GridPoint Welcomes New CTO and CRO to Leadership Team

 

GridPoint expands executive leadership to deepen technology expertise and support continued growth

RESTON, VA – May 24, 2022 – GridPoint, a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization, today announced two new executive team members, a chief technology officer (CTO) and a chief revenue officer (CRO), to support continued growth.

Mike Ratliff, CTO, will oversee software, hardware and firmware as well as product strategy and IT to ensure alignment in an evolving technology space. Joining GridPoint with over 30 years of technology management experience, Ratliff has designed electrical solutions for grid distribution, including platform software development, hardware and firmware team integration, and re-platforming and commercializing utility-directed distributed energy resource management systems. Previously, Ratliff served as CTO of Comverge and Enbala, and as senior vice president of Utility Solutions for CPower.

Andy Brabender, CRO, is set to lead company growth and profitability through strategic sales efforts and a culture built on transparency, teamwork and accountability. Brabender joins GridPoint with 15 years of experience driving go-to-market teams covering enterprise, mid-market, inside and channel sales, solutions architecture, solutions consulting, marketing and customer success across technology-linked facilities management companies. Prior to GridPoint, Brabender served as executive vice president of Sales and Customer Success at ServiceChannel and CRO at SMS Assist.

“Mike and Andy not only strengthen our technical and business expertise in the energy transition sector, they also bring strategic foresight as we scale to address rapidly increasing demand for sustainability solutions among commercial businesses,” said Mark Danzenbaker, CEO of GridPoint. “With the addition of Mike and Andy, GridPoint will drive greater value for our customers and continue to help the grid evolve toward a greener energy future.”

GridPoint recently announced a new investment from Goldman Sachs and Shell Ventures for $75 million as well as new metrics reporting more than $100 million in energy cost savings and 1.4 billion pounds of carbon emissions avoided from total customer impacts in 2021.

 

About GridPoint
GridPoint is a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization. GridPoint’s data-driven platform connects energy grids with the built environment and behind-the-meter distributed energy resources, enabling the ability to optimize energy and sustainability goals for businesses and the grid at the same time. GridPoint’s technology platform is deployed in 15,000+ commercial buildings across multiple industries. Leveraging data analytics, intelligent automation and machine learning to deliver unprecedented visibility into complex building operations, GridPoint reduces energy costs, maximizes decarbonization, provides actionable facility insights and strengthens resiliency – building by building. Networked together, buildings with GridPoint IntelligenceTM aggregate the reliable, precise and instantaneous capacity that energy grids increasingly require. GridPoint’s intelligent energy network of buildings is driving grid modernization and accelerating the transition to a sustainable energy future. For more information, visit gridpoint.com.


GridPoint Partners with Public Service Company of Oklahoma and ICF to Launch Strategic Energy Management Program for Small- and Medium-Sized Business Customers

 

New Program will Incentivize Utility Customers to Adopt Decarbonization Technology to Reduce Costs and Become More Sustainable

RESTON, VA. – May 17, 2022 – GridPoint, a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization, today announced a new partnership with the Public Service Company of Oklahoma (PSO), an electric utility serving 562,000 customers in eastern and southwestern Oklahoma, and global consulting and digital services provider ICF to launch a strategic energy management program for PSO small- and medium-sized business customers (SMBs). The new program will help PSO customers save money on energy costs, reduce their carbon footprint, gain valuable data about their energy consumption and operate in a more sustainable way. 

 Program participants will use the GridPoint energy management platform to automate efficiency within their building using advanced controls and patented algorithms, uncover additional savings opportunities, evaluate how equipment is performing, and better understand how building operations contribute towards their energy bills.   

 “PSO is committed to equipping our customers with the resources and technology to improve energy efficiency and reduce energy costs,” said Jeff Brown, consumer programs manager, of PSO. “We’re excited to work with GridPoint and ICF to launch this new program, bringing significant energy cost savings to our commercial customers in addition to creating a smaller carbon footprint.” 

