Building owners get smart about energy savings using BuildingIQ and AE Smith
AE Smith have become a key Australian strategic partner of BuildingIQ, the unique “pay as you go” energy management solution that predicts and optimises energy use in commercial buildings, resulting in significant energy savings for building owners and their tenants
When BuildingIQ is installed, we see immediate reductions in energy use, with buildings recording between 10-25% HVAC energy savings annually. With no upfront investment, and only weeks to install, there is virtually no risk for building owners to implement the software
AE Smith have become a strategic partner of BuildingIQ in the Australian market, offering existing and new clients a virtually risk free solution to help reduce their HVAC energy usage by between 10% and 25%.
Originally developed by Australia’s own CSIRO, The BuildingIQ software suite is the leading energy management system that can intelligently predict and optimise energy demand in commercial buildings.
Peter Ferguson, AE Smith’s General Manager of Building Technologies said of the partnership announcement, “We’ve been helping our customers improve the energy efficiency of their building for years. BuildingIQ is another smart tool that helps us to keep on delivering these results.”
With HVAC representing the biggest single use of energy in most commercial buildings, optimising HVAC operation can result in large cost savings. BuildingIQ achieves these savings by continuously monitoring inputs including weather, occupancy, demand response events and energy prices, with all data compiled in a dynamic model. Complex computational algorithms then inform incremental adjustments to temperature and pressure via direct communication with the existing building management system (BMS). This is all achieved with minimal, if any, human interaction.
Roy Arindam, BuildingIQ’s National Director of Sales commented on the partnership agreement, “The combination of our leading predictive optimisation technology and AE Smith’s engineering expertise and size in the Australian market will help many building owners save a lot of money on energy and ensure tenant comfort.”
BuildingIQ is sold as a monthly “pay as you go” subscription. It requires no mechanical infrastructure upgrades or upfront capital expenditure and is generally cash flow positive within the first year. Reducing energy waste in both new and existing buildings, BuildingIQ has proved effective across a broad range of commercial building uses around the world, including offices, government, shopping centres and hospitals.
Roy Arindam comments on BuildingIQ’s performance record, “When BuildingIQ is installed, we see immediate reductions in energy use, with buildings recording between 10-25% HVAC energy savings annually. With no upfront investment, and only weeks to install, there is virtually no risk for building owners to implement the software.”
In addition to the huge energy savings, BuildingIQ has proven it can reduce a building’s carbon footprint and improve its sustainability score by up to a full NABERS point.
AE Smith’s National Sustainability Engineer, David Odd, is an advocate of predictive optimisation, seeing it as a necessary part of maintaining a building’s NABERS Energy rating. David comments “NABERS is a performance based rating scheme, which means you need to constantly review and optimise your HVAC systems to maintain your NABERS rating. BuildingIQ is a smart, risk free product that will help our clients keep their NABERS rating and maximise their rental return.”
AE Smith is currently delivering a range of building services and energy efficiency solutions around the country. With its ability to forecast energy requirements, factor for energy prices and keep tenants comfortable, BuildingIQ is a powerful new tool that will help AE Smith help its customers achieve even greater energy savings long into the future.
For further information contact Peter Ferguson, General Manager, AE Smith Building Technologies on 1300 313 313 or email email@example.com