Utility Financial Intelligence (UFIQTM) improves utility operations for schools and allows for the funneling of savings back into educational programs.
Did you know schools in the U.S. typically spend more money on utilities than on books for their students? According to the U.S. Department of Energy, schools spend more than $6 billion a year on energy costs to keep their facilities running. Yet, most could save up to 25 percent (or $1.5 billion annually) on energy costs through an improved utility management approach.
Our UFIQTM system takes complex energy data and transcribes it into actionable financial insights that help improve utility operations. These savings can then be funneled back into educational programs that further enrich the lives of students.
We often see significant capital being pushed at building upgrades to overcome the challenges of old and dilapidated educational facilities, but what if there’s a different way?