Energy Efficiency Day

By on Oct 2, 2019 in Energy, News

If encouragement to “save money; cut carbon; breathe easier” seems more prominent than usual where you live and work, it’s because today is Energy Efficiency Day, and that’s the key message the event’s organizers are promoting.

A nationwide alliance of energy efficiency advocacy groups sponsors Energy Efficiency Day to share “tips, tools and stories that promote the multiple benefits of energy efficiency, from lower costs to healthier homes,” as stated in the event’s website. About 450 local governments, universities, organizations, corporations and utilities are hosting an array of activities including expos, energy-saving device installations, free energy assessments and symposia with thought leaders.

Organizers of Energy Efficiency Day, an annual occurrence since 2016, encourage people to stage their own events, such as a “treasure hunt” check of home appliance, lighting and insulation efficiency, and to share their experiences from the day (#EEDay2019).

Technologies that lower energy bills and make properties more comfortable are part of Energy Efficiency Day’s focus—and have long been a staple of Yardi’s business. The Yardi Pulse Suite, an integrated set of software solutions, supports sustainability efforts by maximizing efficiency across all property types.

“October 2 is Energy Efficiency Day. But efficiency is year-round,” says the event’s website, which pretty well summarizes Yardi’s approach as well. Every month last year, for example, the company benchmarked more than 1,700 buildings across 47 client portfolios in 27 compliance jurisdictions in ENERGY STAR® Portfolio Manager®. A grant to the BOMA Water and Waste Challenge helped property owners and managers improve their water and waste management practices. Ongoing leadership, innovation and commitment to environmental protection earned Yardi designation as an ENERGY STAR Partner of the Year.

The company joined GRESB’s Global Partner program this year as a sustainability consultant and solution provider. Yardi promotes energy management best practices at events such as Realcomm/IBcon, NAA Apartmentalize, BOMA International Conference & Expo and PM Expo, and in executive briefings, webinars and Yardi Advanced Solutions Conferences. Frequent articles in industry publications and Yardi’s corporate blog further promote the company’s thought leadership.

Yardi recently provided a grant to the Energy Institute at the University of Austin, Texas, for research into reducing greenhouse gas emissions from the built real estate environment.

Energy Efficiency Day cites experts’ projections that efficiency could provide one-third of total expected electricity generation needs by 2030. Yardi stands ready to help property and real estate asset managers achieve this and other sustainability milestones.

“Beyond lowering costs, an effective energy strategy can also help you ensure compliance with regulatory benchmarking requirements and improve ENERGY STAR scores which impact operating income, tenant satisfaction and the marketability of an asset. Having energy as part of a solid environmental, social and governance (ESG) approach can improve your investment value, and investors often consider ESG performance in investment decisions,” says Akshai Rao, vice president of procure to pay and energy for Yardi.

Learn more about Energy Efficiency Day activities and resources.