Strong Curtailment Performance from GridPoint Customers Helps Keep the Lights on in California During September Grid Emergency

 

On Tuesday, September 6, record-breaking temperatures in California drove record demand for electricity throughout the state, resulting in an Energy Emergency Alert (EEA) from California Independent System Operator (CAISO) and the possibility of blackouts. Peak demand hit an all-time high of over 52 gigawatts (GW).

PG&E, California’s largest power company, notified more than half a million homes and businesses that they could lose power for up to two hours as temperatures reached nearly 116 degrees. These emergencies have become more common in California as extreme weather has become more prevalent, exposing grid vulnerabilities as the state undergoes a transition to a cleaner generation mix. CAISO’s EEA3 alert– the highest level emergency alert – indicates that energy supply reserves cannot meet anticipated demand. During this alert, utilities can be instructed to initiate controlled rolling outages to limit energy demand and stabilize the grid before more widespread, severe blackouts occur.

The GridPoint team was monitoring the emergency and immediately called upon our network of grid-interactive buildings throughout the territory to reduce demand. Our network has been participating throughout the demand response season and is uniquely positioned to respond in these types of emergencies quickly and reliably. The California governor's office issued historic proclamations, allowing for the use of back-up generators, both diesel and gas, to be utilized to prevent grid collapse. The Emergency Load Response Program (ELRP) was also dispatched, calling upon every grid-connected building, vehicle, and battery to do its part to keep the lights on.

Through these widespread demand response initiatives, energy consumers throughout California were able to reduce demand between 4-9 p.m. on September 6, to support the grid and avoid catastrophic blackouts. The level three emergency was reduced to level two later that evening and demand response continued to play an integral role in keeping the lights on throughout the remainder of the heatwave.

CAISO system demand on September 6, 2022

 

Through Open Automated Demand Response (OADR) certified technology, GridPoint immediately responded to these emergency conditions. Within 20 minutes of the emergency signal, GridPoint’s automated load curtailment was underway across the state. As the high-risk conditions persisted, GridPoint continued to work with customers to provide instantaneous, reliable, consistent load back to the California grid on-demand. GridPoint’s curtailment strategies enabled participating business customers to continue operating as usual while providing virtual capacity back to the grid.

Demand response has typically focused on residential and industrial sectors, but GridPoint’s approach enables commercial buildings to be utilized as a grid resource as well. These recurring power disruptions along with rising costs, energy mandates, and increased electrification are all trends putting the energy transition at the forefront of business stakeholder priorities. Being proactive about an energy strategy is not just best practice, it is becoming increasingly required for power reliability and business continuity.

GridPoint already had megawatts of load registered for demand response programs across California, all of which were dispatched four consecutive days in a row for in California’s largest utilities, including: SDG&E, SCE, PG&E, SMUD, and LADWP.

Heat map of demand response events called across California

 

GridPoint also worked with customers to quickly enroll more sites in the state into demand response programs. Long-time customer, Walgreens voluntarily enrolled locations in addition to previously enrolled California sites that were already participating in demand response programs to help prevent an all-out disaster.

On Friday, September 9, GridPoint participated in the single largest dispatch in the company’s history for the Emergency Load Reduction Program (ELRP) with help from our partners Leap and Recurve. Overall, GridPoint dispatched sites across eight different programs. GridPoint delivered many megawatts of relief for the grid with preliminary data showing performance between 95%-120% against nominations. This high performance can be partially attributed to high levels of participation among customers with low opt-outs and partially to additional sites opting in during the emergency. Because demand response is fully automated for customers through GridPoint’s platform, participation is easy with minimal site impact. In total GridPoint participated in 15 unique events in CAISO territory and were dispatched for a total of 14.5 hours across four days of emergencies.

 

Averaged daily curtailment trend from 9/6 - 9/9

GridPoint’s success was due in large part to customers who permitted GridPoint's demand response team to respond to emergency conditions with additional voluntary curtailment. The confluence of events that contributed to these emergency conditions will continue to happen as the United States energy grid transitions to higher quantities of renewable generation. Increased awareness, more common grid emergencies, and skyrocketing utility bills are all factors leading to more commercial demand response participation. This year we saw a 30% increase in customer participation in demand response and a 25% increase in enrolled capacity over last year in California.