 PSO will cover up to 70% of costs for three years of GridPoint services, providing a strong financial incentive for business customers to enroll. To ensure participants fully maximize and benefit from this new technology, ICF will work closely with each business to provide support and training. With this expert guidance, PSO’s business customers will gain a deeper understanding of their building’s energy consumption and how to effectively use GridPoint’s platform.  

 “GridPoint’s technology stands to bring significant energy cost savings to PSO customers and we are eager to support these business owners to ensure they are maximizing the benefits this program can provide,” said Kyle Wiggins, ICF senior vice president and commercial energy lead. “Pairing energy efficiency technology with education and training is a powerful combination that will ensure the program’s success and make significant advances toward decarbonization.”  

 “Small and mid-sized businesses often do not have the time or resources to implement an energy efficiency strategy. We are very excited that PSO is incentivizing its customers to reduce their carbon footprint and making it a very easy process by providing invaluable training and support through ICF to educate business owners on best practices,” said Mark Danzenbaker, CEO of GridPoint. “Not many programs focus on this underserved market – we couldn't be happier to work with PSO and ICF on this initiative.” 

 ICF is a global consulting services company with over three decades of experience developing award-winning demand-side management and energy efficiency programs that touch every phase of the program lifecycle, ICF applies advanced analytics and deep domain expertise to help utilities plan, design and implement best-in-class programs and portfolios. 

 The program is available to SMBs in PSO’s service territory with energy demand up to 200 kilowatts (kW). GridPoint currently partners with more than 20 utilities to deliver decarbonization technology and grid-interactivity to the hard-to-reach SMB market. 

 To learn more about the partnership visit www.PowerForwardWithPSO.com. 

 

About GridPoint
GridPoint is a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization. GridPoint’s data-driven platform connects energy grids with the built environment and behind-the-meter distributed energy resources, enabling the ability to optimize energy and sustainability goals for businesses and the grid at the same time. GridPoint’s technology platform is deployed in 15,000+ commercial buildings across multiple industries. Leveraging data analytics, intelligent automation and machine learning to deliver unprecedented visibility into complex building operations, GridPoint reduces energy costs, maximizes decarbonization, provides actionable facility insights, and strengthens resiliency – building by building. Networked together, buildings with GridPoint IntelligenceTM aggregate the reliable, precise and instantaneous capacity that energy grids increasingly require. GridPoint’s intelligent energy network of buildings is driving grid modernization and accelerating the transition to a sustainable energy future. For more information, visit https://www.gridpoint.com. 

 

About PSO 

PSO, a unit of American Electric Power (Nasdaq: AEP), is an electric utility company serving more than 562,000 customer accounts in eastern and southwestern Oklahoma. Based in Tulsa, PSO has approximately 3,800 megawatts of generating capacity fueled primarily by natural gas, 22,000 miles of distribution lines and 3,700 miles of transmission lines.  PSO also is one of the largest distributors of wind energy in the state. News releases and other information are at www.PSOklahoma.com.  Connect with us on Facebook, Twitter, NextDoor and Instagram @PSOklahoma. 


GridPoint Honored as Silver Stevie® Award Winner in 2022 American Business Awards®

 

GridPoint’s electric vehicle charging solution recognized as a top innovation in the energy industry

RESTON, VA – May 10, 2022 – GridPoint, a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization, announced its electric vehicle (EV) charging solution was named the winner of a Silver Stevie® Award for Energy Innovation of the Year in the 20th Annual American Business Awards®.

“We are honored to be recognized as a Stevie Award recipient for Energy Innovation of the Year,” said Mark Danzenbaker, CEO of GridPoint. “More and more commercial businesses are evaluating and deploying EV charging to better support their own operations as well as their customers’ while adapting to electrification trends. Our solution provides them a way to do so cost-effectively to benefit both business needs and sustainability aspirations at the same time, setting them up for long-term resiliency and success.”

