IPMVP: Understanding Energy Savings Calculations [VIDEO]

IPMVP: Understanding Energy Savings Calculations [VIDEO]

If you have a 10% off coupon for something that costs $100, you know you will be saving $10 – simple. Unfortunately determining energy savings is not so simple. There are many variables that impact how much energy a building needs day-to-day, making measuring and validating energy efficiency projects a headache for managers and decision makers – enter IPMVP!

The IPMVP (International Performance Measurement and Verification Protocol) was originally developed by the Efficiency Valuation Organization to help increase investment in energy and water efficiency, demand management and renewable energy projects around the world. Today it has evolved into an international standard for calculating energy savings and is widely accepted across the globe. The model isolates external variables like weather, store hours, occupancy, equipment, and other behavioral changes to deliver the most accurate savings calculations using a site-to-self approach.

Temperature conditions change from year to year which makes simply comparing this year’s energy consumption to last year’s consumption inaccurate.  One way to accurately measure a location’s energy savings after deployment of an efficiency project is through weather normalization.  In IPMVP, weather normalization is used to remove the impact weather has on your building by establishing a baseline.  [Learn more about weather impacts here].

This video explains how IPMVP works, why other methods aren’t as accurate, and why GridPoint bases customer savings on this standard:


Load Curtailment: Shape, Shift, Shed and Save

Introduction to Real Time Load Management

Demand is essentially the “need for electricity” and its peak value influences energy cost and grid stability. Utilities measure and track demand to determine how much electricity each customer will potentially need and how much electricity should be generated to fulfill that need. It’s a balancing act. These demand peaks can be managed in real-time through modern technology and supplement initiatives such as demand response by automatically mitigating excessive energy demand. For instance, GridPoint’s smart building platform incorporates a patented load curtailment algorithm to provide increased versatility to customers by avoiding new demand peaks, providing a flexible load, and meeting DR criteria. GridPoint’s platform enables users to collect actionable energy information and facility insights across millions of data points. Running algorithms, such as load curtailment, helps conserve energy and make smart use of building assets.

How Does Avoiding New Demand Peaks Save Money?

Utilities offer incentive programs aimed at decreasing demand to improve grid reliability. Benefits of managing electricity demand can also be shared by the customer through rebates and reduced equipment burden. Customers of any size or vertical will likely notice a “demand charge” on their electricity bill. This charge is based on a customer’s demand (also known as peak kW) during a given billing cycle. Keeping total building demand low helps drive savings and ensures that your energy management goals are met.

Load Curtailment: GridPoint’s Demand-Reducing Strategy

GridPoint’s Advanced Control Algorithm, Load Curtailment, can be utilized independent of or in conjunction with initiatives such as demand response. This intelligent energy management strategy can be leveraged by any GridPoint-controlled site with main load metering. The algorithm can be deployed remotely by GridPoint and requires no action from the end user to keep them saving year-round.

How Does it Work?

Load Curtailment (LC) works by limiting energy use of controlled assets, such as HVAC units. The algorithm utilizes machine learning to understand each building individually and anticipate when it will hit peak load. When a threshold is crossed, the algorithm automatically curtails the building’s load to keep demand in check while balancing comfort. When the load is decreased past another threshold building operations return to normal. This differs from traditional utility sponsored demand response programs because it’s continuous and designed for customer savings where as DR events are only called on during times when the grid is stressed.

Benefits of Load Curtailment

This algorithm helps reduce your monthly demand charge by shifting, shaping, and shedding load intelligently, mitigating impact to comfort. The parameters of the algorithm are customizable, providing end users the flexibility to fine-tune their curtailment program based on specific goals. There are currently over 15,000 sites installed with GridPoint’s platform, thousands of which are enrolled in load curtailment. Target demand activity and algorithm runtime channels are accessible in GridPoint Energy Manager, giving you deeper insight into the algorithm’s performance and its influence on site operation.  Technology like GridPoint’s load curtailment algorithm is a low risk, high reward solution for dynamically reducing demand and enhancing your business’ electricity savings.

