Continuous Improvement: The Key to Successful Energy Management in Real Estate
If you are responsible for managing a large portfolio of buildings – or a single building with different needs across floors and users – Energy Efficiency is definitely a term you’ve heard before. But do you already have an energy efficiency strategy implemented for your buildings? Are your buildings efficient right now?
Discover the secrets to getting the most out of your Energy Management strategy in Real Estate. Keep on reading to know more.
Let us remind you that the journey towards energy efficiency isn’t a sprint.
Before you start implementing actions, you first need to take a wider look into your current situation:
- How much energy do you consume?
- How does that compare to other facilities?
- What part of that energy usage is essential and what isn’t?
This is also valid if you implemented efficiency measures in the past, but you’re no longer seeing good results. Why have things changed? How can you solve it?
If you want to be efficient, you need to consider energy as part of your wide business strategy and take a long term approach. Of course, you’ll have short term goals to monitor progress and cost reductions, but the best approach for Energy Management is based on Continuous Improvement.
Continuous Improvement in Energy Management for Real Estate, What Does It Really Mean?
The idea behind continuous improvement is that small changes over time have a bigger impact than a one-off radical change. It is a process to identify errors and successes progressively as part of the day to day job, documenting them throughout and implementing “small” changes and solutions.
In order to identify such “small” and regular solutions in energy management, you can implement measures such as real time monitoring or periodic reporting.
Before you continue reading, you need to consider if you have the capacity in-house to carry on an energy management plan in your building portfolio. Or if you need to hire an external professional instead.
In case you have your own energy management team, we recommend you this free guide for Real State & Facility Management companies. You will find out how to analyse energy consumption in multi location, how to detect potential savings, and different energy management tools, among other tips.
If you need external expert advice, we have a long list of Partners who are willing to lend you a hand in the process of implementation of your Energy Efficiency Strategy.
Read our full article to find 3 key actions you can carry on as part of the “Continuous Improvement” approach to Energy Management in Real Estate and their benefits :
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