An effective retrofit of facilities equipment can net savings of up to 40 percent and dramatically improve brand recognition.
Intelligent, connected buildings use 20- to 40-percent less energy than non-connected buildings, and connected buildings have an average valuation of 7.5-percent higher than buildings using legacy systems, reports Dan Probst of Facility Executive. As a result, the opportunity for savings are clearly defined throughout retrofitting of facilities equipment. The energy management technology retrofitting process is not always simple, and facilities management personnel new to the smart building game can quickly become overwhelmed. However, they can simplify the process by following these five steps.
1. Conduct an Energy Audit Among Facilities Equipment
An energy audit is the precursor step in retrofitting facilities equipment, and it allows facilities managers and stakeholders to review the portfolio for areas consuming the most energy and draining resources. As explained by Enterprise Green Communities, facilities managers should benchmark portfolio operating expenses against both in-house historic costs and national average costs. This helps the company prioritize the remainder of the retrofit, acting to save the most money. In fact, the U.S. Department of Energy offers a free benchmarking tool, PortfolioManager®, to help businesses and consumers struggling to begin the process of retrofitting their facilities and homes.
2. Create a Sustainability Plan for Retrofitting Assets
Include pre-established goals, a timeline and budget for implementing your retrofit. Furthermore, ensure all plans focus on capital expenditure, operating expenditure, resiliency, flexibility, integration capabilities, ease of use and interoperability. This will help prevent any part of the plan from becoming a monster in future facilities management implementations or upgrades, asserts FacilitiesNet. Furthermore, it may be necessary to hire a technician to help create the sustainability plan and begin the installation process.
3. Connect Retrofitted Equipment to Your Energy Management System (EMS) or Analytics Platform
After sensor installation, it is important to connect the devices to your energy management system (EMS) and analytics platform. This is a means of testing the system and ensuring it functions correctly. If you opt to outsource the retrofitting of facilities equipment process, the outside entity will follow through to ensure the system functions as prescribed.
4. Take Advantage of the Immediate Insights From Connected Systems
A working network of smart sensors will start to gather data, and your analytics platform will uncover broad ways to reach an attractive return on investment (ROI). However, some of these measures may have extend the ROI, so it is prudent to act on the data that will help “pay for” the system first. In other words, pick the low-hanging fruit first, explains FacilitiesNet. Taking this approach can help facilities managers see a return on investment (ROI) in as little as 12 to 18 months, asserts Allan B. Colombo of Facility Executive. Of course, the size and scope of the retrofit also heavily impacts ROI, so taking advantage of the easy savings first is key to achieving short-term ROI.
Boost Your Organization’s Energy Management Goals Through Comprehensive Retrofitting of Equipment
An effective retrofit of facilities equipment should include all systems, ranging from lighting systems to consumer management. By bringing all systems under one system to rule them all, otherwise known as a single pane of glass in facilities management, your organization can conduct a comprehensive retrofit to ensure facilities management decisions are data-based and align with your company’s strategic and tactical facilities management goals. Get started with your initial energy assessment by contacting ENTOUCH online today.