Imagine living in a society where all buildings are connected. When an earthquake strikes one building several miles away from you, alarms immediately sound in your own building, warning you of the shaking that is about to rock your world. Then, first responders to your building site can digitally retrieve an image of your building that shows them where every building occupant is, thus making the process of rescuing injured victims more seamless. This seemingly far-fetched idea is slowly becoming a reality, with companies increasingly focusing their efforts on smart building solutions also known for their operational efficiencies.
Years ago, the clean technology industry boom ended up being a bust, but a certain sector of clean tech is making a major comeback nowadays: the sector of energy efficiency. However, although innovative technologies such as smart buildings are known for being energy-efficient and for providing a quick payback, many customers lack the capital needed to cover the cost of smart building systems and hardware. Two companies have come up with a solution for this.
One company, Noesis Energy, has introduced an approach where customers can access between $300,000 a million dollars to finance the development of smart buildings and then repay this financing via their utility bill energy savings. The second company, Daintree Networks, allows customers to bypass paying large upfront costs and instead pay a monthly fee for the company’s comprehensive energy management technology services. With these types of cost-effective methods for making smart energy efficiency more mainstream, the future of smart building technology is expected to be bright in 2015 and in the years to come.