Assessing the True Value of Energy Efficiency
The truth is that reducing energy consumption does not guarantee a lower utility bill.
Why “Set It & Forget It” Doesn’t Work for Energy Management
How Real-Time Data Analysis Drives Business Efficiency
Forget hindsight being 20/20. With real-time analytics, improved foresight is also within reach.
How are Companies Using Energy Analytics to Save Money Today?
In many industries, Big Data and the Internet of Things are still buzzwords (Gartner has IoT at the “Peak of Inflated Expectations” in their latest Hype Cycle analysis). The ability of energy analytics, however, to analyze and integrate large quantities of data from previously disconnected systems is having a transformative impact already. By dissecting and analyzing real-time and historical facility, utility and electricity grid data, energy analytics software (EAS) can identify hidden cost drivers and operational inefficiencies previously invisible to most companies.
Cut Energy Costs & Improve Sustainability: Big Data Analytics
The world is full of an unprecedented amount of data, with 2.5 quintillion bytes added daily to the internet, according to IBM.
What is a Load Duration Curve (LDC) and Why Should I Care?
Every user of electricity consumes power at irregular intervals. From residential buildings to large industrial facilities, power usage will fluctuate depending on numerous conditions. Is the building occupied? Are the lights on? Is the building being heated or cooled? For facilities billed on demand, (kW or kVA), the more consistent a building consumes energy, the lower their costs will be.
How Tech Can Limit the Pain of High Connecticut Energy Costs
As featured in CBIA’s economy news section: https://www.cbia.com/news/economy/tech-limits-high-energy-costs/
Connecticut has some of the highest energy costs in the nation, particularly for electricity. As of October 2016, commercial electricity cost 15.93 cents per kilowatt hour (kWh) in Connecticut, which is more than any other state, excluding Hawaii and Alaska, based on data from the U.S. Energy Information Administration.
The Challenges and Opportunities of Deriving Insights from Your Data
Although the use of data in corporate decision making is on the rise, many businesses still struggle to gain meaningful insights from their data.
How CT Companies Can Keep Up as Hartford Innovates
Connecticut’s capital city appears to be on the brink of an economic reinvigoration through a combination of public and private efforts aimed at attracting entrepreneurs to Hartford.
Look into Energy Incentives and Stop Leaving Money on the Table
All C&I properties face a quandary: energy costs constitute a significant recurring expense (~10% of total operating expenses), but are they enough to justify the investment in energy efficiency systems and remediation? Will the ROI be great enough and quick enough to make up the initial capital outlay? The American Council for an Energy-Efficient Economy (ACEEE) notes, “An important goal of efficiency policies and programs is to help minimize these upfront project costs so owners are encouraged to invest in energy efficiency improvements and significant retrofits.” Well, there are programs from both government and utilities that will help ameliorate both upfront and ongoing costs, making investing in energy efficiency a winning prospect.
Don’t Wait for Predictability from Politics: Create It Yourself
With Connecticut facing a growing state budget deficit, many residents and business owners are uneasy about what’s to come in terms of taxes, spending and the overall economic strength of the state. Addressing these concerns, Governor Daniel Malloy noted in his State of the State address on January 4, 2017, how the government should try to ease this uncertainty.