Real-time utility monitoring gives facility managers and other stakeholders an unprecedented level of insight into building energy usage, helping them identify inefficiencies and implement cost-saving measures. These technologies are often bundled with a software platform that connects to the utility meters in your building, and stream data directly into an Energy Management System (EMS).
How Does It Work?
Real time tracking systems utilize a network of sensors that collect, process, and analyze data to identify issues such as a sudden spike in power consumption. The results can be used to take corrective action, such as adjusting operating schedules and replacing inefficient equipment. This can help reduce utility bills and lower carbon emissions in a commercial facility.
Detecting Issues Early
A key benefit of real-time utility monitoring is the quick detection of anomalies in consumption, such as a water leak or sudden power outage. These systems can help identify issues before they impact building operations, minimizing downtime and improving productivity.
Improved Demand Response
Real-time monitoring allows facilities to participate in demand response programs, reducing their energy usage during peak times and thus decreasing monthly demand charges. It can also provide insights on how to optimize energy distribution, helping utilities minimize power loss and ensure a more efficient grid system.
The best real-time tracking systems also offer detailed reports that can be generated year-wise, month-wise, or day-wise. This can allow users to see their past consumption and make informed decisions about future energy use. In addition, they can use these reports to spot any inefficiencies that are causing higher than usual costs. real-time utility monitoring