February 5, 2018

Smart Buildings have potential to reduce utility bills by up to 18%

According to a recent report by the American Council for an Energy Efficient Economy, smart technology can reduce a commercial buildings energy use by nearly a fifth.

The report focused on 4 work environments: the office, retail, hospitals, and the hotel industry.

Office environments have the most potential savings – around 18% of total energy consumption on average, with retail stores and hospitals close behind with average savings of 14%. Hotels that embrace technologies such as guest management systems and automated check-ins were found to have made 8% average savings.

The report looked at a variety of factors which can influence energy use, as well as a variety of smart technologies. Systems from simple occupancy and motion sensors, right up to complex, multi-tiered building management systems.

The report highlighted the differing levels of adoption across the studied industries, for example around 75% of hospitals use some kind of smart technology, while only 40% of hotels contain them.

Further analysis showed that smart buildings can yield increased worker productivity, increasing the ROI of a smart building system.

Axiomatic offer a range of smart, people counting technologies which enhance an organisation’s ability to understand their space use. This data allows organisations to fully maximise savings made through the implementation of further building management systems.