Daily snapshot of event curtailment duration by utility territory

In 2022, GridPoint doubled the number of available demand response programs, diversified program types, and stacked incentives to provide greater customer value and promote engagement. Customers in California may have previously only been eligible for one or two programs, but now can participate in an average of six programs per location to customize participation and better fit their strategies to business requirements. GridPoint also develops custom demand response strategies by orchestrating assets within a building together to automatically curtail load while maintaining required comfort levels at the site. By breaking down barriers of participation for the commercial sector, GridPoint is creating a network of efficient, grid-interactive buildings that can be scaled quickly and called upon to manage grid conditions as-needed.

 


Hurricane Readiness at your Facility

 

With Hurricane Ian quickly approaching, facility managers are taking precautions to minimize damage. As a reminder, the GridPoint team is available to assist customers in any way we can during the storm. If your business has locations in Ian’s path, here are a few things to help you prepare for the storm and what to do if your site encounters an issue.  

  1. If you are adjusting business hours for sites in the storm’s path, contact our support team to help adjust the site hours by calling 866-800-8906, option 1. 
  2. If you have access to GridPoint Energy Manager (GEM) and you have sites that may experience power outages:  
    • Use GEM to see which sites are experiencing an outage by selecting all your sites in the Site Tree and navigating to Site Details on the top right of the homepage. 
    • If a site has power and the controller is not displaying as connected, please perform a reset using these instructions for the type of controller you have installed. 
      • EC-2000 Controller:  
        • Use a paperclip to access the pinhole reset at the bottom of the controller  
        • Upon rebooting, a screen should appear 
        • Wait a few minutes before testing 
      • EC-1000 Controller: 
        • Depress the plastic clips at top and remove the faceplate 
        • Unplug the ethernet cable (should be in left port under the touchscreen) 
        • Hold the reset button for 3 seconds 
        • As the screen boots back up, reconnect the ethernet cable into the ethernet port on the left side. Reboot may take up to five minutes.  
      • EC-100 Controller: 
        • Make sure the USB adapter is removed 
        • Press and release the white button on the top of the controller 
    • If after the reset the controller still appears offline in GEM, please call GridPoint Support to troubleshoot further at 866-800-8906, option 1.  

 3. If a controller is displaying as offline at your site but the site has power:  

    • Your thermostats will remember the schedule and your units should continue to operate as expected. 
    • The data will not be visible while the controller is disconnected. When the controller comes back online, the data will be backfilled. 

Businesses in high-risk zones typically have structured emergency protocols. However, protecting costly, essential equipment like HVAC units is often overlooked. Below are a few tips on how to avoid damage to your HVAC units and further minimize downtime during and after the storm. 

Why is it important? 

  • High winds from a storm or hurricane can easily damage the fins of HVAC units, and in some extreme cases, dislodge the units from their mounting base. 
  •  Exposure to a small amount of water can cause corrosion and damage, even if the outside of the unit looks dry. If saltwater gets in the units, the wiring and valves can quickly get corroded.  
  • Units that are kept on during the storm can get significantly damaged from power surges caused by lightning and other broken power lines. 

What can you do? 

There are a few simple steps that you can take to prepare your HVAC units for extreme weather. This can help your facility avoid major damage, costly repairs or replacements, and extended downtime after the storm.  

Before the Storm 

  • Cover your HVAC unit to keep debris out and prevent water flooding into the interior components. 
  • Tightly secure your unit down with hurricane straps; heavy winds can dislodge components of the unit. 
  • If floodwater is a concern, have your HVAC unit placed on an elevated platform. 
  • Understand how your unit is performing prior to the storm to evaluate whether the storm had an impact on performance. You can do this through data collected by an energy management system (EMS) or through a preventative maintenance check. 

During the Storm 

  • Turn off the breakers to your AC or heat pump and indoor air handler or gas furnace to avoid damage caused by power surges when power is restored. 
  • Turn off the gas supply to furnaces to prevent leaks. 

After the Storm 

  • Do not turn on your HVAC system right after the hurricane has passed. 
  • Remove the tarp or cover and inspect the unit for any signs of damage. 
  • Remove any debris that may have lodged around the unit. 
  • If there is any indication of flooding in or around the unit, do not restore power or turn on the thermostat until a technician has checked the unit and confirmed that it is safe. 
  • Utilize GridPoint’s HVAC testing tools or have an HVAC technician test each unit to ensure everything is properly working.
     

Smart building technology, such as GridPoint’s, provides facility teams with greater visibility into how their facilities operate during these stressful, severe weather events. Users can view performance graphs across their sites in real-time, as well as monitor power quality and energy consumption at sites that are in a storm’s impact path.  

Please reach out to the GridPoint team with any questions at 866-800-8906, option 1 and stay safe! 