GridPoint’s EV charging solution for small- and mid-sized commercial customers enables businesses to orchestrate energy-consuming equipment, including EV chargers, in order to maximize energy savings and control energy demand at their locations. Customers can enroll eligible building loads into automated demand response programs to gain new revenue streams and support a cleaner, more reliable grid. Additionally, GridPoint provides real-time data and insights, so customers better understand how EV chargers will impact their utility bills and ensure charging stations are an efficient and cost-effective asset to the building. Providing a whole building solution for businesses incorporating chargers at their sites is critical to reducing the overall energy utility cost impacts associated with utilizing electric vehicle charging equipment.

The American Business Awards is a leading business awards program in the U.S., receiving more than 3,700 nominations from organizations of all sizes and in virtually every industry this year. More than 230 professionals worldwide participated in the judging process to select this year’s Stevie Award winners. This recognition validates the need for GridPoint’s technology and strategy of addressing the underserved small- to mid-size commercial market. One judge commented “GridPoint offers such a necessary technology with the focus of moving towards efficient and sustainable energy. The awards and accolades are very inspiring.”

Details about The American Business Awards and the list of 2022 Stevie winners are available at StevieAwards.com/ABA.

 

About GridPoint
GridPoint is a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization. GridPoint’s data-driven platform connects energy grids with the built environment and behind-the-meter distributed energy resources, enabling the ability to optimize energy and sustainability goals for businesses and the grid at the same time. GridPoint’s technology platform is deployed in 15,000+ commercial buildings across multiple industries. Leveraging data analytics, intelligent automation and machine learning to deliver unprecedented visibility into complex building operations, GridPoint reduces energy costs, maximizes decarbonization, provides actionable facility insights and strengthens resiliency – building by building. Networked together, buildings with GridPoint IntelligenceTM aggregate the reliable, precise and instantaneous capacity that energy grids increasingly require. GridPoint’s intelligent energy network of buildings is driving grid modernization and accelerating the transition to a sustainable energy future. For more information, visit gridpoint.com.

 

About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at StevieAwards.com.

Sponsors of the 2022 American Business Awards include HCL America, John Hancock Financial Services, Melissa Sones Consulting and SoftPro.


GridPoint’s Year of Record Growth Demonstrates Increased Demand for Sustainable Practices Among Commercial Businesses

New metrics analyzing total customer impacts in 2021 translate to more than $100M in energy cost savings and 1.4B lbs. of carbon emissions avoided

RESTON, VA. – April 20, 2022 –  GridPoint, a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization, announced new metrics that demonstrate the overall impact of the company’s technology in customer locations throughout 2021. Serving more than 15,000 commercial sites, GridPoint’s platform was adopted at more locations than ever before last year, generated cumulative energy savings of more than $100 million for customers, and eliminated 1.4 billion pounds of carbon dioxide equivalent (CO2e) emissions. The impact of last year’s CO2e reductions is equal to 202,000 tons of waste recycled or 71 million gallons of gasoline not used, according to the U.S. Environmental Protection Agency. 

GridPoint also experienced substantial growth in participation by its customers in automated demand response programs, achieving a nearly 200% increase in grid capacity under management in 2021 vs. 2020. Drivers of growth include today’s landscape of increased energy costs, issues with grid reliability, more frequent power disruptions, and intensified extreme weather events. The dramatic increase in demand response participation substantiates the collective benefit of grid-interactivity for both commercial businesses and the grid. 

“Every company has reason to celebrate the progress toward a more sustainable future, but for GridPoint, the impact is especially meaningful as our growth correlates significant reductions in energy consumption and carbon emissions to dollars saved for our customers,” said Mark Danzenbaker, CEO of GridPoint. “Small and mid-sized commercial buildings are often overlooked as opportunities when it comes to reducing greenhouse gas emissions and other efforts toward sustainability. The compelling achievements of our customers are a clear indication that greener commercial buildings should continue to be leveraged as an important grid resource and as a driver of cost savings and emission reductions.” 

