Improving financial results is a prime driver in applying analytics to facilities and equipment systems. Today, the role of analytics in reducing energy and operational costs is well proven with thousands of successful implementations.
A critical element in driving financial results is the ability to assign costs to energy and other resources (water, oil, natural gas, etc), and to be able to correlate the costs associated with operational issues identified by analytic rules. One of the great challenges in assigning costs to energy use and analytic findings is the complexity of energy rates. It’s reported that there are over 30,000 different rate programs in the US alone!
In order to address the need to calculate costs based on real world, complex energy rates we are excited to introduce a major new feature - the SkySpark Rate Modeler and Tariff Engine. This new capability allows you to more precisely calculate the costs associated with energy (and other resources) and apply those costs to Sparks identified by SkySpark rules and energy usage. Learn about the new Tariff Engine in the December Issue of the Insider Newsletter here
John Petze Thu 19 Nov 2015
Improving financial results is a prime driver in applying analytics to facilities and equipment systems. Today, the role of analytics in reducing energy and operational costs is well proven with thousands of successful implementations.
A critical element in driving financial results is the ability to assign costs to energy and other resources (water, oil, natural gas, etc), and to be able to correlate the costs associated with operational issues identified by analytic rules. One of the great challenges in assigning costs to energy use and analytic findings is the complexity of energy rates. It’s reported that there are over 30,000 different rate programs in the US alone!
In order to address the need to calculate costs based on real world, complex energy rates we are excited to introduce a major new feature - the SkySpark Rate Modeler and Tariff Engine. This new capability allows you to more precisely calculate the costs associated with energy (and other resources) and apply those costs to Sparks identified by SkySpark rules and energy usage. Learn about the new Tariff Engine in the December Issue of the Insider Newsletter here