by Brianna Crandall — December 20, 2013—Energy Points Inc., a Boston-based source-to-site energy resource analytics company, recently announced significant enhancements to its EnergyPoints Analytics software-as-a-service (SaaS) platform, including the ability to enable users to set and track energy-, emissions- and cost-reduction goals on a user-defined, normalized basis. According to Energy Points, it is the only company that offers this capability.
Offered to corporations and government agencies as either an on-premise or cloud-based application, the EnergyPoints Analytics platform Version 2.5.1 combines patented big data analytics (two billion data points) with local efficiency and scarcity data to convert energy resources (electricity, water, transportation, materials and waste) into either the company’s own EnergyPoint metric (EP), or any other common energy metrics like BTU, joule, or kWh. By utilizing this unique methodology, Energy Points helps facilities managers and other energy decision makers reduce their organization’s capital and operational expenses, while improving environmental performance.
Normalized goal setting and tracking
The major feature enhancements of this latest release — comprising normalized goal setting and the normalized tracking of those goals — will allow companies and institutions to analyze their entire supply chains and achieve more precise energy efficiency and cost savings. For example, a retail company can now set a goal of reducing energy resource utilization, emissions, or cost on a square-foot basis. A coffee company could do the same on a per-cup-of-coffee basis. Other normalizations used by clients include per unit of production, revenue, or employee. Additionally, organizations can customize their own normalizations through the EnergyPoints platform.
EnergyPoints Analytics answers such questions as “What is the total energy consumption/environmental performance across all enterprise resources? At each location?”
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“The new normalization factors are a fantastic addition to Energy Points — allowing us to track energy savings from our ESCO projects much more accurately, taking factors such as weather into account,” commented Ben Hart, ESCO Technical Manager at Anesco Limited. “Anesco provides investor-funded energy efficiency services for our clients across a range of buildings and portfolios. Energy Points, with its unique methodology, allows us to see resource utilization on our client sites across a total basis — including waste and water — and all the way back to the source, giving us an accurate overview of the energy savings each project is creating. Now, with these new features, we can monitor projects in an even more effective way, report savings in a language everyone understands, and realize significant resource and cost savings for our clients.”
Source-to-site analysis measures “behind the utility meter”
Energy Points provides integrated source-to-site energy analytics through an enterprise SaaS platform, which measures “behind the utility meter” for electricity, fuels, transportation, waste and water. Using embodied energy principals, Energy Points converts each of these to an EnergyPoint (EP), which is equivalent to a gallon of gasoline, and Energy per Gallon (EPG), which is comparable to the MPG of a car. As a big data solution for maximizing enterprise energy productivity, the EnergyPoints platform facilitates benchmarking, evaluating projects, managing the risk of changing energy systems and regulations, communicating to stakeholders, and supporting required disclosures.
“It is industry standard to capture resource pricing and site consumption to identify building outliers that are at risk,” said Bill Rebozo, Vice President of Product Development at Energy Points. “What makes Energy Points unique, however, is the fact that we measure the source energy required to produce those resources to identify resource outliers that are at risk. Simultaneously measuring and managing price, site, and resource risk maximizes both short- and long-term financial and environmental gains captured through strategic resource planning. Furthermore, normalizing these measurements based on building attributes, production volumes or corporate KPIs provides insight from the boiler room to the boardroom that our clients love and can’t find anywhere else.”
Software Development Kit allows integration
EnergyPoints Analytics is also available for channel partners looking to integrate the functionality directly into existing energy resource management solutions through a comprehensive Software Development Kit (SDK).