 

 

Jack French
Data Analyst

 

 

 

 

 


Demand Response 101: Understanding How Utilities Balance Energy Supply & Demand

Understanding demand response is simple, utilities are required to provide commercial, industrial, and residential energy consumers with reliable energy around the clock. In order to do so, utility companies look at trends in their service territories and work to match energy supply with the highest expected energy demand that might be needed at a given time. This usually means excess energy is available that isn’t used. However, on occasions like very hot summer days or during an extreme winter storm, homeowners and businesses simultaneously use more energy than usual to heat or cool their buildings, exhausting the available energy supplied by their utility, and putting stress on the grid. It is during these peak periods when the demand for energy exceeds a utility’s energy supply, which may cause severe electricity disruptions like brownouts and blackouts.

Many utilities have built specialized power plants, known as peaker plants, that are only called on occasionally when the grid approaches maximum capacity. Because these carbon intensive peaker plants are costly to build and operate, the power they supply is much more expensive than power supplied from standard power generation facilities. To combat this burgeoning issue, many utilities are increasingly using non-wire alternatives, like Demand Response, to better manage these short-term energy supply challenges.

Demand response refers to changes in electric usage by consumers in response to high-use periods to decrease demand on the grid and maintain electricity reliability

Demand Response Programs

Demand response (demand management) programs are offered by many utilities for energy consumers to enroll in and receive money back for reducing their energy demand, at the utility’s request, during peak periods of demand and under-supply. Common examples of reduction include turning up the temperature on a thermostat to reduce air conditioning load, turning off certain lights, or shifting the time of use of some energy consuming devices out of the peak demand period. The load avoided for a single facility may be small, but when many customers participate it creates a meaningful energy demand reduction for the utility.

Why should you love demand response?

On top of supporting energy reduction and stabilizing the grid, these programs are simple to participate in and consumers get paid for both participation and performance!


Get Involved

The way customers participate usually depends on the type of building they are enrolling:

  1. Behavioral demand response – customers can participate manually by contacting their utility. This is best for large commercial or industrial facilities that have a substantial, flexible energy load and have staff on-site that can react to the requests from utilities.
  2. Automated demand response – customers can work with a partner or aggregator to automate their participation. This approach is applicable to all building types ranging from residential to small commercial to large buildings, and enrollment, strategy development, event execution, and reporting is automated by the partner.


Common Misconceptions

Participation in DR events means that customers must adjust their loads manually

The benefit of enrolling in DR programs through an aggregator partner is that the entire process can be automated. Once the customer agrees to enroll in the service, programs are automated and the customer gets paid automatically for participating and performing during events.

Participation in DR events will cause disruptions to business

Typical events are only between 2-4 hours and occur only a few times per year, so disruption to businesses is very minimal and offset by compensation. An established DR partner can help set up a strategy that works for your business, for example: excluding temperature critical areas of your facility in the curtailment strategy, having different strategies for dining vs kitchen areas, or curtailing only a portion of lights.

Enrolling in DR events requires complex contracts & legal agreements

Demand response agreements between utilities and customers are not complex. If the customer chooses to work with a partner, the customer gives permission to utilities to interact with the partner on their behalf.

Customers take on a financial risk by participating in DR programs

Many programs offered by utilities offer high rewards for participation. Some programs come with a performance expectation coupled with a financial penalty if performance goals are not met. Another advantage of working with an established partner is that many partners will absorb much of the financial risk, leaving the customer with significant upside value.


Demand response is not new, but it’s now gaining substantial traction and greater adoption as demand on the grid continues to increase across the globe, and new carbon-neutral technologies are emerging. These programs create a win for all; a win for the utility by ensuring adequate electricity supply and grid reliability, a win for the customer through new DR-enabled revenue streams, and a win for the environment by reducing energy consumption and the associated need for new carbon-intensive power generation facilities.

Learn more about how GridPoint can support DR for your business here

 

Deepak Budhiraja
VP, Product Management


Shell Energy Inside: What does GridPoint’s Partnership with Shell mean for Commercial Energy

Last week, GridPoint announced a partnership with Shell to launch Shell Energy Inside, a new product offering created to help commercial and industrial customers in North America save money on energy costs and achieve sustainability goals. Shell Energy Inside will pair smart building technology such as HVAC, lighting, metering and controls, energy analytics, and storage together with retail power supply and demand response to create one, bundled solution. The bundles will then be offered to customers as a monthly subscription, through Sparkfund’s SparkOS platform, to make the offering seamless and accessible through a single operating expense payment.

