If your commercial office building’s monthly average demand is over 1,000 kW you can choose how to pay for your share of the Global Adjustment Mechanism (GAM) monthly cost. A decision is required on June 15th to be billed as Class A or B.
How will this affect your property?
Once you have made your June 15th decision- it is set in stone for 12 months. This could mean potential savings if you decide correctly. On the other hand, it can cost you.
This year is particularly important to plan. With the changes and uncertainty in building’s operation, occupancy, etc., what has worked in the past may not be effective this year.
Energy@Work presented at the BOMA Toronto GAM workshop on May 19th to explain the history of GAM and how to plan for the upcoming decision on June 15th, 2021. We can help you play the (GAM)e.
We call it the GAMe because it has all the components:
Energy@Work’s services include a “GAM coach”. We maintain the importance of a GAM Strategy for either Class A or Class B to win the (GAM)e. Our collective savings have exceeded $10 million.
We assist in evaluating Class A eligibility and assess potential strategies for both Class A and B.
Submit 2020 Energy, Water, Reporting and Benchmarking (EWRB) data.
Benchmarking is the first step in Energy Management and the second is understanding the data – we help with both!
Ontario Regulation 506/18 requires buildings larger than 100,000 sqft to report their energy and water consumption to the Ministry of Energy, Northern Development and Mines on an annual basis. Utilities are required to provide aggregated data. This is your opportunity to compare 2020 aggregated consumption data and to compare how utilities are used. Start early as the annual July 1st deadline is quickly approaching.
Energy@Work's Lisa Liang is a Fitwel Ambassador!
Lisa, as an ambassador, understands the connection between design and health, an essential component of operating healthy buildings. She is equipped with innovative strategies and benefits from expedited project reviews for Fitwel Certifications (12 weeks Vs. 16 weeks). This fits well (pun intended) with her role as a Race 2 Reduce Ambassador as well as her work with BOMA Canada’s Technical Committee for BOMA BEST certification.
Creativity and new ways of thinking will be required to encourage people to return to the office.
Congratulations, Lisa!
Join Energy@Work in celebrating World Environment Day: June 5th, 2021!
This year, with the Pandemic, we had the unique perspective of seeing improvements to air and water quality from less travel. However, we have also seen an explosion of garbage from non-recyclable food containers, discarded masks, etc.
Let us create momentum and make the “new norm” greener and healthier for everyone!
“We cannot turn back time. But we can grow trees, green our cities, rewild our gardens, change our diets and clean up rivers and coasts. We are the generation that can make peace with nature. Let’s get active, not anxious. Let’s be bold, not timid.”
April GAM cost is $0.926 billion. This is a 4% increase from the March GAM cost ($0.894 billion).
Energy@Work believes that a greater focus on GAM cost will result in a reduction in the monthly cost. This begins with better understanding where the money is going and the “why”?
GAM monthly cost is largely Nuclear (OPG and non-OPG). However, conservation continues to be reported as the reason for GAM. Another ‘why?’ question that remains unanswered.
Interested in Global Adjustment? Feel free to contact us for more information.
A mid-tier success story of epic proportion!
The ieso 2020 report highlighted the challenges that mid-tier properties face. However, the Madison team demonstrates the value of an Energy Management Action Plan (E-MAP) in achieving verified electricity savings.
Since the implementation of their E-MAP, 90 Eglinton E saved 797,892 kWh for a cost savings of $141,939. This is equivalent to the annual electricity use of 82 Ontario homes over a year!
Toronto Hydro provided the third-party verification that ESG reporting looks for.
Congratulations to the Madison Team:
Gordon Smith, Property Manager
Victor Dang, Operations Manager
Andre James, Building Operator
(PS: We are looking forward to hearing more good news from the Madison team- coming soon 😊)
Stay tuned, stay connected and stay safe!
We appreciate to hear your thoughts and welcome your feedback on how we can improve or include other areas of interest to you: Please email: Requests@Energy-Efficiency.com
Thank You:
- Energy@Work