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Energy Management in Commercial Facilities
Energy management and monitoring in commercial facilities typically focus on three main objectives:
- Revenue metering and submetering for tenants in office buildings, shopping centers, condominiums, and other multi-tenant properties
- Improving energy efficiency by optimizing facility consumption and reducing operating costs
- Identifying maintenance issues, such as underperforming chillers or failing motors
Shopping centers and multi-tenant billing
Shopping centers and other multi-tenant commercial properties present unique energy management challenges. Effective billing requires more than measuring energy consumption alone. It must also account for factors that affect the overall electricity bill, including demand and power factor.
Accurate monitoring and billing help property managers recover energy costs fairly, reduce revenue losses, and allocate charges transparently across tenants.