This revolutionary approach takes technologies that previously had to be selected, rolled out, and validated separately through different vendors, and consolidates them into one offering from one provider. Shell then manages the solution end-to-end, including pairing best-fit technologies based on customer needs, installation, procurement, and commissioning. Shell Energy Inside focuses on solving customer pain points of selecting the “right” solutions, limited time and resources to dedicate to energy projects, and limited capital to deliver a better product and create stronger customer relationships.

 

How does GridPoint fit in?

GridPoint’s software platform, GridPoint Energy Manager, acts as the foundation for the bundles by providing analytics and controls for all supporting technologies.  The platform enables the continuous optimization and execution of on-going energy strategies based on available technology to meet customer needs. Using this foundation, Shell will be able to help customers integrate new technologies and behind the meter products into their facilities.

“Think of this bundling similar to Salesforce.com’s model but for commercial energy,” Says Evan Conley, Vice President of Strategic Partnerships at GridPoint.  “Salesforce initially provided a customer relationship management (CRM) software product to its customers but has since expanded its offerings to include a marketing cloud, app store, and social functionality to its portfolio.  And, it’s not just that a single company has multiple product offerings, it’s that Salesforce’s products, when combined, enhance the customer value in terms of price, service and simplicity.  Shell is applying that same logic to the energy sector.”

GridPoint is the best foundation to build these bundles on because it enables other technologies to grow beyond their traditional functionality.  GridPoint’s solution drives real savings and can uncover insights about the best products to bundle together by analyzing building data to see if it’s an ideal candidate for solar, or storage, or an LED retrofit, for example.

 

What do these bundles mean for commercial energy?

Bundled energy solutions have been a trend gaining more and more attention in recent months. By providing customers with more technology and clean energy options, Shell can better serve their customers and help them better achieve their goals.  Given the increase in commercially viable grid-edge technologies and the clear trend towards decarbonization, commercial customers across the globe will increasingly integrate and benefit from 21st century energy technology in this bundled way.


Are your HVAC Units Hurricane Ready?

With Hurricane Florence quickly approaching land, people all up and down the east coast are taking precautions to keep her damage minimal. Businesses in high-risk zones typically have structured emergency protocols to follow, but unfortunately protecting costly, necessary equipment like an 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 even a small amount of water can cause corrosion and damage, even if the outside of the unit looks dry. If salty sea-water 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 from lightning and other broken power lines.

 

What can you do?

Minimal effort to prepare your HVAC units for extreme weather can avoid major damage, costly repairs or replacement, and extended downtime after the storms.

 

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 in order to evaluate whether the storm had an impact on performance. You can do this through data collected by an EMS or through a preventative maintenance check.

During the Storm

  • Turn off the breakers to your A/C or heat pump and indoor air handler or gas furnace to avoid damage caused by power surges when lines and power are restored after a power loss.
  • Turn off the gas supply to furnaces to prevent leaks from occurring.

After the Storm

  • DO NOT turn your HVAC system on 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 remote HVAC testing or have an HVAC technician test each unit to ensure everything is working properly.

 

Hurricane preparedness for HVAC units not only saves money in repairs and maintenance, it works to extend the lifespan of the units as well. Smart building technology, such as GridPoint’s, provides facilities teams with greater visibility into how their facilities operate during these stressful 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 as it moves. For additional insight and tips on storm preparation see how we were able to support our customers impacted by hurricane Sandy.

 

 

Deepak Budhiraja
VP, Product Management


Validating Energy Efficiency Efforts

Show me the Money: Validating Energy Efficiency Efforts

The benefits of control-based and data-driven energy efficiency strategies can be quantified many ways. Optimizing performance, reducing CO2 emissions, and decreasing energy demand are all positive outcomes of utilizing a smart energy system, but how can you measure a project’s return on investment? Cost savings is key to validating efficiency efforts, and when executed with a measurable and justifiable goal in mind, tracking this metric correctly can prove that many efficiency projects – like implementing GridPoint’s Smart Building platform – pay for themselves; making it a sound financial investment for your business.

What method does GridPoint use to track energy savings?

