On January 25th, 2024, the Department of Energy, Department of Housing and Urban Development, and the United States Environmental Protection Agency issued a joint statement asking utility companies to come to the table and make energy and water usage data available for multifamily properties. The essence of the statement was their joint commitment to “championing the availability of whole-building utility data access.”
The energy landscape is changing. In some jurisdictions, gas utilities are facing moratoria on new customer connections. Electricity companies are seeing initiatives to engage customers with behind the meter solutions. New dynamics in the market also run the gamut, from aggregators allowing customers direct participation in demand response, capacity, and ancillary services to solar and storage solution deployments helping customers avoid volumetric charges and optimizing for certain rates. Utilities are impacted by it all.