Reducing demand for energy requires real-time data
Utility companies recognize that energy efficiency practices are the cheapest option to meet power demand and reduce the stress on an aging infrastucture. In addition, states and public utility commissions across the US have mandated energy savings initiatives to combat climate change. Furthermore, revenue decoupling provides an incentive for utilites to reduce energy consumption.
Key to driving energy reduction or meeting energy reduction requirements is providing utility customers visibility into their energy cost drivers.
Help your customers reduce energy spending with real-time monitoring
Noveda's energy management solutions provide a powerful platform for utilities to drive energy savings for their customers and reduce demand. Leveraging our real-time monitoring data, customers can uncover the source of energy waste and gauge the impact of actions taken to eliminate waste. According to the EPA, as much as 30% of the energy used in buildings is either wasted or inefficiently used. Specifically:
Optimize your investment in wind/solar PV
Utilities are expanding their investment in renewables to meet increasingly, aggressive renewable portfolio standards (RPS). Whether it is for one installation or for a portfolio of sites, we monitor from string level to the panel surface and the inverter, ensuring you maximize your return on solar PV at minimal maintenance cost. See how PSE&G, the oldest utility in the US, uses Noveda's Portfolio Operator's Portal to monitor its entire solar PV portfolio.
Noveda solutions can help you improve your communication and reporting
All levels of government are keenly aware of the need for transparency - particularly when it comes to taxpayer dollars. But reduced staffing levels, budget constraints and the regulatory environment make this a struggle. Noveda’s social media-based platforms, web widgets and competitions enable you to communicate your sustainability achievements to your stakeholders, in real-time. In addition, we can generate the reports to meet any regulatory requirements.
Whether you are a public or an investor owned utility, drive energy savings for your customers and reduce demand with the Noveda A+ solution; a software as a service (SaaS) solution that works right out of the box, with no software to maintain or upgrade, and data that is accessible from anywhere.
Contact us and start saving right away.