Enel X intelligent software enhances sustainability and efficiency for Boston Properties
Published on Friday, 1 June 2018
Boston Properties, an American real estate investment trust, has chosen smart services by Enel X to analyse and streamline its energy consumption. The company, which manages luxury properties and has branches in Boston, Los Angeles, New York, San Francisco and Washington DC, called on the Enel Group’s expertise to provide a complete view of its energy use, tracking consumption through its intelligent monitoring software.
Around 10,000 bills involving 939 Boston Properties cost centres have been collected and analysed through EnerNOC, an American company acquired by Enel that is a global leader in digital services. The brief provided by the American property company, which owns and manages prestige offices in the nation’s largest cities, boiled down to one thing – energy efficiency. Its aim, in fact, was to cut consumption at its properties by at least 15%, managing the bills on a single centralised platform monitoring 102 sites. This would also lead to a 20% reduction in greenhouse gas emissions.
The EIS, UBM, Procurement and DR intelligent services supported the streamlining of internal corporate processes, ensuring precise, accurate data. The result was savings of 565,000 dollars in 2016 alone, consumption down by 10%, the equivalent of a 26.7% reduction in greenhouse gas emissions and earnings of 2.6 million dollars by joining the Demand Response programme. Boston Properties has not only improved its consumption patterns but has also benefited from Enel X’s strategic support: by placing a number of suppliers in direct competition, it has obtained advantageous energy supply conditions. The self-managed real estate trust has also increased the financial performance of its properties, boosted productivity and achieved sustainable company status.
Energy Intelligence Software by Enel X has enabled Boston Properties to increase its ENERGY STAR score (a US government programme promoting energy efficiency) from 38 to 79 year on year. Working in an eco-compatible setting is very important in the real estate sector as it offers clients sustainable environments. The collaboration between Enel X and Boston Properties provides a striking example of how placing digital intelligence at the service of companies is a crucial tool for generating meaningful cuts in costs and environmental pollution.