 


GridPoint Partners with Evergy and ICF to Launch Virtual Energy Management Program for SMBs in Western Missouri

 

With 100% of costs covered for a three-year subscription, this new program for Evergy business customers offers major incentives to adopt energy efficiency technology that reduces costs and carbon footprint

 

RESTON, VA. – September 27, 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 Evergy, an electric utility serving more than 1.6 million residential, commercial and industrial customers in western Missouri and eastern Kansas, and global advisory and digital services provider ICF to launch a virtual energy management program for small- and medium-sized businesses (SMBs).

The new program will provide Evergy Missouri business customers with energy advisory support and training, helping them decrease energy costs, reduce carbon emissions, and apply valuable data insights to their energy strategies – all to accelerate sustainable building operations. Participants in the program can expect to reduce energy costs by 10%. The partnership program serves as a model for utilities in other U.S. regions seeking to accelerate the transition to a sustainable energy future.

“SMBs have great potential for contributing to sustainability goals in the energy and facility management space, which is why we’re thrilled to offer this program to our small business customers,” said Natalie Gray, manager, energy efficiency products and services at Evergy. “Our partnership with GridPoint and ICF creates a valuable opportunity for SMBs to implement energy efficiency technologies in buildings, set sustainability goals and achieve a smaller carbon footprint – all while contributing to decarbonization across western Missouri.”

There is a clear opportunity to improve the energy efficiency and operations of commercial buildings, which have been historically under-represented in energy programming because the needs of each building site and portfolio vary widely. Buildings generate nearly 40% of global GHG emissions, and in the U.S., commercial buildings consume 35% of total electricity. This means a sustainable future is not possible without reducing energy consumption of the built environment.

Participants in the program will employ the GridPoint energy management platform to automate efficiency in their building(s), using advanced controls and patented algorithms to identify savings opportunities, evaluate equipment performance and recognize the effects of building operations on energy costs.

Evergy will help SMBs overcome financial barriers to enrolling in the sustainability program by covering 100% of the cost of a three-year subscription. To qualify, participants must operate within the Evergy Missouri service territory with five locations or less and attend at least one Evergy workshop focused on optimizing energy system performance for businesses. Providing support and training as the Evergy program implementer, ICF will work closely with each business to maximize benefits of the program, including gaining a deeper understanding of their building’s energy usage, utilizing GridPoint’s energy manager platform effectively and optimizing energy consumption based on data analysis.

“As we work to maximize benefits and value for Evergy customers, GridPoint’s technology and platform is a great fit with our efforts to help business owners identify, manage and achieve sustainable building energy practices,” said Kyle Wiggins, ICF senior vice president and commercial energy lead. “The Evergy program not only provides the energy efficiency technology, it also offers a deeper training component to improve customer engagement. This educational element will drive greater impact and the program has great potential to expand to include other utilities in other markets.”

“We’re constantly working toward a sustainable energy future, and we’re seeing an opportunity to grow an impactful network of energy-efficient buildings through utility programs,” said Evan Conley, vice president of strategic partnerships at GridPoint, which participates in more than 20 utility program markets. “This program will make it easier for Evergy customers to adopt sustainable building technology in a cost-effective way, accelerating the energy transition in the process. The benefits are clear and we’re excited to join ICF in this new partnership.”

To learn more about the Evergy program, click here. To read further about other utility programs led by GridPoint and ICF, click here.

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 16,000+ 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 Intelligence™ 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 Evergy, Inc.
Evergy, Inc. (NYSE: EVRG) serves approximately 1.6 million customers in Kansas and Missouri. We were formed in 2018 when long-term local energy providers KCP&L and Westar Energy merged. We generate nearly half the power we provide to homes and businesses with emission-free sources. We support our local communities where we live and work and strive to meet the needs of customers through energy savings and innovative solutions.

About ICF
ICF is a global consulting services company with approximately 8,000 full- and part-time employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. Learn more at icf.com.

 


GridPoint Partners with TimberRock to Simplify Carbon Emission Management for Commercial Businesses

 

Auditable carbon accounting reporting combined with automated building controls helps businesses manage emissions in real time to drive a more sustainable future

 

RESTON, VA – September 15, 2022 – GridPoint, a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization, in partnership with TimberRock, a software and energy solutions provider that helps organizations account for and reduce their energy emissions, today announced a new, innovative technology integration that delivers a simplified carbon accounting, management and reduction platform for commercial businesses looking to comply with climate-related emission disclosure guidelines and drive emissions reductions.

