Feb 28, 2018 | Trends, Sustainability

Benchmarking Simplified

You may not be aware of it, but you probably use some form of benchmarking in your everyday life. Simply put, benchmarking is comparing one’s processes and performance metrics to others that are similar. Athletes compare their performance to that of their competitors. The use what they learn to improve their own performance.

Wall Street executives compare the stock they are trading to other similar stocks, so they can make better decisions for their clients. School students take standardized tests to compare their knowledge with others in the same class. I’m sure you can look at your own situation and see where you benchmark as well.

In most major cities across the country, businesses are required to benchmark their energy use. Benchmarking is required as it assists city governments to set policy and helps businesses track usage and operate their buildings with the least amount of wasted energy.

How Albireo Can Help

Albireo is a professional energy manager that has the deep market expertise and state-of-the-art technology to help you become benchmark compliant, find energy saving solutions, and make energy purchasing a breeze. Contact us at [email protected] or call us today at 800-201-3153. Let Albireo unlock hidden efficiencies in your accounts.

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