Home IoT Why Tenants Love Building Energy Monitoring Systems

Why Tenants Love Building Energy Monitoring Systems

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When we talking about building energy monitoring systems, we often come from the building owner or manager’s point of view. This is to be expected, After all, owners and managers benefit greatly from this technology. The ability to better to control a building’s energy resources is huge, and that’s why IoT technology has been so good in the smart building space. However, the other beneficiaries of building energy management systems are the tenants.

Whether it’s a retail complex, an office building, a shared-use building or even an accommodation property, tenants are starting to see the clear benefits of smart building software. So, when tenants are happy, building managers should be happy too. There’s less turnover of tenants, and they can even adjust rent prices and entice better tenants.

However, enough about building managers for now. Here’s why the tenants themselves love building energy monitoring systems.

Less energy consumption means lower costs

Using smart energy monitoring systems, both energy retailers and building managers are able to distribute energy more efficiently. For example, in an office building, energy is supplied where and when it is really needed, with less waste. A move towards better energy consumption results in less usage, and therefore less costs.

These building energy monitoring systems also use IoT technology to control energy use on a narrower scale. For example, a commercial tenant may not use all of their rooms all day. Smart building software triggers lights by movement, so the tenant uses less energy.

Multiple utility costs in one bill

Another great thing about building energy monitoring systems is the extra clarity provided to tenants. Without good technology, it’s difficult for building managers to accurately break up the costs for their tenants. It’s why some building owners simply charge extra for rent, and absorb the whole cost of energy for the entire premises.

This isn’t smart business, and it doesn’t encourage any of your tenants to limit unnecessary energy usage. However, with smart software, managers and retailers can provide details of multiple services in one bill. It’s easy for tenants to understand, and they don’t have to analyse several utility bills. For clearer, more transparent billing, building energy monitoring systems are essential.

A chance to actively reduce CO2 emissions

Most smart building software aims to make life easier. The whole idea is to make buildings smarter, deliver better data to decision makers, and reduce energy consumption. So, that’s why the best systems come with a user-friendly app for tenants.

With real-time monitoring, they can get an instant snapshot of their energy usage at any given time. It’s the perfect way to encourage tenants to be more proactive about energy consumption. Because for many tenants today, it’s not all about the bottom line. Sure, they love the fact they can save money by reducing energy costs. But there’s the added bonus that they make a positive contribution to reducing emissions.

Businesses are more environmentally conscious than ever now, and they love being able to see that what they’re doing makes a difference.

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