Energy intelligence helps you understand your business and the key areas of consuming energy concerning its delivery, consumption, resiliency and cost for all the utilities. Unlike your energy bills, it will give you a visualized real-time interpretation of your energy usage. Knowing what you use and how you use it will help you identify areas of wastage and implement improvements.
Energy intelligence systems are crucial for businesses with multiple sites and complex energy needs and assist you in measuring, monitoring and evaluating the energy usage and performance to create an optimized energy system. This reduces not only energy costs but also the carbon emissions of your business.
What does an energy intelligence system use?
Energy intelligence systems use software that combines energy consumption, cost, and carbon emissions data. These systems can connect and work with all energy systems with help from smart equipment and Internet of Things (IoT) devices, including sensors. This will allow the devices to communicate with each other and help monitor and track whether they are working properly or showing inefficiencies.
Moreover, smart meters can provide data that will give insights into usage and costs in real-time. Maintenance systems can also be incorporated into energy intelligence systems that deal with the devices’ service requirements. One main part of energy intelligence is measurement, verification and reporting.
This ensures monitoring and reporting of how energy projects are doing, including initiatives for carbon reductions, energy conservation measures, etc. Energy intelligence systems can produce customized reports unique to your needs. This process is also important for verifying and reporting the performance of utility programs. Energy experts use these reports to see the progress of energy efficiency and cost savings.
How does it benefit you?
If your business is spread on multiple locations and has complex energy needs and requirements, you need to consider an energy intelligence system. From monitory real-time energy usage and progress, improving energy usage, enhancing efficiencies, reducing energy costs, energy intelligence systems have many benefits to offer you and your business.
They improve existing building and equipment energy usage and allow the comparison of data with previous consumption data.
They calculate and verify the savings that are attained on energy.
They help in taking initiatives to lower carbon footprint and achieve sustainability targets. By integrating energy intelligence systems with automated utility bill technology, you can easily:
· Tackle data reporting
· Identify and correct errors in billing due to overpaying, inaccurate bills, changes in meters, inaccurate meter readings and much more.
· Analyzes costs of utilities
· Offer consolidation of bills to improve usage as well as rates
· Identify issues in energy consumption
· Checks rate plans and contracts
· Allow easy payments of bills
· Provide insights into energy usage and progress from one year to another
· Identify opportunities that can create savings
Visit a utility bidder today to consult with experts regarding your utility bills and better rates.
Conclusion
Energy intelligence systems can have a positive impact and create good changes that will help in improving energy usage, enhancing efficiencies and reducing costs. Moreover, it also helps improve your business’s carbon footprint. It thus allows you to achieve your sustainability targets, so if your business has complex energy needs, it’s best to consider this.