Benchmarking
Utility Benchmarking Services
As municipalities throughout the U.S. increase their focus on sustainability, energy performance tracking is rapidly becoming a standard energy management practice endorsed by the U.S. Department of Energy. Many states, including New York, require buildings to gather specific utility billing data and property information for comparison with similar entities to determine whether they’re doing their part to reduce their energy consumption and carbon footprint.
If you’re a New York City property owner, you may be familiar with state-level legislative initiatives like Local Law 84 and Local Law 97 that have annual utility benchmarking and reporting requirements.
Why Performance Analysis Matters for Your Organization
Utility benchmarking provides critical insights into your organization’s energy performance compared to similar properties. This data-driven approach helps identify inefficiencies, validate improvement initiatives, and demonstrate measurable progress toward sustainability goals.
According to the U.S. Energy Information Administration, commercial buildings account for nearly 20% of total U.S. energy consumption, making this analysis essential for identifying savings opportunities. Organizations that implement regular tracking typically achieve 10-15% energy cost reductions within the first year. By understanding how your property compares against industry standards, you can prioritize investments that deliver the greatest environmental and financial returns.
UtiliSave Offers Free Annual Benchmarking Services for Existing Clients
For all UtiliSave clients who engage us for our utility auditing service, we will prepare your annual submission at no charge.
We offer a comprehensive suite of targeted energy analysis services supported by an extensive data pool, enabling you to compare your property with others that have similar usage, geographical and size characteristics.
This timely, precise information is invaluable when assessing and ranking your organization’s operational performance and identifying areas for future improvement. It can also positively impact what matters the most, your company’s bottom line.
The UtiliSave Benchmarking Advantage
Our comprehensive auditing analysis services go beyond basic reporting. We provide:
- Comprehensive Data Analysis: Our extensive database enables accurate comparisons across properties with similar usage patterns, geographic locations, and operational characteristics. This granular analysis identifies specific opportunities for improvement that generic benchmarking tools miss.
- Expert Interpretation: Raw performance data means little without proper context. Our team interprets your results, explaining what the numbers mean for your specific situation and recommending concrete actions to improve performance and reduce costs.
- Expert Interpretation: Raw benchmarking data means little without proper context. Our team interprets your results, explaining what the numbers mean for your specific situation and recommending concrete actions to improve performance and reduce costs.
- Ongoing Performance Tracking: Energy assessment isn’t a one-time activity. We continuously monitor your utility usage patterns, alerting you to unusual consumption spikes or billing anomalies that could indicate problems requiring immediate attention. As another benefit, our comprehensive energy analysis helps you stay compliant. You’ll be able to submit timely and accurate reports to help you meet all applicable regulatory requirements. You’ll avoid potentially costly fines and penalties and have more peace of mind. Moreover, our services exceed mandated compliance by allowing you to monitor and verify ongoing performance, resulting in true savings for your organization.
The UtiliSave Benchmarking Advantage
This process compares your property’s energy and water consumption against similar buildings to identify performance gaps and improvement opportunities.
Many jurisdictions, including New York City, require annual benchmarking for buildings above certain size thresholds. Check local regulations for your specific requirements.
Annual analysis is standard, though quarterly tracking provides better insights into seasonal variations and the impact of efficiency improvements.
Utilize Our Utility Benchmarking Services Without Risk
Our extensive track record includes finding savings in 94% of the cases we examine. We work on a 100% success-based contingency fee. There are no upfront costs for clients who use our utility auditing service, and you’ll only pay us if we recover funds on your company’s behalf.
Contact Us for More Information
Discover how the experts at UtiliSave can add substantial value to your organization’s utility benchmarking efforts. Contact us to learn more today.
