A world leader in smart, healthy and sustainable buildings, Johnson Controls has completed more than 3,000 energy saving projects around the world that have reduced carbon emissions by more than 30.6 million metric tons and achieved 6.6 billions of dollars in energy and operating cost savings. A common challenge that organizations faced was how to implement the necessary building upgrades to meet these goals when budgets are tight. With the right strategy and the right infrastructure partner, however, it is possible to get the best of both worlds: reducing the carbon footprint while keeping operating costs low.
Create funding opportunities
Modern financing options are available to building managers through a variety of procurement methods, including public-private partnerships (P3), buildings as a service (BaaS) and performance contracts (PC). As a concrete example, the financing, operation and maintenance of a two megawatt community solar garden for the Housing Authority for the City of Pueblo (HACP), Colorado, was made possible through performance contracts. energy and P3. HACP designed the Community Solar Project to reduce energy costs for low-income people and affordable multi-family housing. The solar installation will generate enough renewable energy to power 200 homes and provide vocational training and clean jobs for the local community.
The BaaS approach allows a third-party vendor to absorb project risk and pay for infrastructure updates for a specified period, identifying new opportunities for profitability and building cost-saving capabilities. energy. Alabama Children’s Hospital signed a 25-year contract with a leader in the construction industry who would design, build, operate and risk a new power plant for the hospital to maximize savings of energy. This plant has resulted in nearly $ 250,000 in annual savings while allowing the hospital to reduce gas use by 69% and maximize operational efficiency.
BaaS offerings continue to evolve to provide a personalized and expert partnership that delivers the most important results. For example, Net Zero Buildings as a Service provides full-service decarbonization solutions and risk management models to fuel organizations’ environmental, social and governance (ESG) goals. Since sustainability is managed entirely by a partner, the leaders of the organization are free to focus on their core business missions.
Improving buildings is one of the most important steps building managers can take to reduce a building’s carbon footprint.
Maximize funding to maximize impact
Once the funding is secured, building managers can immediately start reducing their organization’s carbon footprint. It starts with building technologies, such as LED lighting, efficient HVAC systems, and advanced water meters, as well as efficiency-focused upgrades and audits of existing assets, such as the power plant. electric. As projects get underway, organizations can deepen their commitment to a healthy building through larger-scale, longer-term projects, such as building solar photovoltaic (PV) panels to reduce dependence on fossil fuels and increase operating expense savings.
When considering the budget for sustainable development, investments in connected technologies should be a priority for every organization. By moving away from single-use silo equipment and integrating building technologies to work together and connect to a single platform, building managers and owners can achieve better results, not just for the planet. , but also for the safety, health of the occupants and the experience of the occupants. The integration of advanced security technology such as location-based monitoring with advanced HVAC assets, heating, cooling and ventilation systems can allow automatic adjustments of the number of occupants within a threshold, allowing energy savings and the creation of an intelligent, data-driven system. environment.
Improving buildings is one of the most important steps building managers can take to reduce a building’s carbon footprint. These improvements do not need to be capital intensive, thanks to modern financing mechanisms. As companies commit to keeping their employees healthy and keeping their buildings efficient, these innovations will also contribute to a healthy planet.