The first step for every facility’s strategy to reduce energy cost and consumption waste should be to analyze their utility accounts. Entegrity’s energy engineering team can quickly provide high-level recommendations after benchmarking a building. Benchmarking is the practice of comparing the measured performance of a facility or campus to itself, its peers, or established norms. This comparative analysis can help building owners prioritize facilities within their portfolio with the most opportunity for improvement.
As buildings age and change function over time, the utility rates associated with the building may need modification. Careful rate analysis can help eliminate various sources of energy or financial waste by eliminating unused utility accounts, selecting the appropriate billing rate structure, or reducing energy penalties through power factor corrections. Often, these savings opportunities can be realized without any additional capital.