Energy expenditure reductions: Load profile can be generated to track daily, weekly and seasonal variations in energy consumption, while critical loads can be metered and sub-metered to evaluate consumption and reduce energy costs.
Allocate Costs and Perform Activity-based Costing: Track energy-related costs by department, tenant, process or output. Revenue-accurate metering allows for easy cost comparison with utility bills.
Manage Energy Purchase Agreements: Use historical load profile data to develop price/risk curves for evaluating energy purchase agreements or for joining an aggregated group to purchase power at reduced costs.
Perform Energy Conservation and Load Reduction: Shed non-essential loads or bring distributed generation on line to reduce consumption and/or participate in utility-sponsored demand reduction programs. Evaluate the value of energy efficient equipment such as lighting and HVAC changes.
Reduce Demand Peaks and Related Costs: Avoid demand surcharges to predict kW demand and identify the cause of demand peaks and limit peak occurrences. Generate alarms on events such as excessive load, equipment failure, or when operations are likely to exceed contract terms for energy supply.
Evaluate Impact of Production Equipment on Energy Costs: Monitor the efficiency of large, energy-consuming equipment to improve performance. Plan for expansion by analyzing load trends and available capacity for new equipment.