Frequently Asked Questions
An IoT-enabled BMS controls only the systems that are perceived as critical, large or prone to error. For almost all buildings, that is less than 50 percent of its systems. BMS doesn't provide visibility to the other 50% consumption of energy, water, or other utilities. UFIQTM provides visibility to the entire building's energy financial performance aligned with The International Performance Measurement and Verification Protocol (IPMVP®) - Option
Also, a BMS is only a hardware-based system — not a financial intelligence system. Thus, a BMS may be able to tell you what is broken, but can't tell you how much it is costing you. You can think of our UFIQTM system as a supplement to your existing BMS. It adds financial intelligence to your daily decision-making, so that you can effectively prioritize repairs and resources (time and money).
BMS errors are more common and frequent than what most think. And those errors are mostly responsible for substantial amount of waste resulting in high utility bills. UFIQTM provides the assurance that BMS itself is working properly and yielding the savings intended. BMS automatically without UFIQTM supervision is unlikely to save energy consistently.
Ultimately, it is our goal to help improve your bottom line when it comes to energy waste reduction and better energy management. There are several factors that reflect our pricing model including energy data format and transferability, specific portfolio set-up and energy performance needs, as well as the possibility of adding our white-glove energy management service as a solution, where our team of energy experts manages your company’s energy performance.
Factors that drive pricing:
- Economies of scale.
- Data availability: if you have the data available in a format easily transformable to EOS, the lower the cost will be.
- Setup complexity depending on your portfolio and business needs.
- Cost of managed service, if you desire our team of experts to manage energy performance on your behalf.
Getting started is simple. Click here, fill out the form and we will be in touch to craft a step-by-step implementation plan that is unique to your organization!