Understanding building data and how it can help with energy costs

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The strategic management of energy has significantly changed the way businesses operate, enabling them to actively keep on top what they are spending and where, and finding ways to reduce their outgoings.
 
As Energy Manager Today recently reported, facility professionals now have the ability to look deeper into their energy usage than ever before, using innovative software to automatically consult building data for accuracy and to make informed, data-driven decisions.
 
So why haven't organisations always used strategic energy cost management?
Until recent years the only source of energy data has been the utility bill, which often arrives when it's too late to do anything about the costs. And even when it does arrive, it can be a challenge for facility professionals to identify any retrofit possibilities or develop a cohesive management strategy. As a result, convincing other stakeholders that energy management is a worthwhile investment can be hard to achieve.
 
Thankfully those days are long gone, and organisations can now use modern energy management software to look for energy inefficiencies and make better informed choices.
 
Even in larger facilities, utility bills can be automatically collected and analysed, with cost breakdowns automatically sent to stakeholders so that everyone is kept in the know. What's more, budgets that forecast future energy usage can be created more accurately, without having to manually input them into a computer.
 
More and more organisations are using this type of software to boost their energy management strategies and free up more time to take cost-reducing action. Some of the improved financial outcomes of doing this include:
 
Peak demand management
 
Monitoring real-time loads can reduce demand charges and predict when new energy peaks might be set. This is becoming increasingly important as more utility companies put facility owners on time-of-use rate structures.
 
Measurement and verification of retrofits
 
Many buildings would benefit from investment in an energy retrofit, but without a clear ROI it's difficult to demonstrate how much money can be saved. Measurement and verification (M&V) features create a baseline model of building performance, and estimate current energy use; using this data, existing energy costs can be compared to post-retrofit costs, demonstrating a clear ROI.
 
Bill estimation
 
Using software means that you can estimate utility bills before they arrive, allowing facility professionals to give advanced notice to stakeholders and identify why usage may be high before adjusting the budget accordingly.
 
Accurate budgeting
 
Automating the budget forecast is far more effective than creating it using only a few basic inputs; you can add multiple variables, closely analyse past performance and, as a result, produce a more accurate budget. Innovative software can also align annual budgets with multi-year energy goals, such as reducing energy usage by 10% over five years.
 
Managing the data of buildings

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  • VEOLIA- Energy Management Solution for utilitiesVeolia is one of the market leader companies in Hungary in the energy, water and waste management industry. The group company employs approximately 2,500 people who provide professional services to various towns, institutions and industrial companies enabling them to efficient manage resources, while the water utility and district heating branches of the company supply drinking water to hundreds of thousands of families, and heat to tens of thousands of households. With its more than 20-year professional experience Veolia is a determining participant of the Hungarian energy market. The energy branch of the company group provides energy to various institutions of 50 local municipalities, 85 state-owned and public buildings, 30 health institutions and 31 industrial plants, while its district heating networks supply 67,000 residential and institutional customers nationwide. In the three power plants of the company operate high-efficiency natural gas blocks and blocks utilizing renewable energy (biomass).
  • Meet us at the Utility Week in BarcelonaThe European Utility Week aims to be a serious information platform connecting the smart utility community, focusing on regional and global developments in Grid Optimisation, Renewables, Energy Storage, Smart Metering, Smart Cities, Smart Homes, Energy Services & Efficiency, Intelligent Buildings, Data Management, Analytics and IoT, Cyber Security, Smart Gas and Smart Water.  The event serves as an annual meeting point for the community and will be attended by 12.000 international visitors, 450 speakers and 600 exhibitors. 
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  • AVReporter Windows Phone & IPhone Mobile Client (Remote Meter Reading)With the support of this application the measurement data (identifying meters manually or by QR code) can be entered and sent via email (attachment in CSV file format) easily into the AVReporter server application.  
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