![]() With extensive experience and a background in all aspects of energy management at the property and portfolio levels, EPL is well-positioned to help you make the best decisions for your enterprise. We are not affiliated with any energy suppliers we operate independently, either as an Agent or on a purely consultative basis to assist our clients in making prudent hedging decisions. We also support energy purchasing initiatives, having advised clients on energy contracts representing more than $200M. The data we manage and our experience in portfolio management and building operations gives us unique insight that helps us guide carbon reduction strategies both at the site and portfolio levels. Our system also provides real-time Submeter Data Analytics, including breakdowns by tenant, physical location, and end-use to inform building operations.ĮPL's broad understanding of energy, water, waste, and GHG (carbon) emissions specific to commercial real estate positions us as a full-service provider who can help you make the best decisions for your enterprise. We maintain the cost allocation methodology as it evolves with the property over time, prepare tenant billing statements as backups for landlords to further reinforce the impartiality of the tenant utility charges, and simplify budgeting and year-end reconciliation for property accounting teams. We are metering technology agnostic as metering and data experts, we can establish automated data flow from virtually any system. As a third-party, expert independent energy accounting firm, we provide the necessary credibility to satisfy both you and your tenants. Under all circumstances, the landlord must ensure that cost allocation is rational, defensible, and technically sound.ĮPL has vast experience in establishing and automating cost allocation methods using our in-house software systems to help owners, managers, and accounting teams fairly and rationally recover costs from tenants. Utility cost allocation and cost recovery, be it between tenants, within a facility, between air space parcels, or between properties, can be a complex and sensitive issue. This means having control over your data. The first step in achieving optimal building operation lies in understanding where and how energy is being used in a building. When the users of a building are motivated and equipped with real-time analytics, in addition to a team of experienced Energy Analysts who know your building to assist in quantifying and reducing energy consumption, dramatic results can be achieved. In our experience, the range of energy performance for similarly-sized buildings, in a given asset class and in a given region, varies by a factor of about two to three times. Decisions about changing heating fuel sources - once-in-twenty-year opportunities - will be important to plan for in the context of local current and planned electrical grid intensity and opportunities for on-site renewable generation.īuilding energy performance can then be addressed within that context. ![]() With that established and/or planned for, the focus can return to h ow much energy is consumed.Ĭarbon is a long-term issue that will increasingly lie at the forefront of asset management planning. The first factor is which energy is consumed at a property. This presents a massive opportunity to reduce our emissions. Leverage Smart Building Analytics to capitalize on available data streams and inform performance optimization and tenant comfort.īuildings are responsible for about 40% of GHG emissions in North America. We tailor our systems to drive performance and continuous improvement within the framework of your organization’s operations. Their roles and needs vary, but all rely on quality data and flexible, insightful, and intuitive functionality. In addition, we incorporate feedback on an ongoing basis from our large and diversified user base, which include Fund Managers, Asset Managers, Property Managers, Sustainability teams, Finance/Accounting teams, and Building Operations teams. We continually strive to make them more intuitive, relevant and functional through a commitment to ongoing research and development. Our key clients include some of the largest public and private real estate firms in Canada - including many GRESB leaders - in addition to select retail and manufacturing clients. Our secure online Energy Accounting and Reporting services serve property portfolios that span North America. It is a key component of any action plan for energy/water conservation and carbon emissions reductions, and is an essential requirement for proper budgeting, allocation, and management of utility costs. A robust utilities accounting system represents the cornerstone of energy procurement, energy management, carbon reduction targeting, and ESG reporting.
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