In This Issue
Demand Response
Smart-Metering Empowers Customers
Turnkey Monitoring Solution
Problem Identification Produces Savings
Demand Response

Another application of real-time energy monitoring is in connection with a Demand Response Program. In these programs, large electric users can earn revenue by curbing their consumption for a few hours in the summer during times of peak usage on the transmission grid Read our newsletter about Demand Response or better yet, contact us to see if you are a good candidate for this program.

Real-time monitoring allows a facility to watch its progress during a Demand Response event to ensure it is meeting its expected load reductions.  If a facility does not reduce its consumption as much as it agreed to, it will earn less revenue from the event

Without real-time monitoring, performance in a DR event must be calculated from interval bill data after the fact and payment is then determined from that information, often in a "black box" environment. Being able to see your progress and make adjustments during the actual event increases transparency and ensures you receive the maximum payment for your participation.  
Quick Links
Our Partners

Electric Cabinet
Sign Up!
Your Energy Manager
Topic: Real-Time Energy Management      
Welcome, IEC Logo

Independent Energy Consultants, Inc. is committed to helping its clients make well-informed and cost-effective decisions regarding their energy supply and consumption. We are sending you this newsletter to help you understand how decisions made, or not made, affect your company's bottom line.
Smart-Metering Empowers Customers

At Independent Energy Consultants our clients have seen firsthand the savings that our competitive bids provide, and have seen the benefits of our Bill Auditing and Energy Accounting services.  As a trusted energy manager we show our clients how to minimize the amount and cost of their electric and natural gas bills. With the advent of smart metering technology, real-time Energy Information Systems (EIS) are another service we provide that allows clients to monitor and control their energy consumption as it happens.  
 
Turnkey Monitoring Solution 

Real-time energy monitoring works by attaching a wireless device to your existing interval meter. This device relays "data" from your meter to our energy monitoring servers, converts it to power intelligence and returns it back to you through web-based software 24 hours a day, 7 days a week.  This allows you or a designated energy manager, like Independent Energy Consultants, to watch your consumption and suggest or take action when unusual patterns present themselves

By monitoring and adjusting electric usage, customers can influence their account's unique load profile.  This is especially helpful to customers interested in shaving demand peaks to reduce costs and/or shifting electric consumption to lower-priced periods, if Time of Use (TOU) rates apply.  The data quantity and quality can also help sourcing new supply contracts.  By having detailed data, all the way down to 5-minute intervals, suppliers know precisely how you consume energy and are able to build in less risk premiums with their offers.    

 

Problem Identification Produces Savings

A common application for real-time energy monitoring is spotting problems with building control systems.  Many facilities today have automated their heating, cooling, and ventilation system controls. These devices are easy to set and forget about, but they can easily be thrown off their schedules. Two examples illustrate this:

 

  • A commercial facility with a building control system regularly sets its heating/cooling back at the end of the day. One night a shift runs late and they manually turn the heat up when things begin to cool down.  Unknowingly the automated system has just been overridden and no longer makes the proper daily setbacks at closing time.  As a result the facility begins using more energy than necessary when no one is in the building.  The issue, however, is easily and quickly diagnosed with a real-time energy monitoring system.  Without it, the problem would likely go unnoticed and the monthly bills would climb.  
Evidence of increased usage at night when building is not in use

 

  • A manufacturing plant notices its electric usage creeping up while weather conditions, hours of operations and production output remain the same. Maintenance crews are then dispatched to inspect equipment and discover motor bearings are beginning to fail on one of the machines.  The excess friction and heat is causing the large motor to consume considerably more electricity than normal.  They are able to easily repair the machine and prevent a catastrophic failure.  The facility is no longer using excess electricity and has avoided a costly and prolonged outage.

 

 
These are common examples of "Phantom Loads" that can increase energy bills by thousands of dollars each year.  In most cases these additional loads go unnoticed, but real-time monitoring lets you identify and resolve issues before the costs add up.   
 
At Independent Energy Consultants we help our clients manage their energy and improve their bottom line.  We offer a variety of services to find savings on your energy bills, and our knowledge and expertise let us develop a strategy that best suits your needs.
Like us on Facebook

          Independent Energy Consultants, Inc. | 215 W Garfield Road Suite 210 | Aurora | OH | 44202