As a growing number of corporations launch sustainability initiatives, adopt environmental, social and governance (ESG) standards, and work toward net zero emissions, the GridPoint-TimberRock partnership addresses an increased demand for standardized, accurate data and reporting on carbon reduction metrics. Additionally, governing bodies like the Securities and Exchange Commission are considering new requirements to disclose direct greenhouse gas emissions (Scope 1), indirect emissions (Scope 2) as well as emissions that are the result of activities from assets not owned or controlled by the reporting organization (Scope 3).

“Combining TimberRock’s insights alongside GridPoint’s platform significantly enhances the data available to businesses as they transition toward net zero emissions,” said Mark Danzenbaker, CEO of GridPoint. “The integration will equip businesses with visibility into their carbon footprint, controls to help adjust emissions in real time and reporting capabilities to adhere to oncoming environmental impact regulations.”

TimberRock’s E-IQ platform provides accurate and auditable greenhouse gas and carbon reduction metrics, including Scope 1, 2 and 3 emissions, that are ready for third-party validation to support customer sustainability reporting. Data on carbon reduction metrics has a wide range of applications, including tracking progress of sustainability initiatives, reporting on ESG compliance and anticipating future regulations as governing bodies consider added requirements for emissions reporting.

Beyond AccountingTM, the combination of TimberRock and GridPoint’s data unlocks new pathways for CO2e reduction. Customers can adjust building performance to a variety of factors like energy cost savings, utility signals like demand response and now, carbon emissions. Customers can automate and orchestrate energy-intensive equipment and distributed energy resources (DERs) within a building to reduce electricity demand at times when energy production is most carbon intensive. These CO2e mitigations are quantified via immutable record and ready for audit or third-party verification.

“Many organizations are committed to achieving net zero emissions but lack both the data to account for CO2e and the tools to then reduce it,” said Brent Hollenbeck, founder and CEO of TimberRock. “We’re excited about the integration with GridPoint’s platform as it addresses both of these challenges and provides companies the tools needed to achieve their goals.”

 

About TimberRock
TimberRock believes in an emissions-free energy future in which decarbonized energy is abundant, accessible, low-cost and reliable. TimberRock's mission is to deliver the technology and services that achieve this future via it’s E-IQ platform. E-IQ is deployed across 100-million square feet of buildings today and provides energy emissions "impact" accounting that enables the journey to net zero energy emissions. For more information, visit www.trock.io.

 

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 16,000+ 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 Intelligence™ 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 Welcomes New VP of Product to Executive Team

 

Experiencing a year of record growth, GridPoint further extends leadership team to focus on product development investments

RESTON, VA – August 31, 2022 – GridPoint, a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization, today announced Tom Barbour has been named vice president of product to concentrate on product development investments and support recent growth.

Barbour will lead product development investments and decarbonization efforts across a variety of energy management product solutions, covering traditional building controls as well as emerging markets such as battery storage and electric vehicle charging. Joining GridPoint with over 10 years of experience delivering energy management solutions to the global electricity market, Barbour served as vice president at demand response provider, Comverge, where he was instrumental in scaling its demand response platform before the company was acquired by Itron in 2017. As director at Itron, a global innovator changing the way utilities and cities manage energy and water, Barbour proceeded to integrate his expertise across a number of complimentary solutions.

“An industry expert in grid interactive technologies and energy efficiency programming, Tom brings a unique perspective to customer challenges and will help accelerate our progress toward a more sustainable energy future,” said Mark Danzenbaker, CEO of GridPoint. “As we continue working to remove the barriers keeping commercial businesses from adopting greener energy solutions, Tom will be a strong asset to not only GridPoint’s current focus but for new and emerging markets as well.”

In May 2022, GridPoint welcomed two new executive team members to deepen its technology expertise. Mike Ratliff, CTO, oversees software, hardware and firmware as well as product strategy and IT to ensure alignment in an evolving technology space and Andy Brabender, CRO, leads company growth and profitability through strategic sales efforts and a culture built on transparency, teamwork and accountability.

Additionally, GridPoint recently announced 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 16,000+ 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 Intelligence™ 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 Receives the 2022 Global Customer Value Leadership Award for AI-Driven Building Energy Management from Frost & Sullivan

 

GridPoint earns prestigious industry recognition for its flexible technology platform designed to support underserved small- and medium-sized commercial buildings

RESTON, VA – August 24, 2022 – GridPoint, a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization, announced today it has been named the 2022 Global Customer Value Leadership Award recipient by Frost & Sullivan. This award recognizes GridPoint’s efforts in making smart building technology more accessible to the commercial sector, which has a direct impact on significantly reducing energy demand across the current built environment. 

