Wistar Wood, Chief Sales Officer for WegoWise, explains the meaning behind the name WegoWise, a web-based, company that tracks a property’s utility data, mainly water, electric, gas, and oil. Using an intuitive software platform, the company provides insight into a building’s energy and water efficiency, enabling building owners and property managers to achieve immediate and sustained savings. While the software is used for most any type of property, they mostly target multi-family buildings. The technology is very simple. For example, in a multi-family building, electric meters almost always track usage for individual units. Typically, the software service and/or meter is installed in the landlord or property manager’s unit as they are the ones responsible for paying the bill for their on-site unit as well as the common area’s heating and electricity.
WegoWise chooses multi-family residences for many reasons. Mainly when it comes to collecting big data and comparing the performance of one property against another similar property such as an individual apartment/condo inside a multi-family structure to another apartment/condo in the same building it makes the comparisons extremely relevant. It’s like comparing apples to apples versus apples to cucumbers. Collecting and comparing data establishes benchmarks and norms which help tenants realize they are using much more energy and/or water than their peers.
In most cases, the building owner purchases the service and/or the meters and then train the on-site property managers. Generally, it’s the managers who become the experts at reading the data and the owners and tenants who get the benefits of saving money.
According to Wistar, “the bottom line is that you can’t manage it unless you measure it” and that’s what WegoWise does, by tracking big data on the usage of a building’s utilities and water. It’s all about awareness, so whether its multi-family residences, private homes, civic buildings or business offices, measuring and managing water, electricity, gas and oil usage saves money, sustains the environment and is just plain wise.
Subscribe via iTunes | Subscribe via RSS Feed | Facebook Page | Twitter Page | Stitcher Page
Connect with The Green Gab Podcast Hosts:
About the Hosts of The Green Gab Podcast:
Green Gab Podcast Host Marla Esser Cloos is the Founder of The Green Home Coach – a company leading the way to inspire you to learn about, focus on and put into place Green Solutions when it comes to your life, home building and more.
Marla is an NAHB Master Certified Green Professional, LEED AP and Missouri Woman Business Enterprise. She Earned her B.S. in Engineering and Public Policy and a Certificate in Energy from Washington University.
Click here to learn more about Marla at her website online via TheGreenHomeCoach.Com
Green Gab Podcast Host Tony Pratte is the Director of Builder/Contractor Relations at The Sound Room in St. Louis, Missouri.
Tony is a graduate of St. Louis University, Massachusetts Institute of Technology and has earned a Masters in Environmental Management & Sustainability at Harvard University
Tony’s 20+ year career has allowed to him to collect a number of experiences, connections and perspectives that offer an incredibly unique point of view that adds incredible value to each episode.