Deep Energy Efficiency with Jason Gregory
In this episode of 3P Theory, we are joined with Jason Gregory, co-founder and CEO of EnergyRM, a software company which exists to unlock investment in deep energy efficiency at scale within a commercial built environment. The company’s benchmark is to enable a 25% (or greater) reduction in consumption especially in existing buildings in order to improve commercial building stock. EnergyRM services two predominant customer types: portfolio owners of large commercial real estate, and energy services companies.
Listen to the full episode here: hyperurl.co/wbqkbb
EnergyRM’s software is focused on three areas: 1) delivering insights about a building’s energy performance across all its energy sources; 2) metering via the DeltaMeter, “a transactable investment-grade energy efficiency meter”; 3) settling a financial transaction.
With regards to existing buildings, it is not usually the lack of suitable equipment that holds back deep energy efficiency. The two-part question posed by owners is often, “How can we justify the additional expense to build or retrofit a building to meet our goals, and how do we do it in a way that generates returns on invested capital?” Ideally, owners would like to turn energy efficiency into a financial investment in addition to experiencing the energy efficiency and carbon reduction outcomes that are a simultaneous result of that investment.
When asked about any unique requests from building owners, Jason acknowledges that different projects, and even different facility managers, prefer different systems. While he is confident in EnergyRM’s overall ability to account for energy efficiency under virtually any circumstance, there are challenges which arise particularly from uncommon building types that do not fit usual design specifications. In these cases, the team would have to create an optimized model of that building to predict how it might perform and how much energy efficiency potential exists within that building. Jason gives a few examples of such usual metering contracts, including one for an electric-only building in Seattle, and an NFL stadium.
Because EnergyRM’s primary goal is to predict a built environment’s future energy performance, they have created a system which allows for “the right degree of fidelity into about 30 parameters of the building’s physics that allows us to do more reliable end-use to segregation or categories, even in those unique facility types.” By rendering a physical thermodynamic model of an existing building, as opposed to relying on a purely statistical approach, more insights can be unearthed which factor into how that building may be optimized, or even towards creating a model for a potential new building.
Jason Gregory is the co-founder and CEO of EnergyRM. He has an impressive background in marketing, software development, energy consulting and technology. He helped grow two successful businesses and has advised leaders of top utilities. With over 15 years in the Energy Efficiency Industry, Jason is best placed to understand the dynamics of energy usage in commercial buildings and how to facilitate the release of stakeholder investment in energy efficient retrofits. Jason resides with his family in the Portland Metro area and is eager for the current stay-at-home order to be lifted so he can start riding his bike to work again.
Key Topics of the Episode:
- The three focuses of EnergyRM’s deep energy efficiency software
- How EnergyRM adapts to unique circumstances presented by unusual building designs
- What sets EnergyRM’s software apart from other deep energy efficiency systems
- The timelines for a typical project commissioned by EnergyRM’s two predominant customer types
- How EnergyRM incorporates AI into their software
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Strategic Growth & Go-To-Market | Real Estate Sustainability & Finance | AI Product Strategy | CEO & Co-Founder | Board Member
5yMichael Brown, thanks for the great conversation!