“Ninety percent of commercial buildings in the U.S. are under 50,000 square feet and are largely underserved in energy programming, however engaging SMBs and enterprises operating these smaller buildings are imperative to decarbonization efforts,” said Mark Danzenbaker, CEO of GridPoint. “These types of businesses need an energy management solution that reduces complexity and costs. GridPoint is able to provide this through a unique business model and customer experience that removes technology deployment barriers, drives immediate value and accelerates a more sustainable energy future.”

Rising energy costs, increasing electric grid disruptions and mass electrification trends are creating a critical need for buildings to take a more active role in operating more efficiently to better manage energy consumption behind the meter. Frost & Sullivan has highlighted GridPoint's smart building energy management platform for connecting energy grids with the built environment and other distributed energy resources, enabling the ability to optimize energy and sustainability goals for businesses and the grid at the same time. However, high costs remain a significant challenge – specifically for SMBs, thus limiting market adoption. To address this, GridPoint offers its integrated platform as a complete, cloud-based software solution that holistically addresses evolving energy management and building automation needs. Further, GridPoint’s platform enables customers to manage an isolated asset in a building, a group of buildings, or their entire building portfolios on a single portal seamlessly. 

“GridPoint’s success in consistently delivering market-leading outcomes enables it to ensure optimal customer satisfaction,” said Sama Suwal, Best Practices Research Analyst, Frost & Sullivan. “As a result, the company maintains the industry’s lowest customer churn rates, retaining nearly 100% of its existing customer base. Moreover, the company’s exemplary performance continues to attract new customers, with its client portfolio expected to exceed 150,000 building sites by 2026.” 

Frost & Sullivan applies a rigorous analytical process to evaluate multiple nominees for each award category before determining the final award recipient. The process involves a detailed evaluation of best practices criteria across two dimensions: business impact and customer impact. 

In 2020, Frost & Sullivan recognized GridPoint for its competitive strategy, solution innovation and product leadership in the energy management domain and remains impressed with the company’s continuing innovation and sustained leadership. 

For more information, download the full report here.

 

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 16,000+ 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 Intelligence™ 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 Frost & Sullivan 

 For six decades, Frost & Sullivan has been world-renowned for helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.


GridPoint Named to the 2022 Inc. 5000 List of Fastest Growing Companies in America

 

Following a record year of growth, GridPoint is named for the second straight year to Inc. 5000’s exclusive annual list

RESTON, VA – August 16, 2022 – GridPoint, a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization, today announced it has been named to Inc. Media’s 2022 Inc. 5000 list of the nation’s fastest-growing private companies for the second straight year.

“Growth is a major driver for us at GridPoint because the impact can be directly linked to our progress toward accelerating a sustainable energy future,” said Mark Danzenbaker, CEO, GridPoint. “For our customers, growth translates to reduced energy consumption, lower carbon emissions and significant cost savings; for the grid, growth represents an increased demand for cleaner practices resulting in enhanced resiliency. This achievement is a testament to the people and technology behind the GridPoint platform, and we’re proud to be making a difference.”

Serving more than 16,000 commercial sites, GridPoint’s platform was adopted at more locations than ever before in 2021, generating cumulative energy savings of more than $100 million for customers and eliminating 1.4 billion pounds of carbon dioxide equivalent (CO2e) emissions in one calendar year alone. GridPoint also nearly doubled the number of megawatts enrolled in demand response programs compared to 2020 and continues to add innovative programs to its customer portfolio.

The 2022 Inc. 5000 is ranked according to percentage revenue growth when comparing 2018 and 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. Honorees had to be U.S.-based, privately held, for profit and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. Companies named to the Inc. 5000 are featured in Inc.’s September 2022 issue.

“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” said Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."

For 40 years, Inc. has generated its 5000 list by looking at how the most successful independent and small businesses navigate an ever-changing economy. The 2022 honorees were chosen according to percentage revenue growth when comparing 2018 and 2021. For the full Inc. 5000 list, including company profiles and an interactive database, please visit: https://www.inc.com/inc5000/2022.

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 16,000+ 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 Intelligence™ 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 Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. For more information, visit www.inc.com.


GridPoint Wins 2022 AI Breakthrough Award for Best Decision Management Solution

 

GridPoint earns global, artificial intelligence industry recognition for its data-driven technology platform that delivers energy efficiency and resiliency to buildings and the grid

RESTON, VA – June 28, 2022 – GridPoint, a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization, announced it was named a winner in the Best Decision Management Solution category in the fifth annual AI Breakthrough Awards.

