The UK’s energy crisis has been front-page news over the last year as rapidly rising gas and electricity prices present severe issues for businesses.
A reported 69% of firms expect their power bills to rise further in the next quarter.
This increase could significantly impact many businesses’ post-pandemic recovery and future growth. Based on 2022 gas and electricity prices, Businessenergy.com estimates that the average medium-sized business spends around £4,114 a year on energy, while the average bill for a large business comes in at £14,495.
At goldeni, we believe that the answer to managing high energy bills lies in IoT technology and data analytics. By providing office users, building management teams and property owners with detailed operational insights, our cutting-edge platform can highlight energy-saving opportunities and aid the reduction of energy bills in commercial settings.
How goldeni can help
Our IoT system uses various discreet sensors and metering technology to gather information about the building, which is then transmitted to the goldeni insights platform. This data enables building management teams to build a complete picture of the building’s operational efficiency and identifies areas that are not currently functioning at their optimum.
For example, the goldeni platform can provide building managers with details of how an office’s lighting, heating and ventilation systems are currently being used. By layering multiple data sets, goldeni can highlight instances when lights are left on in unoccupied areas of the building or overnight when the business is closed. By showcasing energy wastage of this kind, goldeni empowers building management teams to make operational changes and reduce energy use and cost.
In addition to pinpointing areas of energy wastage, goldeni can help commercial building management teams reduce their buildings’ consumption by improving the efficiency of critical assets. Faulty or poorly maintained heating, ventilation, and air conditioning (HVAC) systems may demand more energy to perform their function, which results in increased energy use and higher power bills. However, by assessing the metering data, goldeni alerts users to any inefficiencies meaning that action can be taken to fix the energy-intensive asset and reduce future energy waste.
goldeni can also help drive down energy costs in commercial settings by highlighting situations in which the set-up of the assets and BMS results in unnecessary consumption.
For example, a split air conditioning system with in-room temperature controls may result in numerous staff members altering the thermostat throughout the day. If thermostat settings are changed frequently, the HVAC system has to work harder to achieve the required temperature, resulting in increased energy use. Instead, by limiting the in-room thermostats to operate within a restricted temperature range, it can help improve the business’s energy efficiency and reduce carbon emissions and cost.
The visibility that goldeni offers building owners and managers allow businesses to make strategic changes that will have a tangible impact on their energy use and monthly energy bills.
goldeni enables building management teams to make the most informed decisions about the energy-saving measures they implement, ensuring businesses see an immediate return on their investment as they take control of their energy use and costs.
For further information about how goldeni can help you prepare for the Regulation changes, please contact the team at info@goldeni.com