The International Performance Measurement and Verification Protocol (IPMVP) Standard Option C (Whole Facility) is an industry standard practice for computing whole building energy savings. GridPoint utilizes this standard, as do other leaders in the marketplace, including the National Renewable Energy Laboratory, the U.S. Department of Energy, and the Association of Energy Engineers to name a few. This standard requires current best practice techniques in verifying energy efficiency projects, assessing improvements, and tracking modification of operating procedures.

What is the IPMVP Option C model based on?

Regression analysis is the essence of calculating energy savings with the IPMVP Option C model.

1. Creating a baseline for energy usage At least 12 months of utility data preceding any change intended to improve operational efficiency with respect to energy consumption, such as GridPoint’s Energy Management System, is collected and used as an established baseline. This data sets the stage for how the building used energy before the EMS was installed. Weather data (HDD and CDD) during the baseline period is then aligned with energy consumption data from the utility to create a correlation. This relationship represents how the building’s energy load will respond as weather changes. For more information on this topic, see our post on Weather Normalization.

2. Building a predictive model with energy usage and weather – Once the relationship between weather and energy consumption is established, a prediction on how the building will respond to weather in the future can be calculated. This is called “modeled usage” based on linear regression of energy consumption and degree days. Below is a formula for computing modeled usage with baseline load and weather factors:

(HDD factor*HDD) + (CDD factor*CDD) + Baseline Load = Modeled Usage

 

3. Comparing modeled usage to actual usage – After the EMS installation, modeled usage (what the building would have used without EMS) is compared to actual usage (what the building used with EMS) to arrive at energy consumption savings.

 

 

By leveraging industry proven techniques, GridPoint delivers accurate savings results and enables customers to meet their specific energy management goals. Through recurring performance review with GridPoint’s Energy Advisory Services team, additional energy conservation opportunities may be discovered, keeping your business on track for important milestones ahead.

Jack French
Energy Data Analyst

 

 

 

 


For more information on validating energy efficiency or the IPMVP Option C model, contact us below:


Weather Normalization: How Degree Days Impact your Business

Weather Normalization: How Degree Days Impact your Business

Unless you live in an area with moderate weather, you probably remember years with random heat waves in March and other years where a blizzard struck in the same month. Because weather can vary so drastically with time, it can be difficult to determine how a building performed this year compared to last year; simply comparing March 2018 to March 2017 would not provide an accurate story of building performance over that year. In order to track building performance, savings, and energy efficiency investments, facility professionals must normalize their data to understand weather impact before analyzing consumption.

What is Weather Normalization?

EnergySTAR defines weather normalized energy as: the energy your property would have used if you had experienced 30-year average temperatures. It’s a method of smoothing the influence of ambient conditions to identify how a building uses energy over time, enabling an apples-to-apples assessment of energy consumption.

Weather influence is measured in Heating Degree Days (HDD) and Cooling Degree Days (CDD). Higher HDD or CDD values represent greater need for heating or cooling, respectively, to keep a building conditioned and comfortable. Figure 1 below demonstrates how kWh and Degree Days are plotted to understand their relationship. From here, we can determine that when the building experienced 20 HDD, the site used 100 kWh.

 

heating degree days and kWh
Figure
1 – Shows the relationship between energy consumption (in kWh) and Degree Days

 

In Table 1 below, let’s compare Year 1 to the Baseline Year. Without taking weather into account, we would surmise that the building consumed 13% more energy in Year 1 (45,840 kWh) than in the Baseline Year (40,480 kWh). However, such an assumption would not represent an accurate view of the building’s performance. Notice that the HDD in the Year 1 (681 HDD) was much higher than it was in the Baseline Year (520 HDD). This indicates that the Baseline Year weather was milder than Year 1 weather, so less energy was required to keep the building conditioned in the Baseline Year. The “kWh per HDD” column represents the weather-normalized energy consumption. Comparing the “kWh per HDD” for the 2 years shows us that the building consumed 14% less energy in Year 1 (67 kWh/HDD) than in the Baseline Year (78 kWh/HDD).

 

Heating degree days with normalized savings

Table 1 – Year-over-year energy consumption and HDD comparison for example building

 

GridPoint uses the industry-trusted best practice for calculating energy savings using weather-normalized data: The International Performance, Measurement, and Verification Protocol (IPMVP) Option C: Whole Building. This methodology aligns energy consumption with HDD and CDD in a linear regression model to provide the most accurate portrayal of building performance over time. Weather Normalization is a shining example of how GridPoint leverages powerful analytics and vast marketplace knowledge to provide reliable, actionable data across several verticals.

