Energy consumption can represent a substantial portion of a commercial property’s operating expenditures budget. Understanding your property’s energy usage can help reduce energy consumption and operating expenses, as well as help your organization to achieve its sustainability goals. Access to energy and cost data offers insight into usage over time, the ability to compare operating costs for several properties and allows you to track savings related to conservation efforts.
If you’re managing multiple properties, energy and cost data can help you identify properties with excessive consumption or costs, such as high energy intensity or increases in utility consumption over time. With this kind of insight, your organization can strategically allocate efforts and monies targeting energy efficiency.
Weather directly impacts energy consumption and costs; understanding the correlation can help you reduce your future electricity costs. During the summer months, WGL Energy Services (WGL Energy) issues electricity use reduction recommendations to commercial and government customers in an attempt to alert customers of potential peak load periods. High temperatures can impact the cost of your Capacity Peak Load Contribution (PLC). Your PLC can influence 10-30% of your electricity bill, so by lowering your PLC this summer, you can reduce your PLC and overall electricity costs next summer.
Energy data and analytics are key to effective energy management. WGL Energy wants to help our customers and channel partners successfully manage energy use and consumption, so we offer the online Energy Management Platform (EMP) at no cost to WGL Energy government, commercial and industrial customers.
The EMP includes the following features:
- A central dashboard with cost and usage performance views by site and account
- Monthly commodity usage and spend over time
- Carbon calculator for electricity and natural gas usage
- Energy efficiency recommendations customized to your properties
- Benchmarking and reporting
- Automated data exchange with ENERGY STAR Portfolio Manager®
- Actual vs. budgeted cost monitoring
- Automated download of full bill utility cost data
- Weather impact data
Managing energy consumption is important to the success of any business. A March 2017 Deloitte study on energy management found that over 80 percent of businesses viewed the reduction of electricity consumption as an essential means to remaining competitive. The same study also revealed that, as more businesses implement energy management programs, the motivations for implementing these programs are extending beyond cost savings to the need to reduce risk, improve resilience and increase energy portfolio diversification.
Access the EMP today to implement your energy management program or contact us at EMP@WGLEnergy.com for assistance with your EMP login.
References: Guild, J. (2017, May 09). How Energy Data Analytics Help Facility Managers Maximize Efficiency. Retrieved July 26, 2017, from https://www.smartresilient.com/how-energy-data-analytics-help-facility-managers-maximize-efficiency
Deloitte Center for Energy Solutions. Deloitte Resources 2017 Study Energy management: Sustainability and progress. (2017). Retrieved July 26, 2017, from https://www2.deloitte.com/us/en/pages/energy-and-resources/articles/residential-and-business-energy-study.html