“We’re in great company with the AI Breakthrough Award winners, and it’s an honor that our efforts to accelerate the transition to a sustainable energy future were recognized by this prestigious award,” said Mike Ratliff, CTO of GridPoint. “GridPoint’s platform leverages AI and patented algorithms to provide visibility into complex building operations in order to help businesses automate efficiency and generate cost savings. The platform uncovers best-fit energy strategies to set businesses up for long term success by not only increasing the value of the buildings, but also making those buildings more resilient to quickly changing energy trends.”

GridPoint redefines energy optimization by connecting businesses, buildings and the grid to make companies more efficient, energy grids more reliable, and create a more sustainable future for everyone. The data-driven platform analyzes millions of data points to help businesses make better decisions. By transforming the way commercial businesses use energy, GridPoint unlocks the decarbonization, sustainability, and grid resiliency required for a cleaner, more efficient tomorrow.

The AI Breakthrough Awards received nearly 3,000 submissions globally for the 2022 program, which is dedicated to performing the deepest evaluations of the global AI industry each year to recognize and highlight the “breakthrough” AI solutions and companies. More details along with the list of 2022 winners are available at AIBreakthroughAwards.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 gridpoint.com.

 

About AI Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AI Breakthrough Awards program is devoted to honoring excellence in Artificial Intelligence technologies, services, companies and products. The AI Breakthrough Awards provide public recognition for the achievements of AI companies and products in categories including AI Platforms, Robotics, Business Intelligence, AI Hardware, NLP, Vision, Biometrics and more. For more information, visit AIBreakthroughAwards.com.


Aloha Petroleum Achieves Significant Energy Reduction and Cost Savings Through Hawai‘i Energy’s Smart Device Incentive Program Powered by GridPoint’s Technology

 

Hawai‘i Energy’s unique business rebate program, combined with GridPoint’s smart building technology, bolsters efficiency across 30 locations and helps the brand contribute to Hawai‘i’s sustainability goals

RESTON, VA – June 23, 2022 – GridPoint, a leader in building energy management and optimization technology, and Hawai‘i Energy, the energy efficiency and conservation program for Hawai‘i, Honolulu and Maui counties, today celebrates the success of Aloha Petroleum’s participation in Hawai‘i Energy’s innovative Smart Device rebate offer. Leveraging GridPoint’s technology, Aloha Petroleum has achieved over 13% average reduction in energy use over the past twelve months, with one month reaching nearly 17% averaged savings across 30 locations throughout the state.  By becoming more efficient, Aloha Petroleum makes the business more resilient to volatile energy costs, reduces operational costs, and supports Hawai‘i’s sustainability goals of achieving 100% clean energy by 2045.

As energy costs in Hawai‘i are among the highest in the U.S., Hawai‘i Energy launched its Smart Device rebate offer in 2021 to help Hawai‘i businesses deploy smart building technology that displays their energy usage in real-time, allowing them to better manage their facilities and reduce utility bills. Hawai‘i Energy offers qualified businesses a 50% rebate, up to $5,000 per site, on the cost to purchase and install GridPoint’s smart building controls at their locations. 26 Aloha Petroleum locations received the full Smart Device rebate, reducing the monthly subscription cost for GridPoint’s platform in half. To further put the total ROI in perspective, for every $1 spent on GridPoint’s technology over these 12 months, Aloha Petroleum saved over $12.50. Hawai‘i Energy’s Smart Device rebate is specifically designed to support quick-service restaurants, convenience stores, grocery stores and other facilities with high rates of energy use driven by air conditioning and refrigeration.

“Thanks to Hawai‘i Energy’s incentive, we were able to install GridPoint’s technology at all of our eligible locations throughout Hawai‘i,” said Butch Galdeira, regional director of retail and restaurant Operations at Aloha Petroleum. “Our initial savings were almost 13% and the reporting provided by GridPoint’s platform allows us to better understand how efficiently our HVAC units are operating and what we can do to continue to conserve energy and reduce costs without impacting the comfort of our customers and staff.”

”As we continue to support local businesses in their efforts to reduce energy costs in a challenging economy, providing them with access to real-time data is critical,” said Caroline Carl, executive director of Hawai‘i Energy. “Being able to lower usage by simply applying controls and awareness rather than requiring major equipment upgrades means that businesses can ultimately keep more of their revenue while still saving hundreds or even thousands annually.”

