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Data Driven Energy Audit Strategies


               Bennett Fisher
               Founder & CEO
         bfisher@retroficiency.com
           Phone: 202-744-4000
Even the experts agree – today’s audit process is
  frustrating at best

           Most Challenging Phase of                         Building Retrofit
               Retrofit Projects                            Market Opportunity
                        (Survey of Auditors)


                            Non-Financial Execution
                                  Challenges
                                                                 $400B
                                                             Potential Projects

                                                                  $60B
                                                               Realized Projects



    Source: Pike Research




(c) 2012 Retroficiency, Inc. PRIVATE and CONFIDENTIAL   2
Organizations must answer these key questions to
  achieve a positive energy assessment outcome


              How many buildings
       1 do I want to evaluate?                         Many                                      One




       2 What information do                            Energy Consumption               Building Asset
                 I have available?

               What resources are
       3       appropriate given                        Manual               Analytics         Models
                project scope?

               What do I want the
       4        outcome to be?
                                                        ECIs                                     ECMs




(c) 2012 Retroficiency, Inc. PRIVATE and CONFIDENTIAL
                                                                 3
Focus on the buildings that matter, and not those
  that don’t
    1                            Distribution of Portfolio Savings Potential
                                        Current             Potential       % of Savings Potential
                                      Spending ($)         Savings ($)
            Building #1                 $671,973             $250,626
            Building #2                 $939,946             $250,461
            Building #3                 $650,101             $220,326
                                                                                  Buildings
            Building #4                $1,146,006            $205,087              #1-#6:
            Building #5                $2,270,114            $104,701               75%
            Building #6                 $308,458              $61,706
                                                                                          Buildings
            Building #7                 $986,329              $59,251
            Building #8                 $225,025              $57,031
                                                                                           #7-#16:
            Building #9                 $418,305              $55,640
                                                                                            25%
            Building #10                $421,414              $54,266
            Building #11                $275,883              $38,989
            Building #12                $334,848              $33,405
            Building #13                $187,604              $28,243
            Building #14               $2,743,762             $24,411
                                                                             The top 6 of 17 buildings
            Building #15                $112,285              $9,394        (35%) in the portfolio have
            Building #16                $248,664                $0         75% of the savings potential.
            Building #17                $217,591                $0

            Total                      $12,158,308          $1,453,537
                Note: Building sample set from single utility portfolio.

(c) 2012 Retroficiency, Inc. PRIVATE and CONFIDENTIAL               4
Interval and asset data can deliver insights, but
  should be used at different phases of the audit
    2                                  Energy Interval Data                Building Asset Data




                                   • Granular consumption data            • General characteristics to
         Definition                  (e.g., readings every 15 minutes)      detailed energy systems in the
                                                                            building

                                   • Request from utility                 • Interviews with owner /
          How You
                                   • (Larger) building                      operator
           Get It                    owners/operators may have            • Building walk-through

                                   • Identify no-/low-cost operational    • Scoping phase
         When You
                                     opportunities                        • Deliver detailed audit
          Use It                   • Determine retrofits to investigate     recommendations


(c) 2012 Retroficiency, Inc. PRIVATE and CONFIDENTIAL          5
Determine the approach that strikes the right
  balance between time, cost and measure(s)
    3                                              Traditional                               Emerging
                               Spreadsheets               Detailed Modeling               Analytics-Based




                           • OK for lighting projects                               • Systematic input approach
                                                        • Complex building models
                           • Difficult to do more
                                                                                    • Streamlines benchmarking
     Overview                                           • Appropriate for highly
                             complex systems and                                    • Rapidly calculates potential
                                                          customized projects
                             ECM interaction                                          measures

    Ease of Use                    Moderate                          Difficult                    Easy
       Time
    Investment                        Varies                     Significant                    Limited
      Required
      Expertise                       Some                            High                        Some



(c) 2012 Retroficiency, Inc. PRIVATE and CONFIDENTIAL            6
ECIs help hone in on the right opportunities; ECMs
  should be developed closer to implementation
    4         Energy Conservation Indicators                Energy Conservation Measures




                • Lighting intensity is high during         • Condensing gas boiler with a 91%
                  unoccupied hours                            combustion efficiency
                • Appears to be simultaneous heating        • Super T8 fixture with 3 30-watt lamps
                  and cooling in building                     and electronic ballasts
                • Cooling system running constantly         • Install air side economizer control with
                  during high cooling degree days and         dry bulb changeover control
                  may be undersized

(c) 2012 Retroficiency, Inc. PRIVATE and CONFIDENTIAL   7
Given those answers, managers should consider the
  best option given available time and budget
                                             Benchmark                 Level I           Level II           Level III
                                               Minutes or                                                   Weeks or
                               Time:             Hours
                                                                       1-2 Days          3-5 Days
                                                                                                            Months
                            Budget:               <$500               $5K-$7.5K          $10K-$20K         $35K-$50K+

            How many
  1       buildings do I                          Many                                                          One
         want to evaluate?

  2      What information
                                                  Energy Consumption                                  Building Asset
        do I have available?

