Customer

Sveafastigheter

Property types controlled

Flerbostadshus

Sveafastigheter

Summary

Significant savings from reduced district heating costs. At the same time, Sveafastigheter expects higher tenant satisfaction. The nationwide real estate company is currently rolling out Algeno’s heating control system across its entire portfolio.

Results

Energy savings, operational efficiency.

Total number of apartments in the portfolio

ca 15 000

Byggnadsikon

Type of real estate

Multi-family housing

Background

Sveafastigheter’s board has set high standards for energy conservation. The company spends approximately 120 million SEK per year on district heating, and that figure needs to come down.

– Algeno is a key piece of the puzzle. We’re going to save money on district heating, says Jonas Larsson, technical manager at Sveafastigheter

Swedish public community buildings managed by Algeno energy optimization
Algeno main platform user interface and energy controls

Solution

Jonas Larsson also sees a major benefit in the fact that tenants will be more satisfied, thanks to the AI-controlled system ensuring a more consistent indoor temperature.

With Algeno’s service, property management companies own the data that is collected. The service also includes Algeno’s web application, which clearly visualizes data from the properties. Having control over the data means that Jonas and his colleagues can perform analyses and make adjustments in real time.

– Until now, we’ve been purchasing that data. It’s often of poor quality and costs a lot of money, so this will be cheaper for us in the long run, he says.

Results

Once Algeno’s service has been rolled out across the entire portfolio, Jonas believes it will serve as a helpful tool for the technicians, making their day-to-day work easier.

Algeno platform energy optimization settings and controls

About

Sveafastigheter

Sveafastigheter is a Swedish housing company that develops and manages rental properties. The company focuses on growth regions in Sweden and holds the majority of its properties in metropolitan areas and university towns.

About Algeno

Algeno makes it cost-effective to reduce the carbon footprint of buildings. We do this by providing AI-based heating control for buildings, where Algeno’s service optimizes energy consumption, reduces heating costs, and ensures a consistent and predictable indoor climate. The service is cloud-based and gives property owners full control over their property portfolio. Over 2,500 buildings are already connected to the system, and over 2 million sensor readings are collected every day.

Grafisk silhuett av fastighetsbyggnad – Algeno

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Algeno is designed for property owners who want to reduce energy costs and their environmental impact without replacing existing systems. Get in touch, and we’ll discuss how it would work for your portfolio—based on your technical requirements.

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