Walgreens, for example, has leveraged GridPoint’s platform to manage energy and optimize its buildings since 2009. Together with GridPoint, Walgreens has reduced emissions by over 80 million kWh annually. Walgreens also participates in demand response programs nationwide managed by GridPoint to curtail load and provide reliable on-demand capacity back to the grid, while keeping essential zones, like the pharmacy, functioning normally.  

In 2021 GridPoint partnered with the Meritage Hospitality Group and is deploying its technology platform across 345 restaurant locations for one of the largest Wendy’s franchise entities.  

Additionally, GridPoint added three new utility energy efficiency and five new demand response programs in 2021, bringing the total utility program portfolio to over twenty, and plans to announce more in the coming months. The programs are designed to help utilities better engage with their commercial business customers and provide greater value to them through energy efficiency, demand response, and decarbonization. Many utilities have approved GridPoint as an efficiency measure and offer significant incentives and rebates to commercial customers to deploy the GridPoint technology platform, including Hawai’i Energy. With energy prices at unprecedented highs in Hawaii, Hawai’i Energy is providing qualified businesses with a 50% rebate to deploy GridPoint’s smart devices and building controls to help their customers save money on energy and better control their electric demand. 

 

About GridPoint
GridPoint is a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization. GridPoint’s data-driven platform connects energy grids with the built environment and behind-the-meter distributed energy resources, optimizing energy and sustainability goals for businesses and the grid at the same time. GridPoint’s technology platform is deployed in 15,000+ commercial buildings across multiple industries. Leveraging data analytics, intelligent automation and machine learning to deliver unprecedented visibility into complex building operations, GridPoint reduces energy costs, maximizes decarbonization, provides actionable facility insights, and strengthens resiliency – building by building. Networked together, buildings with GridPoint IntelligenceTM aggregate the reliable, precise and instantaneous capacity that energy grids increasingly require. GridPoint’s intelligent energy network of buildings is accelerating the transition to a sustainable energy future. For more information, visit https://www.gridpoint.com.

 


Energy-Efficient Commercial Buildings: The Trends and the Cost Savings

When is something a trend, and when is it widespread adoption of technological advancement? Sometimes, what seems like a trend is a significant leap forward.

Throughout history, buildings have been altered to meet the needs of their occupants and incorporate modern, beneficial features. Indoor plumbing, drywall, steel technology, onsite renewable energy sources; the list is endless. Every difference between communities gathered in caves and today's energy-efficient commercial buildings has at one time been a leap forward.

One of the driving forces of the current energy efficiency cost savings "trend" is the global movement to control carbon emissions and reduce commercial buildings' environmental footprint.

In the U.S., 97 billion square feet of floor space are nestled within 5.9 million commercial buildings (as of 2018). And while the past few years have altered the occupancy of these buildings, the fact remains that there has been a steady increase in energy demand over the past decades as a result of the increase in commercial space. To effectively meet the needs of those demands, advancements in energy efficiency have also grown.

Why invest in energy-efficient commercial buildings?

When governments worldwide pledged to have net-zero carbon emissions over the next 30 years, it was a signal to all industries that there was work to be done.

Between 1980 and 2005, commercial floor space in the U.S. grew by 50%. While a helpful statistic to compare over time, floor space isn't the only determining factor of how much energy a commercial site uses. Other factors include energy prices and the systems utilized within that building, such as lighting, HVAC, and more. For small to mid-sized businesses, this is where you can find the most energy efficiency cost savings.

Investing in energy efficiency trends can save you money

Many times, investing in new technologies is simply a smart business move. But other times, it's a little more nuanced than that. While customers might not notice or care what kind of HVAC or lighting systems you have, current estimates show that over one-third of energy is wasted in commercial buildings. That kind of inefficiency wastes money and represents one of the most significant sources of potential cost savings.

It can seem counterintuitive to replace equipment when it's working fine. But there is a threshold when it comes to replacing old equipment and systems, and there are many different commercial calculators that can evaluate the economic advantages of energy-efficient upgrades, retrofits, and projects for your business or building. These handy calculators consider complex numbers such as capital expenditures, operating expenses, and the financial implications of using operational but outdated equipment and systems. Some of the more advanced calculations even include the company's added value after you update, validating the idea that customers and clients see value in inefficient, modern operations.

