Energy costs continue to rise across the commercial real estate sector, with U.S. prices climbing 7% last year—nearly double the rate of inflation. At the same time, up to 30% of building energy use is estimated to be wasted. In response, Measurabl has introduced a faster and more affordable approach to improving building performance through direct utility data integration into its Optimize solution.
Optimize: A Faster Path to Energy Savings
Optimize helps property owners enhance asset performance, reduce operating costs, and manage energy, water, and carbon more effectively. The solution has already helped customers reduce energy costs by 10% or more, translating into millions of dollars in avoided operating expenses across their portfolios.
Traditionally, owners had to install on-site hardware such as meters, submeters, gateways, and IoT sensors to access granular utility data needed to identify waste and inefficiencies. This process often required significant upfront investment and could take months to deploy.
Direct Utility Data Feeds Eliminate Hardware
Optimize now connects directly to utility interval data feeds from more than 85 utility providers across the United States and Canada through integrations with Arcadia and Smart Meter Texas. No hardware installation is required. Deployment can happen in as little as one week with no upfront capital investment, while capturing up to 12 months of historical usage to establish a performance baseline.
“Rising energy costs are impacting every part of building operations, while higher capital costs and growing pressure on asset performance are forcing owners to look more closely at avoidable operating spend,” said Dan Lake, Director of Building Optimization at Measurabl. “Reducing avoidable energy waste is becoming a direct lever for NOI preservation and asset value. This enhancement to Optimize gives owners a faster, lower-friction way to identify inefficiencies earlier, act sooner, and improve NOI across more of their portfolio.”
How Optimize Cuts Costs
Traditional utility bills show what a building consumes over the course of a month, but not when waste, equipment issues, or abnormal operating patterns occurred. Optimize uses interval data—utility usage captured at 5–15 minute intervals—to help engineers and operators identify inefficiencies proactively.
The system allows users to:
- Catch issues early before they become costly, such as faulty sensors, HVAC systems running outside operating hours, or unexpected utility spikes
- Identify inefficient operating patterns across HVAC, lighting, and connected building systems
- Prioritize actions that reduce utility spend, improve building performance, and increase net operating income
With this new capability, Measurabl is lowering barriers to entry for portfolio-wide energy optimization, making it easier for owners to achieve significant savings and improve asset value in a challenging economic environment.