In my experience as a data analyst, I have noticed cases where degree day trends remained comparable from year to year, but energy trends changed significantly. In other words, the building was using more energy to condition zones, but weather trends showed little change. Situations like this often indicate equipment issues and make a strong case for regular preventative maintenance, such as cleaning condenser coils or replacing filters.

In short, degree days affect your business by influencing energy consumption trends. An influx in heating degree days or cooling degree days, in events such as blizzards or heat waves mentioned earlier, can cause an unexpected shift in energy consumption. Weather normalization helps by controlling those independent variables and enables you to zoom in on specific behavior to identify equipment issues, operational changes, or other unnecessary energy consumption expenditures.

Jack French

Data Analyst


Top 5 ways businesses are wasting energy

Top 5 Ways Businesses are Wasting Energy

Energy is one of the largest expenses for commercial businesses, yet many business owners are missing out on simple opportunities to reduce their energy waste and lower these costs. Below are 5 common ways businesses are wasting energy, and minor changes they can make to see substantial cost savings:

1) Not having, or not adhering to, a HVAC schedule

Most businesses have temperature set-points established, but are yours enforced? External weather conditions, control overrides made by staff, and underperforming equipment can cause set-points to stray and energy to be wasted. By establishing and automating a set-point schedule tailored to your businesses specific needs, you can focus on comfort during peak hours and savings during slower and unoccupied times.

2) Leaving HVAC units, lights, or equipment turned on unnecessarily

Energy savings 101, right? Leaving equipment on obviously contributes to how businesses are wasting energy, but you’d be surprised how often our data analysts find instances where parking lights are being left on during the day, an HVAC is on full blast over night during summer months, or even where employees have left dangerous kitchen equipment on while the location was unoccupied.  Collecting asset-level data can provide insight to these energy-wasting behaviors.

3) Turning all equipment on at the same time

Powering all of your HVAC units, lights, and equipment on at the same time (e.g. 8am) can create a very large peak load for the day and become extremely expensive if done regularly. By staggering when each piece is turned on you can lower your demand and your cost.

4) Not repairing or replacing malfunctioning equipment in a timely fashion

HVAC maintenance can be costly, but not as costly as a replacement unit or the downtime that results from a unit that has failed. Proper maintenance can extend the life of an HVAC unit by up to 20%. Instead of scheduling a traditional (possibly unnecessary) seasonal maintenance checkup, tools like GridPoint’s automated HVAC Scope test can provide insight into the health of each unit and enable facility managers to identify and prioritize maintenance needs on an as-needed basis.

5) Falling victim to energy drift

Energy drift is the gradual loss of efficiency that can occur after a Building Management System (BMS) is commissioned. After the initial strategy is set, external factors can cause buildings to stray from expected savings over time. If your system is not collecting data, analyzing trends and alerting you of system failures your sites are likely deviating off the path to efficiency. These issues can be combated by identifying where drift is occurring and taking action to put efficiency back on track.  Submetering provides enhanced data which can be used to determine if there is an issue, what the issue is, and where the issue is coming from in order to do keep sites optimized continuously.

How much energy is your business wasting?

Want to know how much energy your sites are wasting? Answer the 6 questions below to get an instant estimate.


Energy Trends to Reduce Environmental Impact

Top 5 Energy Trends Businesses are Adopting to Reduce Environmental Impact and Save Money

Corporate social responsibility (CSR) initiatives have become imperative to business strategy, and energy consciousness and carbon emissions reductions are top considerations for many executives.

With Earth Day coming up on Sunday many may be asking “Are we doing enough to reduce our environmental impact?” “How can we better support our environment?” Sustainability initiatives that are effectively built into a business strategy not only reduce the business carbon footprint, but also provides substantial savings that contributes directly to the business’ bottom line– a win win!

