Energy Benchmarking: An Opportunity to Save Energy and Costs

📅 4 months ago 🏷️ Modern Niagara Group Inc.

Part 1 – News Summary Modern Niagara has outlined a systematic approach to energy benchmarking, a technique that assesses a building’s energy performance by comparing current measurements with historical data and similar properties. Amid significant shifts in how facilities are used—prompted by the COVID-19 pandemic and evolving occupancy patterns—this method has gained traction as building operators seek to reconcile reduced usage with persistent energy costs. The process starts with gathering a minimum of one year’s worth of utility and water bills and is followed by detailed data analysis. Information is subsequently entered into Natural Resources Canada’s ENERGY STAR Portfolio Manager, which produces a report on Energy Usage Intensity and enables comparisons on a nationwide scale. According to NRCan, “you can’t manage what you can’t measure.” The approach is designed not only to pinpoint inefficiencies but also to support decision-making that can help lower operating expenses and reduce carbon footprints. Part 2 – Industry Context In Canada’s construction and infrastructure sector, energy benchmarking is increasingly seen as a key tool for managing operating costs and enhancing building performance. As the industry adapts to changing occupancy trends and stricter environmental standards, the practice helps facility managers identify inefficiencies and adjust strategies in real time. With energy costs remaining a significant operational challenge, benchmarking offers a data-driven basis for optimizing performance, supporting both sustainability goals and economic resilience in an evolving market landscape.

Related Posts