GridPoint’s technology automates building efficiency, using advanced controls and patented algorithms to identify opportunities for operational cost savings, evaluate equipment performance and recognize the effects of building operations on energy costs. Once the platform was installed and commissioned, GridPoint’s HVAC Health tool identified 12 locations with pre-existing HVAC issues, categorizing the issues by severity. The Aloha Petroleum team was then able to use those insights to prioritize maintenance and ensure their equipment was operating safely and efficiently. The HVAC Health tool continues to be used by the team to periodically evaluate their systems enterprise-wide and proactively schedule maintenance to avoid costly issues resulting in downtime at a site.

GridPoint’s energy advisory support and training helped Aloha Petroleum not just conduct predictive maintenance of its facilities to avoid costly issues down the road but also proactively manage its carbon footprint, including the ability to analyze real-time data from all 30 locations at once, applying valuable data insights to its overall sustainability strategy that to accelerate decarbonization across their sites.

“Commercial buildings, like those owned by Aloha Petroleum, provide a major opportunity to improve energy efficiency quickly resulting in benefits for both businesses and energy grids,” said Mark Danzenbaker, CEO of GridPoint. “Aloha Petroleum’s incredible return on investment demonstrates the high value of incentive programs, like what Hawai‘i Energy offers, to reduce the financial burden on businesses and accelerate participation in the clean energy transition.”

To learn more about GridPoint’s custom solution for Aloha Petroleum, visit https://www.gridpoint.com/resources/case-studies/hawaii-energy/. To learn more about Hawai‘i Energy’s rebate for smart devices, visit https://bit.ly/3NWTXsQ.

 

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 Hawai'i Energy
Hawai‘i Energy helps island families and businesses make smart energy choices. We encourage and reward energy decisions that will allow our state to reach 100% clean energy faster and cheaper. To date, we have saved the people of Hawai‘i more than a billion dollars off their energy bills. Let Hawai‘i Energy be your trusted energy advisor to help save you money and protect what makes Hawai‘i so special. For more information, please visit hawaiienergy.com/about.


GridPoint Ultimate Guide: Energy Management Technology

Energy management systems can be complex and confusing, but they don't have to be. This guide will give you the tools to know what an energy management system is and how it works, as well as how to find the right vendor for your needs.

Energy management systems (EMS) offer a complete solution for companies to optimize their energy usage with modern technology. In this guide, we cover everything you need to know about EMS, including:

  1. Opportunities that energy management can bring to commercial buildings
  2. The technologies and infrastructures behind EMS
  3. The structure of modern energy management systems
  4. A checklist for choosing the right EMS providers

Related: Energy Management Vendor Checklist


Market Overview: The Energy Management Imperative

Energy management is one of the best ways for companies to future-proof their operations. External market forces – from rising energy costs to an aging grid to an evolving energy landscape – are accelerating the need for organizations to adapt and update their approach to energy management.

An alarming chart from IEA.org shows the increase in CO2 emissions due to electricity generation around the world.

CO2 emissions from electricity generation factors, World 1990-2019

Source: IEA Energy and Carbon Tracker 2020 | Documentation

Notes: CO2 emissions from electricity generation and thermal efficiency include CHP electricity plants.

 

What’s more, consumers continue to demand operational transparency and sustainability. The commercial real estate landscape has changed drastically from the pandemic, forcing the conversation on commercial efficiency. Ultimately, energy management not only streamlines and improves operations, but it also offers companies a foundational competitive advantage.

The Key Benefits of An Energy Management System

The benefits of energy management systems are many: they can add to top-line revenue, reduce energy costs, help companies meet sustainability goals, increase operational efficiency, and make businesses more resilient.

  • Improved bottom-line savings: Energy is a significant expense for most organizations. Energy management systems help companies understand where energy is being used, and how to reduce consumption levels without sacrificing output. The result is lower utility bills and a competitive advantage over peers in terms of operating costs.
  • Potential top-line revenue: Energy management systems can potentially generate top-line revenue through utility programs and partnerships. They can also streamline operations so resources are freed up and re-allocated toward revenue-generating areas of the business.
  • Actions for climate and sustainability goals: In recent years, organizations have faced increasing pressure to set and meet carbon emission targets, and reduce their environmental impact. Energy management systems show a commitment to ESG goals and deliver measurable results toward sustainability targets.
  • Better operational efficiency: The pandemic shined a new light on the importance of operational efficiency. Through energy management software systems and other technologies, businesses can optimize operations by saving time, money, and resources.
  • Energy resiliency: Businesses need to be prepared for factors from severe weather to economic shifts. EMS helps companies stay energy resilient, nimble, and better prepared for unexpected events.

