Energy benchmarking is the comparison of a building’s energy consumption against similar buildings while accounting for a variety of factors such as weather, fuel type, building construction, occupancy, etc. This is the first step in determining energy conservation potential.
Also known as a Level 0 Energy Audit, Energy Benchmarking, is the comparison of a building’s energy performance or energy consumption against similar building types while accounting for a variety of factors such as weather, fuel type, building construction, occupancy, etc. This is often the first step in determining the potential to undergo a full investigation by performing an energy audit.
Energy benchmarking provides the owner with a priority list of which buildings are performing well and which are under-performing. The ability to highlight the assets within a real estate portfolio that are poor performers will aid in the proper allocation of a client’s time and money.
Developed by the Department of Energy (DOE) through Energy Star, a software tool known as Portfolio Manager is available to benchmark a variety of building types. Using Portfolio Manager to energy benchmark investment priorities, track energy savings, highlight poor energy performance in buildings are steps toward an Energy Star rating for your building.
An energy benchmarking score of 75 or greater will earn the building an US Department of Energy ENERGY STAR® Label.