While many new buildings claim to be carbon-neutral, the most significant potential for increasing energy efficiency is improving, retrofitting, or upgrading existing facilities. These advancements will move us towards decommissioning remaining coal and other fossil fuel plants and cushion your bottom line as your operating costs, maintenance, and energy bills are lowered.

Improving energy efficiency boosts the entire company

Besides meeting federal and state mandates, it's common for local utility companies to offer incentives to improve energy efficiency in commercial buildings within their regions. These incentives, frequently aimed at achieving peak load reductions, can lower your energy costs and elevate the profile of your company and your community.

Building sustainability into your business model does more than contribute to the national and international efforts to reduce carbon emissions, and it even does more than decrease your energy costs.

Including efficiency goals contributes to building a sustainable, long-term viable, and relevant business. Studies show that companies that invest in sustainability improve job satisfaction and the health and productivity of employees while simultaneously improving utility capacity and operational efficiency.

Energy-efficient commercial buildings to strive for

Establishments that take sustainability seriously and are diligent about improving energy efficiency often use various improvements, and some have reached the very pinnacle of energy-efficient commercial buildings.

The Top 10 Energy Efficient Buildings in the World exemplify ingenuity, persistence, and dedication to sustainability. Let's take a peek at the top three.

  1. One Angel Square, Manchester, U.K. Standing 15 stories tall as the headquarters of The Co-operative Group, One Angel Square is an excellent example of combining multiple efficiency programs to produce one hyper-efficient building. The building utilizes low-energy LED lights and I.T. setups, a heat recovery system, and recycles rainwater and greywater. Inside is a combined heat and power plant, doubling down on cost savings and efficiency.
  2. David & Lucile Packard Foundation Headquarters, Los Altos, California. As the world's largest Net-Zero Energy certified building, 95% of the Packard Foundation Headquarters was constructed with recycled materials from deconstructed buildings. Impressively, the building provides 100% of its energy needs with 915 photovoltaic panels and effective use of daylight. Another innovative feature is the rooftop gutters, which collect 20,000 gallons of water for use in the building's bathrooms and irrigation systems.
  3. One Embankment Place, London, UK. Originally built in the early 1990s, One Embankment Place is the first on the list to be a retrofitted, energy-efficient building. Experiencing a massive renovation in the 2000s, it was rewarded with BREEAM's highest recorded worldwide energy efficiency score in 2013, proving that refurbishing buildings can be successful. With one of the largest tri-generation systems globally, the building has reduced its carbon emissions by 51%.

How to improve your energy efficiency and lower your electricity bill

With electricity as the largest energy source for buildings, the possibilities for improvements are a subject of great interest.

One way is to participate in voluntary programs available to commercial buildings. National programs like ENERGY STAR and LEED are available for ambitious, well-funded projects. Still, there are plenty of opportunities and incentives at the local scale by partnering with local utility companies or 3rd parties like GridPoint that specialize in energy efficiency programs for the SMB sector.

If you are looking for the most cost-effective solution, focus on the following systems:

  • Heating & Cooling
  • Lighting
  • Ventilation
  • Appliances
  • Hot water
  • Thermal insulation
  • Windows
  • Building automation and control systems
  • Invest in renewable energy sources

Today, we have access to an incredible array of information to help owners, managers, and operators decide which energy efficiency program, purchase, or retrofit is right. Standards, protocols, differences in geographic area, national or regional climate, the culture of your industry or region, building type, occupancy, and other specifics to your commercial building should be considered when evaluating opportunities to improve your energy efficiency and lower your costs.


GridPoint Closes $75M Strategic Investment from Goldman Sachs Asset Management and Shell Ventures

 

New investment will accelerate deployment of GridPoint’s advanced technology solutions for commercial building decarbonization, sustainability and resiliency.

