Building intelligence makes utility tracking and sustainability reporting easy, and is becoming a necessity in the constantly evolving built environment.
What Is Building Intelligence?
Building intelligence refers to strategies and practices that enable a building owner to access accurate data associated with the building as well as by staff, energy consultants or even tenants. Intelligent buildings rely on the accurate monitoring of electricity, water, Heating, ventilation, and air conditioning (HVAC) and any other factors that impact the building’s overall performance and a way to view them.
One vital piece of managing a property is the crucial role played by the monitoring of electricity, water, HVAC and other utility consumption in the strategic management of commercial, institutional or mixed-use properties. The meter data generated through submetering utilities empowers stakeholders to easily view utility usage more efficiently, ultimately leading to conservation and substantial cost savings. However, this data can not be utilized to its full potential without the support of a utility data management systems like MeterConnex. MeterConnex is capable of automating measuring, monitoring and reporting processes, transforming raw data into actionable insights.
What Are The Benefits of Buildings Intelligence?
MeterConnex Alerts and Leak Detection
Meter data reporting platforms like MeterConnex allow you to monitor your building at a holistic level. MeterConnex provides instant notifications that empower property managers and operators to make informed decisions. These alerts are instrumental in mitigating risks, allowing building management to proactively maintain the building.
Building managers and owners can set utility usage minimum and maximum thresholds that instantly send a notification once a specific threshold has been hit. This allows stakeholders to take control of their utility usage to further elevate the overall efficiency of building operations. This alert system, when paired with best-in-class submeters, is vital for all utilities but especially when it comes to managing water usage in a building. MeterConnex allows for algorithmic leak detection, as the software will track abnormal water use. For instance, if there is a consistent low flow of water from a tenant that shouldn’t be using water at that time, the tenant or building manager will be notified. Conversely, the system will identify abnormally high usage, and also send out an alert to relevant parties. These alerts will allow you to respond quickly, reducing property damage and utility costs.
Sustainability Reporting Made Easy
Transparent communication of sustainability efforts is vital in today’s conscientious environment. Robust sustainability reporting tools play a pivotal role in articulating a property’s commitment to environmental responsibility. From energy usage metrics to waste reduction initiatives, these reports become a testament to a building’s contribution to broader sustainability objectives. MeterConnex is capable of monitoring energy use intensity in a building or a set of buildings, allowing property and facility managers to compare the performance of buildings within their portfolio. This allows for simple environmental, social and governance (ESG) reporting. QMC assists property owners and consultants implement metering systems that comply with all green standards, including Leadership in Energy and Environmental Design (LEED), The American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE), Zero Carbon and more.
Advanced Utility Tracking For Energy Managers
Fundamental to the optimization journey is a complete energy management strategy. QMC’s cloud based web reporting platform allows users remote access to data from almost any meter type and manufacturer, any time, anywhere. The metering and submetering data becomes the benchmark for informed decision-making, unlocking pathways to enhanced energy efficiency and substantial reductions in operational costs.
Improving your return on investment (ROI) on your property is a clear sign of successful building management. The ability to recover costs efficiently is reliant on intelligent submetering and data analytics. By monitoring consumption patterns and identifying areas of excessive usage, property owners can implement targeted measures for cost recovery, ensuring financial sustainability alongside operational efficiency. These steps to successfully limiting costs can also extend to tenants. Once tenants see their excessive utility usage in real time they are more likely to make an attempt to reduce their usage, especially if they are being charged for their individual usage.
Instantly Identify Anomalies In Your Building:
Efficiency begins with the ability to identify and address potential issues before they escalate. Fault detection mechanisms integrated into buildings ensure that anomalies in equipment performance or energy consumption are detected early. This proactive approach minimizes downtime, enhances operational resilience and safeguards against costly damages.
How To Start Your Building Intelligence Journey
Submetering is the best way to implement effective leak detection, sustainable reporting and advanced utility tracking allowing stakeholders to stay responsive, adaptable and optimized for success. Some tips on how to start:
- Assess Your Current State: Understanding the “why” behind improving building intelligence is vital to the process. Utilizing a temporary metering service can be a great starting point for understanding where you need to improve the most.
- Set Clear Objectives: After you’ve assessed your situation setting goals and objectives is your next step. Setting attainable SMART goals, makes staying on track easy.
- Invest in Property: Now it’s time to get to work. With your needs assessed and objectives in place you can start taking action. The first step every building owner or property manager should take towards total building intelligence is installing a submetering system.
- Foster a Culture of Innovation: With your submetering system installed, educating your tenants by providing access to their utility usage data and literature that promotes conserving on utility usage. QMC’s blogs are a great start when trying to educate your tenants on how to reduce their usage.
Building intelligence requires commitment and strategic planning with the benefit of future-proofing your property and contributing to a more sustainable and efficient built environment for generations to come. The future of intelligent buildings begins with the first step – contact us to learn more, or check out some of our blogs below.
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