Company: FirstFuel Software
Source: Business Wire
LEXINGTON, Mass.–(BUSINESS WIRE)–FirstFuel Software, the market-leading building energy analytics company, today announced that half of all energy efficiency savings in commercial buildings are achievable through operational improvements, at little or no cost to building owners and operators. This finding is drawn from an analysis of a representative sampling of buildings from FirstFuel’s utility and government customers, which is available for download through the accompanying FirstFuel Operational Savings Infographic.
“While building retrofits remain the primary focus within commercial energy efficiency, our deep analysis of interval data reveals that a vast savings opportunity still remains largely untouched,” said Swapnil Shah, co-founder and CEO of FirstFuel. “These findings show that the commercial building sector has a chance to essentially double the potential for energy savings, while simultaneously slashing efficiency implementation costs by a significant margin.”
Achieving Energy Efficiency Through Operational Changes
Using its Remote Building Analytics (RBA) platform, FirstFuel performed complete, zero-touch audits of the commercial building sample, using only utility meter data. The sample accounted for more than 60 million square feet, and represented a balance cross-section of the medium and large U.S. commercial market in terms of building size, building type, and geography. According to the U.S. Department of Energy, commercial buildings consumed 19 percent of all energy in the U.S. in 2011.1
The FirstFuel analysis revealed that 51 percent of all energy efficiency opportunities from the sample – representing over $12 million in savings– could be achieved through low and no-cost operational improvements. When extrapolated to the entire U.S. commercial building market, the total savings potential for operational improvements represents a $17 billion opportunity.