RESTON, VA. – Mar. 01, 2022 – GridPoint, a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization, today announced it has closed a $75 million strategic capital raise led by the Sustainable Investing Group within Goldman Sachs Asset Management (Goldman Sachs), with additional participation by Shell Ventures.

“Goldman Sachs has been a strong supporter of GridPoint since the company's early days,” said Peter L. Corsell, Chairman & Founder of GridPoint and Global InfraTech Fund Partner at I Squared Capital. “We are now delighted to work closely with Goldman’s Sustainable Investing Group and Shell Ventures in this next, important chapter of GridPoint’s growth.”

“GridPoint is an ideal fit for the climate and sustainability goals of our business and we believe the addressable market is massive with over 30 million commercial buildings under 200,000 square feet across the world,” said Vikas Agrawal, managing director within Goldman Sachs Asset Management. “By leveraging extensive data, automation, and controls to continuously optimize building assets, GridPoint’s platform provides immediate energy savings to customers and a gateway to integrating additional grid-interactive assets like EV chargers, generators, and storage.”

Shell’s global corporate venture capital arm, Shell Ventures, is dedicated to advancing innovative technologies and new business models that have the potential to accelerate the energy transition. It partners with companies that help lower emissions, electrify the energy system, increase data-based insights, and provide innovative solutions. The investment from Shell Ventures advances to further Shell’s existing relationship with GridPoint as a channel partner.

“This new investment will be transformational for GridPoint and is particularly timely due to converging trends and major disruptions impacting energy reliability and costs for commercial businesses,” said Mark Danzenbaker, CEO of GridPoint. “By providing the technology necessary to transform commercial buildings into sustainable grid resources, GridPoint is reducing energy costs and increasing resiliency for customers, driving grid modernization and accelerating the transition to a sustainable energy future.”

GridPoint will use the proceeds of this investment to continue developing its technology platform that makes buildings smarter and more sustainable through data analytics, intelligent automation and machine learning. It will also accelerate the deployment of GridPoint’s innovative solutions in more buildings and, in turn, accelerate the substantial impact of its technology on utilities and energy grids. Funds will be used to accelerate growth by investing in GridPoint’s technology, sales, marketing, delivery, and customer success teams.

Other GridPoint investors include I Squared Capital, TOMS Capital, Twenty First Century Utilities, QVT Financial, Fortress Investment Group and Kensington Capital Partners.

About GridPoint

GridPoint is a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization. GridPoint’s data-driven platform connects energy grids with the built environment and behind-the-meter distributed energy resources, enabling the ability to optimize energy and sustainability goals for businesses and the grid at the same time. GridPoint’s technology platform is deployed in 15,000+ commercial buildings across multiple industries. Leveraging data analytics, intelligent automation and machine learning to deliver unprecedented visibility into complex building operations, GridPoint reduces energy costs, maximizes decarbonization, provides actionable facility insights, and strengthens resiliency – building by building. Networked together, buildings with GridPoint IntelligenceÔ aggregate the reliable, precise and instantaneous capacity that energy grids increasingly require. GridPoint’s intelligent energy network of buildings is driving grid modernization and accelerating the transition to a sustainable energy future. For more information, visit https://www.gridpoint.com.

About Goldman Sachs Asset Management

Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As the primary investing area within Goldman Sachs (NYSE: GS), we deliver investment and advisory services for the world’s leading institutions, financial advisors and individuals, drawing from our deeply connected global network and tailored expert insights, across every region and market—overseeing more than $2 trillion in assets under supervision worldwide as of December 31, 2021. Driven by a passion for our clients’ performance, we seek to build long-term relationships based on conviction, sustainable outcomes, and shared success over time. Follow us on LinkedIn.

About Shell Ventures

Shell Ventures is the corporate venture capital arm of Shell. With major offices in Europe, the USA, India and China, Shell Ventures invests in innovative technology companies, business models and growth plays to further the development of solutions and new technologies that have the potential to accelerate the energy and mobility transformation. For more information, visit https://www.shell.com/shell-ventures.

