Cost Savings.

There is the potential for annual savings for multi-tenant buildings, when temperatures are controlled to 21-22°C.

Both Gas and Electrically Heated Systems.

Gas Heated System.

Scenario.

The above graph shows the distribution of temperature across 2,260 bedrooms in one Student Accommodation asset.

Based on that real customer data, in the UK, on a gas heated system, and a scenario of:

  • 2,260 bedrooms heated over 200 days/annum.

  • £0.9 per kWh cost and an extra 1.5 kWh per hour consumed for each degree over 22°C.

  • Average potential saving of £149 per bedroom.

Utopi insights found the following cost savings…

Cost Savings.

The potential annual savings per bedroom is:

£149

The potential annual savings per bedroom of CO2 emission is:

3.84 tonnes

Electrically Heated System.

Scenario.

The above graph shows the distribution of temperature across 1,321 bedrooms in one Student Accommodation asset.

Based on that real customer data, in the UK, for an electric heated system, and a scenario of;

  • 1321 bedrooms heated over 200 days/annum.

  • £0.30 per kWh cost and an extra 2.5 kWh consumed for each degree over 22°C every hour.

Utopi insights found the following cost savings…

Cost Savings.

The potential annual savings per bedroom is:

£318

The potential annual savings per bedroom of CO2 emission is :

3.61 tonnes 

With Utopi, you can…

  • Improve ESG Performance by 20%

    Granular, real-time reporting for GRESB and other benchmarks

  • Reduce Costs and Emissions by 20-30%

    Introduce fair usage policy or move to absolute billing model

  • Increase rents by 5-8%

    Increased retention – better community engagement

  • Improve Operational Savings by £5k per asset / annum

    Data driven space planning and automated ESG reporting

The world can’t wait. Take action now.

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Moda Living.

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Anecdote: Reducing Carbon Emissions.