As the pandemic continues to challenge businesses, energy has been identified as one of the top expenses for businesses. According to research conducted by experts, enhancing energy efficiency within buildings will help to minimize the cost of operational expenditure and generate business intelligence for business owners. The implementation of energy efficiency can take on many forms; from lighting installation to upgrading heating ventilation air conditioning (HVAC) systems.
To implement energy efficiency, building operators can opt for building insulation and sealing, Power Factor Correction and a building energy management system. Energy efficiency measures will enable you to gain an understanding of your building’s energy consumption, lower your carbon footprint, establish your brand’s image, while reducing OPEX for your business during this time.
Being an industry leader in energy efficiency and an energy performance management system (EPMS) provider, find below the reasons of how your building benefit from this system:
Get to Know Your Energy Consumption Pattern
With an EPMS, gain a high-level overview of your building’s energy consumption pattern, areas of where you are using the most power (peak zones), as well as the machinery or processes that are contributing to this. Not to mention, by using the EPMS, you will be able to pinpoint the energy waste within your building through cloud computing and machine learning.
Optimize the Building Energy to Decrease OPEX
Every building has its own Power Factor – known as the measuring unit of efficient use of electricity. Measured on a range of 0 to 1.0, the higher the index (e.g., above 0.85 or 0.90) , the more efficient the level of energy usage. However, if the power factor ranges from under 0.85 or 0.90, it means that your building has an inefficient use of energy and there is a wastage of energy.
The EPMS will show your active/reactive energy data that you will need to know about the power factor as the data represents the connection between an apartment and a real power.
Lower Your Maximum Demand (MD) Charges
The MD charge is known as the highest level of energy demand that is being monitored by your electricity distribution power monthly. This demand is calculated in KW or KVA and recorded in a 30-minute interval. This MD charge plays a big role in your energy bills as it reflects how much energy was used by your building – which you may or may not be aware of.
Due to the fact that building energy consumption is invisible, Plus Xnergy Edge’s SOURCE was created to help you monitor and manage your building’s energy, while reducing MD charges. Gain insights through SOURCE on how your business can reduce OPEX through the optimization of energy consumption, AIoT, cloud computing and machine learning. Contact [email protected] to learn more.