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Calendarization accurately allocates utility bill use and cost data to the month it occurred by dividing the data into daily buckets and then allocating the values—based on weather sensitivity of the meter—to the appropriate calendar month. This process is helpful in comparing month-to-month and year-to-year utility bill data and smoothing out quarterly or annual invoices across multiple months. Calendarized data is more helpful to Energy Managers because they can see use and cost in the month it occurred.
By evaluating historical energy consumption patterns based on the calendar, and not your billing cycle, you can predict future energy costs with greater precision. This improved financial foresight ensures more accurate budgeting, with just the right amount of funds allocated for future bills.
Calendarized data makes it easier to assess the true impact of energy-saving initiatives by isolating their effect on specific months compared to seasonal variations. This allows you to identify trends over time, like whether a new HVAC system effectively reduced energy use during peak summer months. With this level of granular detail, you can make informed decisions about future energy-saving strategies and maximize your return on investment.
ENERGY STAR® Portfolio Manager® and other benchmarking platforms use calendarized data as the standard format for building benchmarking. This allows for fair and accurate comparison of energy use between buildings regardless of their billing cycle. Automatically calendarized data in EnergyCAP UtilityManagement™ simplifies ENERGY STAR Portfolio Manager submittals, eliminating data gaps or overlaps and making compliance with local and state benchmarking mandates a breeze.
Our energy and sustainability software brings cross-functional teams together, in a single platform, to drive cost-effective and responsible utilization of finite resources.