Find Best Energy Management Software for Your Business

Energy Management Software:

Energy Management Software is a software that is used to tracking of bills, real time metering, HVAC and lighting control systems building, simulation building and modeling, generating carbon and sustainability report, management of IT equipment, demand response, and energy audits.
It can help reducing energy costs and consumption for buildings, communities or industries. The  energy data can be collected by EMS which can be used for reporting, monitoring and engagement. Reports can be generated for verification of energy data, benchmarking, and setting high level energy use reduction targets. Trend analysis can be monitored and energy consumption can be tracked to identify cost saving opportunities. Real time responses which can be either automated or manual, and the initiation of a dialogue between occupants and building managers can be provided by the software through engagement to promote energy conservation. The real time energy consumption can also be displayed in web applications or an onsite energy dashboard

Features and Benefits of Energy Management Software:

The Energy Management Software has several features that can benefit the user in many ways to grow their business. Some of these include:

• Historic as well as real time interval data can be collected with intervals varying from quarterly billing statements to minute-by-minute smart meter readings. The data can be collected from various sources such as interval meters, Building Automation Systems (BAS), directly from utilities, directly from sensors on electrical circuits, etc. A comparison between pre and post EMS energy consumption can be done by using the past bill provided by the software.
• The EMS can be used to provide assistance to the user for analyzing, forecasting and tracking energy conservation measures through Energy Data Analytics to quantify the success of the measure
• The energy managers will be able to combine across energy and non-energy data by the help of Energy analytics to create key performance indicators, calculate carbon footprint, greenhouse gas, renewable heat incentives and energy efficiency certifications to meet local climate change policies, directives, regulation and certifications.
• The energy consumption of buildings and its equipment that build up a memory of energy use patterns can be analyzed, the good and bad energy consumption behaviors can be learned and notification can be send in case of abnormal energy use by the help of intelligent algorithms such as classification and machine learning included in Energy analytics.
• Time can be relatively saved as compared to manual reporting. This is because the cost and consumption data from a number of buildings can be aggregated or compared with the software.
• More detailed energy information than utility billing can be provided.
• The factors affecting energy use, such as weather condition or building occupancy, can also be taken as consideration for the reporting process which can be used to prioritize initiatives for energy savings and balance energy savings against energy related capital expenditures.
• Metered consumption against billed consumption can be compared by using bill verification.
• The impact of different energy costs can also be demonstrated by comparing electrical demand charges to consumption costs with bill verification.
• Direct or indirect GHG emissions can be calculated by Greenhouse gas (GHG) accounting, which can be used for internal reporting or enterprise carbon accounting.
• Real time and historical data can be tracked by monitoring tools provided by the software.
• Anomalous consumption can be identified by various benchmarking tools, such as energy consumption per square foot, weather normalization etc which uses the energy modelling algorithms.
• Savings opportunities can be identified by the Facility or Energy Managers by anomaly recognition and seeing exactly when energy is used.
• EMS can help can discover and coordinate initiatives such as demand shaving, replacement of malfunctioning equipment, retrofits of inefficient equipment, and removal of unnecessary loads.
• Alerts can be generated through text or email messages when consumption values exceed pre-defined thresholds based on consumption or cost.
• Equipment power down processes can be triggered by demand spikes with or without human intervention.
• The daily choices of occupant can be connected with building energy consumption. Occupants can view the immediate impact of their actions as real time consumption information can be displayed.
• Energy conservation initiatives can be promoted, advice to the occupants can be offered, or a forum for feedback on sustainability initiatives can be provided by using EMS.