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By Joel Nelson on May 15, 2025 in Energy
Efficiency is a key element of property management operations. It includes energy consumption, which accounts for up to 30% of a building’s controllable spend. Properties that strike the balance between occupant comfort and the lowest possible consumption see the benefits in higher market values, lower operating expenses and increased net operating income. Operators of office buildings, housing units and other properties have documented dramatic utility expense savings with intelligent HVAC systems that use energy-efficient technology.
This realization has driven property owners and managers to seek new technologies that leverage automation to document consumption, provide alerts about leaks and analyze trends from utility consumption bill data. Such technologies help property managers who seek to understand their utility trends as a step toward reducing energy costs, ensuring compliance with regulatory and stakeholder expectations and enhancing occupant satisfaction.
Types of energy-efficient technology
Automating utility bill validation, for example, eliminates the labor time and errors that come from manual processing. The energy software that collects this data also contributes to ENERGY STAR® benchmarking needed to satisfy internal and external energy tracking requirements.
Other types of energy software automate HVAC controls to ensure occupant comfort, maximum energy efficiency and full compliance with local and state reporting regulations.
“If energy savings and other green features can be used to document that the asset is higher quality, cheaper to operate, leads to greater occupant comfort and significant tenant signings, then the value of green features evidenced by utility savings is an order of magnitude more valuable than savings on their own.” This is according to a research report issued by the Institute for Market Transformation, an energy efficiency nonprofit, and the Appraisal Institute, a global association of real estate appraisers.
Principal Asset Management is a real estate asset investor whose portfolio formed the basis of a pilot study by the U.S. Department of Energy to measure the financial benefits of sustainable investing. The investor reports that green properties in the study measured significantly stronger in several key metrics than non-green properties, including market price, NOI, rent, occupancy and operating expenses.
Want all these capabilities and more? Take a look at the Yardi Energy Suite, which encompasses a suite of energy management solutions to simplify the collection and transfer of data to ENERGY STAR® Portfolio Manager®, widely used for compliance reporting. The suite also paves the way for ENERGY STAR and GRESB certifications that can significantly increase properties’ attractiveness to investors, occupants and prospective buyers.
In a business environment characterized by uncertainty and increased demands for sustainability, the Yardi Energy Suite can satisfy regulatory requirements as well as investors and occupants for whom energy efficiency is a priority.
Learn how the Yardi Energy Suite can optimize your property’s performance.
