Facilities Managers' Challenges Amidst Recent Rising Energy Prices

energy prices will rise to up to 54% from April 1st

Price, Rising, Energy Crisis, Energy Saving, Facility Management, BlockDox

Ofgem has recently announced energy prices will rise to up to 54% from April 1st. This sharp increase is mostly due to higher demand in energy which suddenly stopped during the pandemic. Now that we’re emerging from countless lockdowns, demand for fossil fuels has jumped to levels never seen before. This, combined with historically-high inflation rate, has led to a jump which is set to increase once again in October 2022. 

Being pushed to implement an energy-efficient agenda while reducing overall building costs, how can facilities managers prepare for the times ahead?

Today’s facilities managers need high levels of resilience to overcome the challenges of running buildings cost-effectively and energy-efficiently. With statutory pressure to reach net-zero targets by 2050 and to continuously reduce facilities' costs of operations and maintenance, FM and Building Managers are now pressured to find creative ways to solve these challenges.

Recently, a United Nation report stated that ‘real estate accounts for about 40 percent of the world’s energy consumption and a third of all carbon emissions'. This significant figure puts greater pressure on facilities managers whose mission is to reduce their facilities’ operating costs. In addition, A recent report by CBRE has identified that managing energy costs will become an important aspect of FM in the years to come. The good news is that you can mitigate this with an insights’ software which lets you run your buildings at peak-efficiency and cost-effectively. 

Using data to make buildings energy-efficient has been hailed as a must-have of any smart building. However it’s been said that non ‘smart’ buildings could benefit from it the most as they usually consume more energy than newer buildings. Data analytics' solutions like BlockDox’s help FM identify areas of potential energy waste. We offer incredible value and optimise facilities operations by way of insights and reports.

Our comprehensive data analytics solution streamlines energy cost, optimises resources as well as indoor conditions and enhances reporting, all with the aim of making your day-to-day job as seamless as possible and help you achieve considerable savings for your company. What are you waiting for? Contact us now!

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