 


Walgreens Leading the Way for Demand Response

A leader in retail pharmacies, Walgreens believes in giving back to their communities and is committed to reducing their carbon footprint across more than 9,000 locations. GridPoint and Walgreens have been energy efficiency and sustainability partners since 2009 to support expanded global energy and resiliency goals.

When California had rolling blackouts in 2020, Walgreens was able to participate in the Demand Response process they had in place with GridPoint to immediately and voluntarily reduce energy consumption to free up the grid capacity. Learn how GridPoint and Walgreens are helping create the blueprint for how other businesses will interact with utilities and the grid going forward.


Burger King Franchisee Deploys GridPoint EMS Across Entire Fleet

The Challenge

In a quick serve restaurants, there are dozens of energy consuming assets that are critical to the successful operation of the business including HVAC units, kitchen equipment, indoor and outdoor lights. These assets are often required to run throughout the day in order to maintain normal operations and ensure customer comfort, but with a comprehensive energy management system (EMS) in place there are numerous opportunities for savings. As an energy conscious quick serve restaurant, TOMS King deployed GridPoint’s EMS at six initial Burger King restaurants in April 2013. The restaurant operator identified savings opportunities through increased visibility into energy consumption, detailed analysis of trends and issues, and more intelligent control over HVAC and lighting using GridPoint’s EMS. Once GridPoint’s solution proved successful, TOMS King extended it to their entire restaurant portfolio including their many recently-remodeled restaurants in Illinois, Ohio, and Pennsylvania.

Solution

For the initial sites, GridPoint implemented HVAC and lighting controls, installed extensive asset-level submetering and monitored several pieces of equipment as detailed in Figure 1. TOMS King also gained access to GridPoint’s cloud-based software platform, GridPoint Energy Manager, which aggregates and visualizes data collected at each site. Additionally, TOMS King subscribed to GridPoint’s Energy Advisory and Control Support Services to get the most value out of that EMS data while optimizing their fleet of Burger King restaurants.

The Results

TOMS King’s energy savings were driven by several operational improvements including more aggressive, but comfortable HVAC setpoints along with practical temporary adjustment allowances, intelligent morning HVAC recovery and overnight setback, and greater insight into equipment issues with advanced reports and alarms customized for TOMS King restaurants. TOMS King instituted a consistent heating and cooling policy to ensure comfort for guests and more than 2,000 team members. GridPoint recommended a gradual implementation plan, which reduced any perception of abrupt change and allowed for identification of limited exceptions to accommodate unique situations related to building orientation, mechanical system idiosyncrasies, and seasonal variance. For both HVAC and lighting, the GridPoint solution put an end to unnecessary cooling and lighting usage during unoccupied hours. GridPoint also worked with TOMS King to develop a formal process for all heating, cooling and lighting adjustments across their fleet of Burger King restaurants. The GridPoint mobile and desktop applications provide visibility to TOMS King’s Directors of Operations and District Managers along with 24-hour call center support to ensure the energy management program continues to deliver restaurant comfort, operational visibility and energy savings. These tools and policies provide the foundation for continuous commissioning of the facilities and avoids drift away from the goals of the energy management program. In addition, TOMS King lowers energy costs by reduction of consumption and demand peaks using GridPoint’s advanced control strategies. Specifically, HVAC Setback/Recovery and Load Curtailment algorithms, as pictured in Figure 2 below, allow equipment to intelligently approach occupied and unoccupied periods based on automated learning and tolerances established for the program.


VF Outlet Achieved 25% Savings

VF Outlet Achieves over 25% Savings with GridPoint’s Energy Management Solution


BUSINESS SITUATION

VF Corporation, the $12 billion apparel, and footwear giant has long been dedicated to minimizing its carbon footprint and environmental impact. In 2012, the company established corporate-wide energy reduction and sustainability goals across its multiple brands and subsidiaries. Responding to the corporate initiative, VF Outlet sought an energy solution to enhance facility maintenance operations, combat rising energy costs and continually drive energy savings year over year. After considering several options, VF Outlet identified GridPoint’s Energy Management Solution (EMS) as the most comprehensive approach to fulfill their needs. The GridPoint system was installed shortly thereafter at 4 pilot locations.

