Chicago has identified up to $184 million in annual energy savings possible through increased efficiency strategies at 1,800 properties across 77 neighborhoods.
The 2016 Chicago Energy Benchmarking Report coming out in late November will double the number of city properties surveyed to 3,600 and update the possible gains from smarter energy use tactics.
Christopher Wheat, Chicago’s chief sustainability officer, will be reporting on the energy benchmarking effort – and how it compares with other similar efforts globally - at the Empowering Customers & Cities conference in Chicago November 1-2.
The 2015 benchmarking exercise involved 1,800 commercial, industrial and residential properties totaling 614 million square feet. The properties are believed to be responsible for one-fifth of the Windy City’s $3 billion annual building energy use.
Energy costs soak up about one-third of buildings’ operating costs.
Shaving 13 to 24 percent off of the 1,800 buildings’ energy consumption would result in a savings of from $100 million to $184 million a year, according to the city.