Related: See How Much You Can Save with GridPoint's Energy Savings Calculator


Types of Energy Management Technology

Energy management systems are an essential part of any building's infrastructure. There’s a wide range of options – and the best choice depends on the needs of each business or building. The first step in choosing an energy management system is understanding the different types of energy management systems out there. You'll want to consider whether you want an end-to-end solution or just a piece of hardware or software that can work with another vendor's product. Then you'll want to understand how much control over your data each vendor offers and what kind of pricing model they use—and whether their grid technology meets your needs.

  • Energy Management Systems. An energy management system, a group of hardware components that work together to monitor and control a building's energy use, typically includes sensors that monitor real-time data from key areas within a building such as lighting, ventilation and heating/cooling equipment, then process the data by software algorithms to generate alerts when any issues occur or control energy usage.
    • Controller - The controller is the brain of the system and runs all programs and processes.
    • Automation Devices - These are devices that directly affect energy consumption within a building such as thermostats, lights, or HVAC systems. The automation device sends signals back to the controller which forwards them to other devices or software applications to act.
    • Sensors — Sensors monitor environmental conditions in the building such as temperature, humidity, and CO2 levels. They also monitor equipment performance such as air conditioning compressor cycles, lighting levels, and elevator travel distances. Sensor data is sent to the controller where it’s processed and formatted on a GUI for the end-user.
  • Power Monitoring and Submetering. Submetering allows customers to track the energy usage of specific areas of their premises. The technology comes in many forms, including smart meters and specialized meters that can be installed for individual applications. Submetering is a tool that businesses can use to reduce costs and increase profits by monitoring the energy use of individual equipment.
  • Load Management and Control. Energy load management is the practice of adjusting energy consumption to match fluctuations in supply and demand. It is used primarily to reduce costs but can also be used to reduce emissions or avoid outages.
    • How does energy load management work? The main principles behind energy load management are simple: electronic devices draw power from wall sockets, which can be controlled by plugging them into switches or by turning them on and off remotely. The amount of power consumed at any given moment is determined by the number of devices drawing power, their power usage, and how much time they spend on or off. Energy load management can be carried out manually or automatically. In manual energy load management, users manually adjust the state of their devices when they see an opportunity for savings — for example, unplugging a laptop charger when it's not in use. In automatic energy load management, users don't have to worry about making these adjustments themselves; instead, they rely on software programs to do this work for them whenever possible.
  • Demand Response. Demand response (DR) is a system that automatically reduces or turns off select electricity-using appliances when demand for power spikes, reducing strain on the electric grid and avoiding brownouts or blackouts. DR can also be used in combination with load curtailment, which allows customers to voluntarily reduce their use of electricity during periods of peak demand.

Types of Energy Management System Platforms

When considering an energy management system, you'll also want to look at the vendor's grid technology. This is the backbone of the system and how it will collect and store data. There are three main types of grid technology:

  1. Proprietary: This is a technology that is owned by the vendor and not available to other companies. Proprietary systems often come with a higher price tag but offer more features and functionality.
    TIP: Look for a vendor with a proprietary system that also offers a subscription model service, like GridPoint, avoiding the high price tag. Check out our packages to see what works best for you!
  2. Open source: This is a technology that is available for anyone to use and modify. Open-source systems are often less expensive and can be more customizable, but they may require more maintenance.
  3. Hybrid: This is a combination of proprietary and open-source technology. Hybrid systems offer the best of both worlds, but they can be more expensive.

Choosing the Right Energy Management Vendor

When it comes to choosing an energy management vendor, there are a few key factors to consider. First, you'll want to think about the size of the buildings or industries that the vendor is able to serve. TIP: Very few energy management vendors work with small-to-medium size businesses and building types and don’t have the right tools and systems to optimize their energy efficiency. At GridPoint, that is our specialty! Next, you'll want to look at the type of hardware that the vendor offers. Is it comprehensive and integrated? Finally, you'll want to consider the company's capabilities in terms of new builds, retrofits, and energy optimization services.

The right energy management vendor will be able to save your business money on utility bills and help you take advantage of demand response and other grid-interactive technologies. They should also offer flexible pricing and financing options, so there is no capital expenditure required.

No matter which vendor you choose, don't forget to ask about these core capabilities:

  • The ability to track and monitor energy usage in real-time
  • The ability to set goals and create alerts
  • The ability to create customized reports
  • Integrations with other business systems
  • A user-friendly interface

For more information, download our energy management vendor checklist.

Once you've considered all these factors, you'll be able to choose the right energy management system for your business.