail or underperform, preventing costly downtime and repairs
  4. Facilitating data-driven decision-making to prioritize the most cost-effective energy efficiency measures

Conclusion

Energy wastage in commercial buildings is a pressing issue with financial, environmental, and occupant well-being implications. By understanding the various causes of energy waste and implementing strategies to address them, property professionals can significantly improve building performance and reduce environmental impact. The adoption of building analytics technology can further enhance these efforts, providing data-driven insights and real-time feedback to optimize energy consumption and minimize waste. Embracing energy efficiency and leveraging innovative technology is crucial for the commercial property sector to adapt to an increasingly sustainability-conscious world.

Are you ready to take the next step in minimizing energy wastage and maximizing efficiency in your commercial buildings?

Don't hesitate to reach out to our team of experts! Request a callback today, and let us help you implement cutting-edge building analytics technology to optimize your building's performance and achieve your sustainability goals.

Arghya Sen
May 4, 2023
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