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Commercial Real Estate

Reduce operating costs, without sacrificing occupant comfort

Energy spending represents one-third of typical operating budgets in a commercial building. As electricity prices increase in the next 1-2 years (6%  or more predicted by Deloitte), energy expenditures will become more significant.  Asset values are also impacted by energy savings (A 10% savings can increase value by $500,000 for a 200,000 square foot building.) Furthemore, green buildings demonstrate increased rental rates, occupancy premiums and higher occupant productivity (CoStar group study). Key to achieving the benefits from energy reduction is the visibility into your energy cost drivers.

Identify the opportunity to reduce energy spending with real-time monitoring

Noveda's energy management solutions provide a 360° view of consumption patterns. Leveraging our real-time monitoring data, customers can uncover the source of energy waste and gauge the impact of actions taken to eliminate waste. Waste or inefficiency in energy use can be as much as 30%, according to the EPA.

Real-time monitoring can also be used to optimize water use and prevent water leakage. Water damage is the number one source of property claims for owners of high-rise residences, hotels, office buildings, retail establishments and other commercial structures, according to Zurich North America.

Use real-time data to achieve operational savings for one building or a portfolio of buildings

  • With EnergyFlow, customers monitor multiple energy sources (electric, gas, steam, oil, heating, cooling) from one dashboard, adjust settings to  reflect occupancy and weather patterns, avoid demand peaks, and catch billing errors
  • EnergyFlow CXL (Capex Lens) is used to identify energy waste on a load-by-load, or alternatively, on a tenant-by-tenant basis. Customers use the sub-metering with CXL for tenant sub-billing, to track return on capex, and for measurement & verification (M&V) credits for LEED certification.
  • PortfolioTracker enables customers to monitor energy consumption across multiple sites from a single dashboard. The information is normalized for variables such as square footage to enable prioritizing of energy efficiency investments, aggregation of  energy consumption across properties to negotiate better pricing.
  • Make Me Sustainable platform is used to engage tenants of the building in carbon footprint reduction

Learn more

Whether you have one building or a portfolio of buildings, expect  to realize energy savings with the Noveda A+ solution immediately; a software as a service (SaaS) solution that works right  out of the box, with no software to maintain or upgrade, and data that is accessible from anywhere.

Contact us and start saving right away.