“The grid is changing due to climate change and the growth of intermittent renewable resources, so my prediction is that, soon, electricity will be priced by time of energy used,” Dowd said.
While different parts of the country utilize different energy rate structures, Dowd said there was a common factor.
“There isn’t enough power to support the demand.” And, while people ask about solar and wind power, today those sources only make up a fraction of the market. “Buildings need a strategy for energy consumption and reduction, and we think we can help clients in the designing of new systems and the retrofitting of existing systems to address the changing energy market and the grid,” Dowd said.
A building may start life meeting a set of established energy consumption goals, but it can worsen over the years.
“We try to make a building better as we go,” Dowd said. “We track our progress and our metrics, and we provide visibility and hold our team accountable.”
The goal is to deliver optimum building performance for the customer. Boland uses a model called applied building insights to generate efficiencies by managing a building’s energy demand on the grid.
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