This December 2020 report was authored by CIET and Knowenergy with input from a steering committee and published by the Independent Electric System Operator (IESO) in the province of Ontario. Focusing in particular on organizations that manage mid-tier commercial real estate (CRE) buildings, the report proposes a strategy to engage them in the energy transition. The analysis was based on a survey conducted among 77 building owners and property managers, supplemented by site visits at eight mid- tier buildings. The research indicates that many respondents are lacking in their understanding of metering and lease mechanisms to monetize the value of investments in energy efficiency. The outcomes also highlight the need for education and capacity building in this market, focusing on how building owners can create value from energy efficiency.
Key words: Building Retrofits, Energy Efficiency/Management, Intelligent Building, Large Building Controls/Automation, Property Management, IESO, CIET