Meter Monitoring: a Hidden Gem

Report
Why Monitor Utility Meters ?
• Building Automation is effective for optimizing the
various pieces of building equipment, however
utility meter monitoring shows you where the
money is going. It provides performance
benchmarks
• If you own or operate an apartment building you
are spending a lot of $ on utilities……
• Hourly monitoring of meters identifies problems
before they become expensive headaches.
• Verify savings from retrofit & new technologies
before implementing on a larger scale.
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2. Track Gas Consumption Performance by Building
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Erratic Boiler Control Function Costs Money
Malfunctioning
Boiler
Controls:
Cost
$32,000/Yr
247 Suite
Apartment
Building
3
Water Tune Up
How to succeed with Utility Meter Monitoring
• A common pitfall inherent in Utility meter monitoring is
the failure of the building operator failing to thoroughly
review data on a timely basis.
• Poor data reviewing procedure= poor savings results
• With no discernable impact on the bottom line there is no
justification for the ongoing cost of the monitoring and
the abandonment of the monitoring system soon follows.
• Review data thoroughly and regularly!
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Summary
• Utility cost reduction=Value added to the real estate
asset.
• Better utility management means increased tenant
satisfaction
• Verify savings from retrofit and or new technology ~A
particular strategy, technology or retrofit item can be
evaluated before using on a larger scale.
• Identify wasteful malfunctions quickly before they grow
into costly headaches.
• Carbon Cap and Trade is coming~ an accurate data
base will be essential to participate.
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