        What resources are                        Spreadsheets                                       Complex Model
  3     appropriate given
         project scope?                                                      Analytics


  4     What do I want the
                                                  ECIs                                                        ECMs
         outcome to be?


(c) 2012 Retroficiency, Inc. PRIVATE and CONFIDENTIAL             8
Questions



                                             Any Questions?

                                                          Retroficiency, Inc.
                                                        www.retroficiency.com




(c) 2012 Retroficiency, Inc. PRIVATE and CONFIDENTIAL             9

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Data Driven Energy Audit Strategies

  • 1. Data Driven Energy Audit Strategies Bennett Fisher Founder & CEO bfisher@retroficiency.com Phone: 202-744-4000
  • 2. Even the experts agree – today’s audit process is frustrating at best Most Challenging Phase of Building Retrofit Retrofit Projects Market Opportunity (Survey of Auditors) Non-Financial Execution Challenges $400B Potential Projects $60B Realized Projects Source: Pike Research (c) 2012 Retroficiency, Inc. PRIVATE and CONFIDENTIAL 2
  • 3. Organizations must answer these key questions to achieve a positive energy assessment outcome How many buildings 1 do I want to evaluate? Many One 2 What information do Energy Consumption Building Asset I have available? What resources are 3 appropriate given Manual Analytics Models project scope? What do I want the 4 outcome to be? ECIs ECMs (c) 2012 Retroficiency, Inc. PRIVATE and CONFIDENTIAL 3
  • 4. Focus on the buildings that matter, and not those that don’t 1 Distribution of Portfolio Savings Potential Current Potential % of Savings Potential Spending ($) Savings ($) Building #1 $671,973 $250,626 Building #2 $939,946 $250,461 Building #3 $650,101 $220,326 Buildings Building #4 $1,146,006 $205,087 #1-#6: Building #5 $2,270,114 $104,701 75% Building #6 $308,458 $61,706 Buildings Building #7 $986,329 $59,251 Building #8 $225,025 $57,031 #7-#16: Building #9 $418,305 $55,640 25% Building #10 $421,414 $54,266 Building #11 $275,883 $38,989 Building #12 $334,848 $33,405 Building #13 $187,604 $28,243 Building #14 $2,743,762 $24,411 The top 6 of 17 buildings Building #15 $112,285 $9,394 (35%) in the portfolio have Building #16 $248,664 $0 75% of the savings potential. Building #17 $217,591 $0 Total $12,158,308 $1,453,537 Note: Building sample set from single utility portfolio. (c) 2012 Retroficiency, Inc. PRIVATE and CONFIDENTIAL 4
  • 5. Interval and asset data can deliver insights, but should be used at different phases of the audit 2 Energy Interval Data Building Asset Data • Granular consumption data • General characteristics to Definition (e.g., readings every 15 minutes) detailed energy systems in the building • Request from utility • Interviews with owner / How You • (Larger) building operator Get It owners/operators may have • Building walk-through • Identify no-/low-cost operational • Scoping phase When You opportunities • Deliver detailed audit Use It • Determine retrofits to investigate recommendations (c) 2012 Retroficiency, Inc. PRIVATE and CONFIDENTIAL 5
  • 6. Determine the approach that strikes the right balance between time, cost and measure(s) 3 Traditional Emerging Spreadsheets Detailed Modeling Analytics-Based • OK for lighting projects • Systematic input approach • Complex building models • Difficult to do more • Streamlines benchmarking Overview • Appropriate for highly complex systems and • Rapidly calculates potential customized projects ECM interaction measures Ease of Use Moderate Difficult Easy Time Investment Varies Significant Limited Required Expertise Some High Some (c) 2012 Retroficiency, Inc. PRIVATE and CONFIDENTIAL 6
  • 7. ECIs help hone in on the right opportunities; ECMs should be developed closer to implementation 4 Energy Conservation Indicators Energy Conservation Measures • Lighting intensity is high during • Condensing gas boiler with a 91% unoccupied hours combustion efficiency • Appears to be simultaneous heating • Super T8 fixture with 3 30-watt lamps and cooling in building and electronic ballasts • Cooling system running constantly • Install air side economizer control with during high cooling degree days and dry bulb changeover control may be undersized (c) 2012 Retroficiency, Inc. PRIVATE and CONFIDENTIAL 7
  • 8. Given those answers, managers should consider the best option given available time and budget Benchmark Level I Level II Level III Minutes or Weeks or Time: Hours 1-2 Days 3-5 Days Months Budget: <$500 $5K-$7.5K $10K-$20K $35K-$50K+ How many 1 buildings do I Many One want to evaluate? 2 What information Energy Consumption Building Asset do I have available? What resources are Spreadsheets Complex Model 3 appropriate given project scope? Analytics 4 What do I want the ECIs ECMs outcome to be? (c) 2012 Retroficiency, Inc. PRIVATE and CONFIDENTIAL 8
  • 9. Questions Any Questions? Retroficiency, Inc. www.retroficiency.com (c) 2012 Retroficiency, Inc. PRIVATE and CONFIDENTIAL 9