Real-Time Competitive Advantage
Many programs exist to help manage your energy bills. Some of these programs involve inputting your monthly utility bills into a program which tracks your expenses and any changes taking place. Other programs will gather the monthly data from your utility company and graph it on a monthly basis. More advanced energy management programs will normalize the data by weather, square footage and other factors. The question becomes, is this enough? By the time your bill is generated you have already been charged for the usage. While it may be nice to keep your files organized are you really getting enough information from a monthly bill to truly know what is going on inside your facility?
There are some things you can discern from a monthly bill, but the amount of information you can gather is limited and once you have received the bill it is already too late to stop the charges from happening. One building may be performing worse than another building, and if the information is normalized for an accurate comparison the next question instantly transforms into why? To answer this question it is increasingly necessary to view the real-time consumption of a facility. When you have the ability to view the usage in real-time you have the ability to see exactly when the consumption is higher on a minute by minute, hour, or daily basis. A lot can happen and change in a month affecting a bill, being able to look back and see exactly when the consumption increased, or alerted exactly when it changes, will help you narrow in on exactly the problem, and possibly stop it before you are charged for it.
Continuous Energy Management and Optimization (CEMO) allows users to see their energy consumption in real-time. This allows the consumer to see exactly when something has increase the consumption in their facility. Not only will this help users narrow in on how the consumption has increased it can also help prevent the extra charges associated with increased consumption from reaching the bill altogether. If you have the ability to see something exactly when it happens and stop it immediately you can save a substantial amount of energy, money and time. To help you save energy further CEMO offers alerts and alarms to warn you when certain levels are reached or exceeded, and a team of highly qualified engineers monitors your facility constantly.
If you are relying on monthly statements you may notice a problem a month after the fact, and then you will have to wait another month to see if the changes were successful in fixing the problem. That is potentially 60-90 days worth of charges that you could have stopped in a single afternoon if you had real-time information. In the business world information is power, having detailed real-time information of exactly how your facility is performing and being able to prevent extra charges will give you a competitive advantage that you couldn’t receive from monthly statements alone.