Wading in the waters of building automation
Building automation systems will be increasingly necessary to help building owners meet more stringent regulations.
Buildings are responsible for 40 percent of all energy use in the U.S., but energy-efficiency standards such as the U.S. Energy Policy Act of 2005 and the Energy Independence and Security Act of 2007 are in place to curb this use.
The potential for customers to achieve energy savings via building automation systems could be a major source of revenue for utilities willing to get their feet wet.
Building owners want and need cost-effective systems that also provide energy savings. As facilities increasingly install building automation systems, utilities can take the opportunity to educate customers about lifecycle cost benefits and energy savings.
"Many building owners have the perception that the cost of installing a building automation system is high due to the cost of the equipment as well as the cost of the integration and installation services," said Frost & Sullivan Industry Analyst Alejandra Lozano.
Utilities overcome these challenges by touting the long-term benefits of installing a building automation system to customers.