Your WegoPower Questions, Answered

Last week, we presented a first look at our newest product, WegoPower, in a webinar. To recap, WegoWise’s Vice President of Business Development, Dan Teague and Energy Procurement Expert, Katharine Pelzer discussed:

  • What energy procurement is. About half of all U.S. states have deregulated energy markets, meaning you can choose who supplies your energy, which helps building owners find and secure competitive rates.
  • What to consider when selecting an energy broker. Whether you’re trying energy procurement for the first time or already in a contract, Dan and Katharine went over several qualities you should look for a in a broker, including transparency, choice, automated data, excellent customer service, and renewable energy options.
  • How procurement helps you control your portfolio’s energy budget. Even if the market is volatile, procuring energy through a third party allows you to lock in a competitive supply rate, giving you more certainty over your budget.

After the webinar, the question lines were buzzing. Here’s what our audience wanted to know:

 

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Benchmark CT offers free energy benchmarking for multifamily building owners

Did you know that more than 33% of all energy consumed in the state of Connecticut comes from the residential sector?

Multifamily buildings use more energy per square foot than single family homes, meaning building owners have higher costs, but even bigger opportunities to save from implementing energy-saving upgrades. So, how can you pinpoint where to spend precious capital improvement dollars or measure the ROI of retrofits? Energy and water benchmarking is one of the best places to start.

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WegoTalks: Meet WegoWise’s New CEO, Laila Partridge

Last week, WegoWise announced that Laila Partridge would be taking on the role of CEO at WegoWise—an exciting change for our company as we gear up for our next phase of growth.

Laila comes to WegoWise with 30 years of experience in corporate and entrepreneurial settings, having held executive roles in large companies like Intel and Wells Fargo, as well as co-founding start-ups in the technology, health, and workplace sectors.

What better way to introduce Laila to WegoWise’s readers than in her own words?

Laila Partridge, WegoWise CEO

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What the Energy Policy Modernization Act Could Mean for your Portfolio

Recently, the U.S. Senate passed the Energy Policy Modernization Act of 2015 (EPMA), which promises to make energy more abundant, affordable, and efficient, as well as update the energy grid. On the energy efficiency front, the Act would create and strengthen several programs devoted to improving energy efficiency in buildings, such as state efficiency programs, which directly impact the multifamily industry.

 

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What to Look for in a Multifamily Housing Contractor

A guest post by Quinn Korzeniecki, Senior Communications Associate, Building Performance Institute, Inc. (BPI)BPI is a non-profit organization that has been raising the bar in home performance contracting since 1993.

Choosing the right contractor to do a high quality job in multifamily housing can be a struggle. In this day and age, anyone with a tool belt and a truck can call themselves a contractor, so how can you be sure you select one who will complete the job on time and on budget while maintaining a high standard of work? 

 

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The Definitive Guide to Finding a Better Energy Broker

When it comes to purchasing energy, the options seem endless. Should you buy through a third party supplier? If so, how do you choose? And how do you know if you're getting the best rate?

Before you give up on the energy procurement process altogether, here's something you should know: over 95% of the country's largest real estate owners and managers save billions of dollars a year by procuring energy through third-party suppliers.

Working with an energy broker saves you time and money. Whether you're in the market for a new broker or already on contract, here are 8 things to look for so you can reduce costs and increase net operating income.

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Bring light to a complicated energy procurement process

Reaching Ambitious Sustainability Goals Through Energy Data

The Snohomish County, WA Office of Energy and Sustainability (OES) works to conserve natural resources, facilitate environmental stewardship, and reduce the County’s carbon footprint. OES implements innovative policies and programs that address environmental challenges. One such program is an initiative to reduce water usage by 20% and energy usage by 30% by 2020. To meet this ambitious goal, OES needed a platform that could automatically import utility bills, measure and benchmark energy performance across its whole portfolio, as well as save time and labor.

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