Below are the top 5 energy trends businesses are adopting to reduce environmental impact and operating costs:

 

1) Participating in utility-driven demand response programs

Demand response enrollment is on the rise and for good reasons. These programs give commercial consumers a choice to use less during on-peak hours.  Site managers have control over their energy costs and they can avoid spikes and new peak demand rates. Smart building  controls and services can generate real savings by helping the utility manage their demand. These programs further support the environment by helping the utility plan better and decrease the need to call on more dirty energy assets.

 

2) Applying for state-sponsored energy reduction programs

Rebates and incentives are currently available in many U.S. markets, and provide money back on costs required to implement qualified energy solutions. To see what is available in your state you can visit DSIRE’s website (Database of State Incentives for Renewables & Efficiency).

 

3) A shift towards energy-as-a-service solutions

Traditional energy solutions were often costly to implement, required enormous capital to roll out across enterprises, and were difficult to get approved. Like many other industries, energy is transitioning to an as-a-service approach meaning that large cost is replaced by a subscription-based pricing structure.  These solutions cut down on energy consumption without the upfront financial burden to enable small businesses to take part in the bottom line savings and social stewardship.

 

4) Investing in asset-level management solutions

Asset-level management is the practice of monitoring and managing pieces of equipment to maximize efficiency and achieve the greatest return. Through collecting asset-level data, facility managers can identify underperforming equipment and check for issues or prioritize maintenance. Identifying issues early eliminates potential wasted energy and cash.

 

5) Automating HVAC testing for predictive maintenance

Traditional maintenance for necessary equipment, like HVAC units, has been done on a calendar basis (think spring or fall tune ups), or as-needed if an issue occurs. New smart building technology is revolutionizing repair and maintenance with data and automation to help site managers be proactive instead of reactive. HVAC SCOPE helps managers to identify equipment health issues and predict when maintenance or repairs will be needed. This helps managers allocate capital for these expenses, keeps equipment running efficiently, and eliminates the potential for costly down-time.

 

For more information on how your business can take advantage of these trends, fill out the form below and a member of GridPoint’s Smart Buildings Team will get in contact with you:



How NYSERDA is Revolutionizing Commercial Energy Management Through Better Incentive Programs

Incentives for renewable energy sources like solar are nothing new, but now as public and private sectors converge in support of energy efficiency, state and local governments are broadening their investments for a modern (smarter) grid. As governments continue to prioritize funding for energy projects, businesses can take part in various programs creating a win-win solution for both parties: reduced costs and reduced emissions. One popular class of energy efficiency is promoting commercial building optimization through energy management.

Energy management can be pursued in many ways, but any effective program will enable operators and managers to quickly and efficiently make energy changes without much effort or impact to on-going operations. When most commercial energy customers get a bill, they see their energy use and demand for the entire building.  However, this gives little insight into how the energy is being used, how efficiently equipment is operating, or when something being left on unnecessarily. In order to intelligently reduce energy consumption, a building manager must first discern what is occurring within the building in real-time. Imagine that the total energy profile of a building is now broken down to individual pieces of equipment. Asset-level metering, also called submetering, uses sensors to collect energy data at the equipment-level for HVAC units, lighting, refrigeration, etc. This submetering data paired with powerful software and tools can give building managers the visibility, in real-time, to optimize their facilities, cut costs and reduce energy consumption.

New York is a leader in the promotion of clean energy and efficiency programs. In 2014, Governor Cuomo launched a new energy policy, Reforming the Energy Vision (REV), with aggressive goals of reducing greenhouse gas emissions and increasing renewable energy sources. As a part of this new policy the New York State Energy Research and Development Authority (NYSERDA) was formed to advance and promote energy efficiency solutions in ways that improve New York’s economy and environment.

NYSERDA’s Real Time Energy Management (RTEM) program offers New York businesses that implement approved submetering systems 30% off the solution’s costs for the next five years.  Energy management solutions provide a compelling business case in almost any environment and a 30% cost reduction through the RTEM program will empower building owners and operators with an opportunity to implement energy management technology rapidly and at scale. As a RTEM-approved vendor, GridPoint can deliver these incentives directly to any customer purchasing their solution for a qualified commercial building in New York. Buildings can include retail or restaurant locations, industrial complexes, educational institutions, public or government buildings, and more.

For more information on the program visit www.GridPoint.com/NYSERDA or fill out the form below and a member of our team will reach out to you.

 

Jason Narod
SVP, Sales and Business Development