Energy Benchmarking

What is Energy Benchmarking ?

Energy benchmarking is the process of measuring, analyzing, and comparing your energy consumption against industry standards and best practices. It’s a pivotal step toward reducing your environmental footprint, cutting operational costs, and ensuring regulatory compliance.

At Energy Fave, we’re committed to helping businesses, institutions, and organizations of all sizes harness the power of data-driven energy management.

what is the process of energy benchmarking?

  1. Data Collection:

    • Gather detailed data on energy consumption and usage patterns for the building or facility. This typically includes electricity, natural gas, water, and any other relevant energy sources.
  2. Data Normalization:

    • Normalize the energy data to account for variations in factors that can impact energy consumption, such as weather conditions, occupancy levels, production output, or business hours.
  3. Benchmarking Tools and Resources:

    • Utilize benchmarking tools, software, or industry databases to compare your building’s energy performance with similar buildings. These tools often provide relevant benchmarks for your region, building type, and size. Energy Star Portfolio Manager is an industry standard and a to-go software for energy benchmarking.
  4. Define Key Performance Indicators (KPIs):

    • Identify and select key energy performance indicators (KPIs) that are relevant to your building type and goals. Common KPIs include Energy Use Intensity (EUI), Energy Cost Index (ECI), and greenhouse gas emissions.
  5. Data Analysis:

    • Analyze the benchmarking results to identify areas where your building’s energy performance deviates from the benchmarks or industry standards. This analysis can highlight potential opportunities for improvement.
  6. Set Energy Reduction Goals:

    • Establish clear and measurable energy reduction goals that align with your organization’s objectives. Ensure that these goals are realistic and achievable.
  7. Monitoring and Tracking:

    • Continuously monitor energy consumption and performance after implementing energy-saving measures. Use energy management systems or software to track progress toward your energy reduction goals.
  8. Data Verification:

    • Periodically verify and validate the accuracy of energy data and the effectiveness of implemented measures. This step ensures that the desired energy savings are being achieved.
  9. Reporting and Communication:

    • Prepare reports summarizing benchmarking results, progress toward goals, and the impact of energy efficiency measures. Communicate these findings to stakeholders, including building occupants, management, and, if required, regulatory authorities.
  10. Continuous Improvement:

    • Energy benchmarking is an iterative process. Regularly revisit the benchmarking analysis, adjust goals as needed, and seek additional opportunities for energy savings. Consider emerging technologies and best practices to further optimize energy performance.
  11. Compliance and Certification (if applicable):

    • Ensure compliance with local, regional, or national energy efficiency regulations and certifications, such as ENERGY STAR, LEED, or other relevant programs.

City Ordinances and Compliance

Cities across the country are taking bold steps to reduce their carbon footprint and promote energy efficiency. Many have enacted energy benchmarking ordinances that require building owners and operators to report their energy usage and performance data regularly. Compliance with these ordinances is not just a regulatory obligation; it’s an opportunity to drive positive change and unlock valuable insights into your building’s energy consumption.

How to comply with energy benchmarking requirements?

Energy Fave offers comprehensive sustainability reporting services tailored to meet the requirements of states and municipalities with active energy disclosure ordinances. Our commitment is to simplify municipal compliance reporting, ensure accuracy, and guarantee on-time submissions.

If you are interested to learn more how Energy Fave can help with Energy Benchmarking for your building or if you have more questions about the whole verification process, feel free to email us: Info@energyfave.com