by Shane Henson — April 15, 2013—EnerNOC Inc., a provider of cloud-based demand response and energy management applications, recently announced the launch of its DemandSMART Predictor for the New England region.
The DemandSMART Predictor leverages a proprietary predictive analytics model to forecast the high-demand hours when consumers’ capacity and transmission charges are set for the following year, says EnerNOC Inc. By activating a customized energy-reduction strategy during peak hours, enterprises using DemandSMART Predictor can dramatically reduce their peak demand charges, which can account for up to 30 percent of their annual electricity costs, the company notes.
Through this powerful energy-saving tool, customers get a daily notification of the likelihood of a peak demand hour occurring that day, a specific timeframe when energy reduction strategies should be enacted, and a forecast for the week ahead. When a peak hour is predicted, customers can monitor their load with DemandSMART’s real-time energy-profiling tools.
DemandSMART Predictor is part of a suite of energy management applications and services that help customers throughout New England proactively manage energy to drive bottom line results, adds EnerNOC. Other products include EfficiencySMART, technology and services designed to deliver continuous energy savings, and SupplySMART, EnerNOC’s energy procurement and risk management offering.