Noticing immediate results, GridPoint’s EMS was extended to an additional 21 stores over the following 2 years. During that period, VF Outlet’s savings across the fleet averaged over 25%, with individual locations capturing nearly 30% in energy savings. Overall, the entire fleet vastly outperformed expectations, realizing better than a 20 month payback period.

SOLUTION

GridPoint’s solution for VF Outlet utilizes submetering and monitoring devices to collect real-time, granular energy data at the asset-level while additionally implementing HVAC and lighting controls. GridPoint’s cloud-based software platform, GridPoint Energy Manager, then aggregates that data and applies big data analytics to provide valuable tools such as alarms, equipment and site diagnostics, sustainability management, project financial metrics tracking and more. Energy Advisory Services (EAS) and Control Support Services (CSS) complete the solution facilitating energy-saving projects and offering 24/7 site support.

RESULTS

By installing GridPoint’s comprehensive EMS at their sites, VF Outlet gained access to real-time, granular data. This data has empowered them to set corporate policies designed to increase energy savings and avoid peak kW utility charges, diagnose malfunctioning equipment, verify equipment maintenance repairs and predict when costly equipment will need to be replaced. By aggressively regulating facility controls and maintenance operations, the company has taken strides to support corporate sustainability efforts and lessen their carbon footprint while benefiting from over 25% energy savings across sites. Beyond these core savings, the sophisticated approach taken to reduce energy spend by the EAS team has identified an additional wealth of savings opportunities and will continue to uncover more opportunities in the future.


The Source Saw 18% Savings Within One Month

Canada’s largest tech retailer reduces energy spend by 18% and realizes one month ROI with zero downtime with GridPoint.


CHALLENGES

There are many challenges facing the retail industry today; the success of the digital marketplace, rising customer expectations, increased costs, and shifts in customer behavior. Like many other companies, The Source was challenged to improve both operational efficiencies and customer experience. With rising utility rates and hundreds of locations across Canada, there were significant increases in utility costs over the past few years. Finding an IoT solution that could help save energy costs became a priority. The Source needed a solution that would provide real-time control and insight into energy usage in order to maximize savings. Plus, it had to be scalable, allowing multiple locations to be controlled remotely. Lastly, it needed to be installed with minimal disruption to customers and staff.

SOLUTION

The Source piloted GridPoint’s Energy Management platform at two locations for three months at the recommendation of GridPoint partner, Bell Canada. The solution is a comprehensive cloud-based suite of hardware, software and services. It provides a single point of control to monitor and manage energy-consuming assets, such as HVAC and lighting systems, ensuring operational consistency and predictable energy spend.

The Source started realizing the benefits of the solution immediately. The cloud platform provided a single point of control to monitor and manage HVAC systems in all stores. Pre-defined and pre-scheduled store temperatures ensured a consistently comfortable environment for customers and staff, and took the responsibility off of store managers. Analytics monitored for anomalies in HVAC performance, and triggered notifications if issues were detected. The Source could then schedule proactive maintenance to help avoid costly future repairs or uncomfortable outages, if necessary. Being able to do all of this and more from one centralized platform simplified operations and helped keep track of historical data to better plan for the future.

RESULTS

The pilot was very successful. It only took one month for The Source to see a return on investment, and within three months energy costs were reduced by 18%. But energy savings were just one of the overall benefits. The combination of granular data collection, advanced analytics and intelligent controls enabled continuously improving energy savings, increased facility efficiency and enabled more informed capital planning. Plus, with automated temperature control, there’s one less thing for busy store managers to worry about.

As a result of the pilot’s great success, The Source has started rolling out the solution to 50 more stores across Canada this year. The Source will continue to partner with Bell on future solutions that will help them become more efficient while enhancing customer experience.