Full-service real estate company LBA Realty is continuing its portfolio-wide partnership with Yardi Pulse as the company moves towards a Smart Building Program to enhance their sustainability strategy.
LBA and Yardi conducted an initial proof of concept pilot at a single property. In January 2019, LBA Realty adopted a phased approach to roll out Meter Insights and Fault Detection to 11 office properties in four different states. Leveraging Pulse modular capability, these initial solutions provide real-time electrical meter monitoring and analytics, as well as HVAC fault detection and diagnostics. This allows the LBA engineering team and Yardi’s consulting services to identify hidden performance issues including extended run time, overlap in HVAC mode conditions and an inefficient sequence of operations.
LBA now receives timely and accurate energy use data for all 5.9M square feet of their office properties. Year-to-date, the program has resulted in energy use reduction of 16.2M kWH, which equates to savings of roughly $0.32 per square foot.
CP Pitones has more than 20 years of experience in the building controls space having worked for Siemens, EMCOR and Schneider Electric. He then took the leap into the software world by joining Enerliance the company behind the LOBOS optimization platform which Yardi acquired in 2014. Using his controls and HVAC know how, he’s been able to leverage technology and integration expertise in positioning a comprehensive energy strategy by enabling software in well over 350 sites nationwide.