At Boston University, energy costs and building efficiency are routinely assessed and evaluated by Facilities Management & Planning. Two groups, the Finance & Administration and Building Automation Systems (BAS) departments, are proactive, methodical, and disciplined in their approach to managing both the energy supply cost and building energy consumption for the University.
Energy Supply Management
Finance & Administration has an energy procurement strategy proven to reduce cost for Boston University. The department monitors the energy market and reviews its energy procurement strategy on a monthly basis to ensure they are in sync. Mitigating market pricing volatility and assuring budget certainty are two important goals for energy supply management. We have a deep understanding of the drivers of changing energy pricing from energy suppliers and utility companies so that Boston University can be proactive in its approach to reducing cost in the long term. Working hand in hand with the Building Automation Systems department, we also aim to secure energy efficiency incentives to aid further cost reduction through management of building demand.
Building Demand Management
The BAS department analyzes, recommends, and implements innovative and sustainable energy technologies to optimize efficiency in the University’s buildings. We collaborate with building occupants, maintenance staff, project managers, professors, student organizations, and the Sustainability Committee’s Energy Conservation Working Group to improve energy efficiency in our buildings while maintaining the occupants’ comfort and operational requirements. In collaboration with Finance & Administration, the BAS department has developed a long-term plan of energy efficiency projects with the goal of reducing University energy consumption 10% by the end of fiscal year 2017.