Glossary

Building Owner

A building owner holds legal ownership of a property and is typically responsible for major capital decisions, including energy infrastructure investments.

Definition

A building owner holds legal title to a property and typically makes major capital decisions — equipment upgrades, retrofits, energy contracts — though day-to-day operational management may be delegated to a facilities manager or building operator, particularly in leased or multi-tenant buildings.

Why It Matters

In leased buildings, the split between ownership and operational control can complicate who's responsible for and benefits from energy efficiency investment — a dynamic sometimes called the "split incentive" problem.

How ecolyptus Helps

ecolyptus's portfolio-level reporting supports building owners overseeing energy performance across multiple properties or tenants.