For large commercial and industrial facilities, energy management means actively controlling how electricity is used, when it is used and how it interacts with electricity markets.
Your energy costs are typically driven by several factors: peak demand charges, operational load patterns and market pricing signals. Effective energy management helps you understand how these variables affect your total energy spend.
The first step is gaining visibility into your facility’s consumption patterns. Tools such as site energy monitoring allow you to track electricity use in real time and identify operational inefficiencies.
The next step is managing peak demand. Predictive tools like PeakIQ™ help identify potential peak demand periods so you can adjust operations and avoid costly spikes.
Energy management also includes market participation. Many large facilities participate in demand response programs, which provide revenue opportunities for reducing load during grid stress events.
When combined with operational planning and engineering expertise, energy management allows you to reduce costs, improve reliability and maintain better control over your facility’s energy performance.